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2026-02-16 15:54
Iran, Russia stress deeper strategic ties as joint economic committee meeting opens
TEHRAN – Iran and Russia opened the 19th session of their Joint Economic Committee on Monday, underscoring efforts to convert bilateral understandings into executable projects and results-driven cooperation.
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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.