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2025-11-01 15:50
12 flare gas recovery, sales contracts signed under president’s directive
TEHRAN – Twelve contracts for the recovery and sale of flare gas from oilfields in southern Iran were signed on Saturday via video conference in the presence of President Masoud Pezeshkian and Oil Minister Mohsen Paknejad, according to the National Iranian Oil Company (NIOC).
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2025-09-26 12:31
Iran says snapback mechanism will not impose new hurdles on oil sales
TEHRAN – Iran’s oil minister said the possible activation of the so-called snapback mechanism would not create fresh restrictions on crude exports, stressing that contingency measures are in place if needed.
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2025-09-19 13:45
Iran, Russia discuss boosting economic co-op ahead of 19th joint committee meeting
Tehran – Iran’s Oil Minister Mohsen Paknejad on Wednesday met Russian Energy Minister Sergei Tsivilyov and Gazprom CEO Alexei Miller in Tehran to review economic cooperation and preparations for the next meeting of the Iran-Russia Joint Economic Committee, the Oil Ministry’s news agency Shana reported.
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2025-09-05 16:36
Iran boosts monthly oil exports by 630,000 barrels: oil minister
TEHRAN – Iran’s oil exports rose by an average of 630,000 barrels a month in the first four months of the current Iranian year (March 21-July 22) compared with the same period last year, Oil Minister Mohsen Paknejad said on Wednesday.
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2025-08-20 20:44
Oil minister says Iran has no unsold oil waiting at sea
TEHRAN – Iranian Oil Minister Mohsen Paknejad has stated that the country has no unsold oil waiting at sea, clarifying that all current shipments are strategically managed in line with market demand.
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2025-08-16 13:31
Oil minister says gas flaring to end by 2029
TEHRAN – Iran’s Oil Minister Mohsen Paknejad said on Saturday the country aims to eliminate gas flaring by the end of the Iranian calendar year 1407 (March 2029), as one of the largest gas recovery projects in southern Ilam came online.
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2025-07-09 14:39
Iran warns energy producers must not be targeted, citing threat to global stability
TEHRAN – Iran’s Oil Minister Mohsen Paknejad warned that military aggression against energy-producing nations violates international law and threatens global stability, urging a commitment to peace and cooperation to ensure secure and sustainable energy supply.
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2025-05-09 15:06
Over 2,200 companies attend West Asia's biggest oil industry gathering in Tehran
TEHRAN - Iran's oil industry, a key economic driver, is showcasing its latest achievements at the 29th International Oil, Gas, Refining and Petrochemical Exhibition (Iran Oil Show 2025) in Tehran, where over 2,200 domestic and international companies have convened.
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2025-04-13 12:40
Iran’s oil minister to visit Iraq for energy talks
TEHRAN - Iran’s Oil Minister Mohsen Paknejad announced plans to travel to Iraq in the coming days at the invitation of his Iraqi counterpart, highlighting strong bilateral ties across various sectors, particularly in the oil industry and joint petroleum projects.
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2025-04-12 14:17
Iran invites foreign investment in oil sector ahead of major energy expo
TEHRAN - Iran’s Oil Minister Mohsen Paknejad said the country welcomes the participation of foreign investors—particularly from neighboring states—in its oil industry, as Tehran prepares to host several key energy events in the coming weeks.
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2025-04-05 16:18
Refinery projects prioritized to accelerate development, boost fuel output
TEHRAN - Iran is streamlining its refinery development strategy by prioritizing projects that offer higher returns and can be brought online more quickly, Oil Minister Mohsen Paknejad said during a visit to the Tehran Oil Refinery.
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2025-03-17 12:02
Lawmakers condemn U.S. sanctions on oil minister as violation of international law
TEHRAN - Iranian lawmakers condemned U.S. sanctions on Oil Minister Masoud Paknejad, calling the move a violation of international law and a sign of Washington’s failure to pressure the country’s energy sector.
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2025-03-14 12:41
U.S. sanctions Iran’s oil minister for efforts to maximize oil sales
TEHRAN – Iran’s Oil Minister, Mohsen Paknejad, has been placed on the latest U.S. sanctions list by the U.S. Department of the Treasury for his extensive efforts to sell Iranian oil despite ongoing sanctions.
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2025-02-09 20:30
It is just a wish for US to zero out Iran’s oil export: minister
TEHRAN – Iran’s Oil Minister Mohsen Paknejad said on Sunday that zeroing out Iran’s oil export through renewing the “maximum pressure” policy, which had already ended in failure, is purely an illusion.
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2025-02-05 15:10
Unilateral sanctions destabilize oil markets: Iran’s oil minister
TEHRAN – Iran’s Oil Minister Mohsen Paknejad said on Wednesday that imposing unilateral sanctions against major oil producers and exerting pressure on OPEC is a clear attempt to destabilize global oil and energy markets, ultimately harming consumers worldwide.
