Petroleum Minister Mohsen Paknejad appointed Mohammad Sadegh Azimifar as the CEO of the National Iranian Oil Refining and Distribution Company (NIORDC).
IRAN Feed Atom
Iran's new Oil Minister, Mohsen Paknejad, plans to address the country's energy imbalance by focusing on alternative fuels like gas, rather than increasing energy carrier prices.
Iran’s Petropars Company begins the operations for drilling three infill wells at South Pars gas field which Iran shares with Qatar in the Persian Gulf, Shana reported.
The Iranian minister of petroleum Mohsen Paknejad appointed Kasra Nouri, former general manager of the public relations department of the Petroleum Ministry, as his advisor and head of the petroleum minister's office.
Minister of Petroleum Mohsen Paknejad visited President Masoud Pezeshkian to talk about the oil industry development and the challenges ahead.
Following winning a vote of confidence from the parliament yesterday, the new Petroleum Minister Mohsen Paknejad held his first meeting today in his office at the Petroleum Ministry.
In a meeting held on Wednesday in Iraq, officials from Iran and Iraq highlighted the need to expand educational and research collaborations between the two countries.
Head of National Iranian Oil Refining and Distribution Company (NIORDC) Jalil Salari says the country is currently producing over 30 million liters of Euro 4 gasoline and 70 million liters of Euro 5 gasoline on a daily basis.
Mohsen Paknejad won the vote of confidence of the parliament to become the petroleum minister of the 14th administration.
The caretaker of the Central Bank of Iran (CBI) Monetary and Banking Research Institute has said the country is targeting 9.5 percent inflation and 13.8 percent liquidity growth by the end of the seventh National Development Plan.
Ramin Hatami, former CEO of ICOFC, emphasized the need for an industry expert at the Petroleum Ministry due to the current oil industry situation.
Proposed Iranian petroleum minister Mohsen Paknejad has said that Iran’s oil production is planned to increase by 400 thousand barrels a day up to the end of the next Iranian calendar year on 19 March 2026.
Iran’s South Pars phase 14 refinery has been connected to the national gas network via pipeline, an official with the Iranian Gas Transmission Company (IGTC) said.
The former managing director of the National Petrochemical Company (NPC) Behzad Mohammadi has described the proposed petroleum minister as a capable manager with deep knowledge of the oil industry.
A June deal to receive 300 million cubic meters of Russian gas daily enables Iran to position itself as an energy hub and a regional leader in energy diversity.
CEO of the National Iranian Gas Company (NIGC) says the gas grid in the country has expanded by 53,000 kilometers in the past three years.
The Shiraz oil refinery's improving gasoline quality plan, which will upgrade the quality of 1.6 million liters of its daily gasoline production to euro-5 standards, is ready to come online.
Energy Expert Mohammad Hossein Keshavarz has stressed the need to increase the share of CNG in the country’s fuel basket as it is more clean and economically justifiable for the country.
Head of NIORDC Jalil Salari said with the implementation of the gasoline quality improvement plan of Shiraz Refinery, 71 percent of the country’s gasoline output will be under Euro 5 standards.
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.