Paknejad: Iran ready to install rig in Arash field, pending border talks  

SHANA (Tehran) - Iran’s oil minister denied claims of declining oil exports, stating that the Oil Ministry is prepared to install a drilling rig in the Arash oil field.

Paknejad:

Iran’s oil industry overcomes sanctions through domestic capabilities

SHANA (Tehran) – Oil Minister Mohsen Paknejad said the oil industry achieved full self-sufficiency in development and production during tough sanction years, attributing the success to the relentless efforts of Iranian experts, specialists, and youth.

Tehran, Kabul pledge closer collaboration on energy projects

SHANA (Tehran) – Iran’s oil minister and Afghanistan’s minister of mines and petroleum stressed the need to expand bilateral cooperation in oil and gas, discussing ways to enhance collaboration.

Iran, Turkmenistan move to deepen gas cooperation

SHANA (Tehran) – Iran’s oil minister and Turkmenistan’s foreign minister emphasized expanding bilateral cooperation in oil and gas, reviewing avenues for enhanced collaboration.

Major oil, petchem projects to launch monthly: Paknejad

SHANA (Tehran) - Oil Minister Mohsen Paknejad announced at a cabinet meeting Sunday that one major oil or petrochemical project will begin operations each month from late May through the end of the year.  

US policy of maximum pressure a failed experiment, says Paknejad

SHANA (Tehran) – Iran’s oil minister emphasized the diversification of the country’s crude oil sales portfolio, stating that the policy of maximum pressure is a repetitive slogan by the US and a failed experiment.

Iran, Iraq stress need to expand joint cooperation

SHANA (Tehran) – Iran’s oil minister and Iraq’s electricity minister emphasized bilateral relations and joint cooperation during an official meeting.

Oil minister reports on Iran Oil Show 2025 at cabinet meeting

SHANA (Tehran) – Oil Minister Moussen Paknejad provided a detailed report on the 29th International Oil, Gas, Refining, and Petrochemical Exhibition (Iran Oil Show 2025) during a cabinet meeting on Sunday afternoon, May 11.

Oil minister’s visit to Iran Oil Show 2025 on Second Day

SHANA (Tehran) – On the second day of the 29th International Oil, Gas, Refining & Petrochemical Exhibition (Iran Oil Show 2025), at its busiest hour—when the sun hammered down on the metal roofs of the exhibition booths—Oil Minister Mohsen Paknejad began touring the industry’s largest festival.

Paknejad:

Oil Ministry gears up oil contract approvals

SHANA (Tehran) – Oil Minister Mohsen Paknejad said Friday that since the start of the current administration, a dedicated team at his ministry has worked to address delays in finalizing oil contracts, reducing the approval process from several years to about six months.

Caspian Sea drilling operations resume after 3-decade halt on oil minister’s orders

SHANA (Tehran) – Oil Minister Mohsen Paknejad ordered the restart of exploratory drilling operations in the shallow waters of the Caspian Sea, deploying the drilling rig of the Northern Drilling Company in the Rudsar structure in Block 18 at a water depth of 70 meters.

President Pezeshkian visits Iran Oil Show 2025

SHANA (Tehran) – President Masoud Pezeshkian visited various sections of the 29th International Oil, Gas, Refining & Petrochemical Exhibition (Iran Oil Show 2025) on Thursday, shortly after its official opening by Oil Minister Mohsen Paknejad.

Oil minister inaugurates Iran Oil Show 2025

SHANA (Tehran) – The 29th International Oil, Gas, Refining & Petrochemical Exhibition (Iran Oil Show 2025) was officially inaugurated by Oil Minister Mohsen Paknejad, who unveiled the event’s official logo.

Crude exports continue at highest level despite sanctions

$10b investment transforms oil industry: Oil minister

SHANA (Tehran) – The oil minister announced increased oil and gas production capacity, plans for $10 billion in projects by the end of the current Iranian year 1404 (March 2026), and new measures by the Oil Ministry to facilitate contracts, attract investment, and support new technology-based firms (NTBFs).

Paknejad urges facilitating private sector participation in oil contracts

SHANA (Tehran) – Iran’s oil minister highlighted the potential of specialized oil and gas exhibitions and outlined measures by the Oil Ministry to streamline contract signings, attract investment, and increase private sector involvement under the 14th administration.

Iran backs OPEC+ decisions to stabilize oil market

SHANA (Tehran) - Iran’s oil minister emphasized that the Islamic Republic, as president of the OPEC Conference and a member of OPEC+, is closely monitoring global oil market developments in 2025.

Paknejad:

Gasoline quality improvement continues with refinery upgrades

SHANA (Tehran) – Iran’s oil minister announced the continuation of quality improvement projects at domestic refineries to enhance gasoline standards, stating that some refineries already produce Euro 4 and Euro 5 gasoline. Once these projects are completed, the supply of higher-quality fuel will increase.

Oil Ministry Ready to provide aid in Bandar Abbas incident

SHANA (Tehran) – The oil minister emphasized the ministry’s readiness to mobilize all resources and capabilities to assist and support those affected by the Bandar Abbas incident during these difficult times.

Focusing on energy, transportation, infrastructure development

Iran-Russia cooperation to enter implementation phase

SHANA (Moscow) – Iran’s oil minister highlighted the outcomes of the 18th meeting of the Iran-Russia Joint Economic Cooperation Commission, stating that the agreements reached outline a framework for long-term collaboration between the two countries. The Oil Ministry will vigorously pursue the practical implementation of these deals.

Iran, Russia agree on first phase of gas imports via Azerbaijan

SHANA (Moscow) – Iran’s oil minister announced that a preliminary agreement has been signed to import 55 billion cubic meters of gas annually (equivalent to roughly 150 million cubic meters per day) from Russia to Iran. He stated that transfer routes were evaluated, and both sides ultimately agreed on a land-based route through Azerbaijan.

Iran, Russia sign agreement for 18th Joint Economic Commission meeting

SHANA (Moscow) – Iran’s oil minister and Russia’s energy minister signed the agreement for the 18th Iran-Russia Joint Economic Cooperation Commission.

Strategic Iran-Russia agreement paves way for deeper energy, economic cooperation

SHANA (Moscow) – Iran’s oil minister said the signing of a comprehensive strategic partnership agreement between the two countries lays the groundwork for expanded cooperation in energy, economic and regional spheres.

Tehran, Moscow enter new, long-term strategic partnership phase

SHANA (Moscow) – The Iranian oil minister emphasized the importance of implementing the Comprehensive Strategic Partnership Agreement, calling for the removal of structural barriers in economic relations and faster execution of bilateral deals.

Oil minister:

Iran-Russia strategic treaty takes effect, marking key step in economic cooperation

SHANA (Moscow) – Iran’s oil minister hailed the approval of a strategic treaty between Iran and Russia as a significant step toward deepening economic ties, stressing that the potential for collaboration between the two nations exceeds what has been realized so far.