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2024-12-25 14:51
Iran to sign $6b contracts to boost gas recovery from South Pars
TEHRAN - Iran's oil minister announced plans to finalize $6.0 billion worth of contracts to boost pressure at the South Pars gas field, which is a top national priority.
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2024-12-11 13:12
Paknejad elected OPEC president for 2025
TEHRAN – Iranian Oil Minister Mohsen Paknejad has been elected as the rotating president of the Organization of the Petroleum Exporting Countries (OPEC) for 2025.
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2024-12-08 13:49
Iran hosts GECF meeting, highlights gas demand amid global challenges
TEHRAN – Iran has increased its annual natural gas production to 275 billion cubic meters despite U.S. sanctions, while warning that geopolitical tensions are threatening global energy supply chains. Iranian Oil Minister Mohsen Paknejad made the comments at the 26th Ministerial Meeting of the Gas Exporting Countries Forum (GECF) on Sunday in Tehran.
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2024-12-07 14:47
Attendance of GECF ministers in Tehran reflects Iran's stability
TEHRAN - The minister of oil said that the presence of energy and oil ministers from the Gas Exporting Countries Forum (GECF) in Tehran highlights Iran's resilience, stability, and high level of security under current conditions.
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2024-12-06 14:15
Optimizing gasoline consumption a priority, no price changes yet: Paknejad
TEHRAN – Iran's Oil Minister Mohsen Paknejad emphasized that optimizing gasoline consumption is a top priority for the ministry, adding that no decision has been made regarding changes to gasoline prices.
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2024-11-26 12:57
Oil exports continue as usual: Paknejad
TEHRAN – Iranian Oil Minister Mohsen Paknejad says following President Trump’s election in the United States, Iran is taking new measures to ensure that the country’s oil exports continue without or with minimal challenges.
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2024-11-06 12:38
Mousavi appointed as Iran’s deputy oil minister for intl. affairs
TEHRAN - Iranian Oil Minister Mohsen Paknejad has appointed Ali-Mohammad Mousavi as his deputy for international and commercial affairs, Shana reported.
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2024-10-06 19:24
Oil minister visits Kharg to check oil installations security
TEHRAN- Iranian Oil Minister Mohsen Paknejad arrived in Kharg island, in the Persian Gulf, on Sunday to visit the hub of Iran’s oil exports and meet the employees of the island’s operational zone, in the second day of his visit to Bushehr province, in southwest of Iran.
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2024-09-22 14:01
GECF secretary general writes appreciation letter to Iranian oil minister
TEHRAN - Secretary General of the Gas Exporting Countries Forum (GECF) Mohamed Hamel, who visited Tehran earlier this month to discuss and coordinate holding the 26th Ministerial Meeting of the forum in late October, has written a letter to Iranian Oil Minister Mohsen Paknejad thanking him for his hospitality.
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2024-09-10 13:35
Iran can be West Asia’s energy transit gateway: oil minister
TEHRAN - Iranian Oil Minister Mohsen Paknejad has said the country can be a suitable gateway and crossroad for energy trade and transit in the region, given its geopolitical position.
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2024-08-30 15:36
NIOC’s new head appointed
TEHRAN - Iranian Oil Minister Mohsen Paknejad has appointed Hamid Bovard as the Deputy Oil Minister and Head of National Iranian Oil Company (NIOC).
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2024-08-26 15:05
Azimifar appointed as NIORDC’s new head
TEHRAN – Iranian Oil Minister Mohsen Paknejad appointed Mohammad Sadegh Azimifar as the new head of the National Iranian Oil Refining and Distribution Company (NIORDC), Shana reported.
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2024-08-23 14:18
Iran’s new oil minister outlines short-term plans
TEHRAN – Iran’s new Oil Minister Mohsen Paknejad has outlined the ministry’s short-term plans, stressing resolving the energy imbalance in the country as a priority, Shana reported.
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2024/08/17
By M.A. Saki
Challenges of the new oil minister
TEHRAN - Writing an article in the Tehran Times on Saturday, the proposed oil minister Mohsen Paknejad pointed to the importance of energy security in the world, Iran’s abundant fossil fuel resources (ranking first in the world in terms of total oil and gas reserves), the great and attractive foreign investment opportunities in Iran’s oil and gas industries, energy diplomacy, and other pressing issues.
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2024/08/16
By Mohsen Paknejad (oil minister nominee)
Future energy perspective & investment opportunities in Iran's petroleum industry
TEHRAN- While the world continues to strive towards achieving the United Nations Sustainable Development Goals (SDGs) and is determined to shift from reliance on fossil fuels to renewable energy sources and implementing carbon reduction policies, the trilemma of energy security, climate change, and economic growth persist.