The Masoud Pezeshkian administration's plan to increase gas prices divides Iranians, with some arguing it's necessary due to high consumption and smuggling.
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A senior commander of the Islamic Revolution Guards Corps (IRGC) says that Iran will never forfeit its rights to a disputed gas field located in waters between the country and Kuwait.
India's envoy to Moscow, Vinay Kumar, announced that Russia remains India's largest partner in the energy sector, with plans to expand cooperation in the coming years.
Iran and Turkmenistan on Wednesday signed an important energy agreement under which the two neighbors will expand gas swap cooperation.
Iranian President Masoud Pezeshkian has said that the country’s energy imbalance should be solved otherwise 8 percent economic growth will be out of reach.
Pakistan is in a diplomatic engagement with Iran to avert a potential fine over the completion of the Pakistan-Iran gas pipeline, which has faced many years of delays.
Iran's new oil minister Mohsen Paknejad appointed Hamid Boord as CEO of the National Iranian Oil Company (NIOC), Iran's oil ministry news agency SHANA reported on Thursday.
The petroleum minister Mohsen Paknejad has established a consultative working group to identify the oil industry's main problems and challenges regarding management and human capital development.
The Supreme Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei announced upstream sector development as a top priority.
Ukraine's President Zelenskyy urges India to cease Russian oil imports to end Ukraine's war, while India's External Affairs Minister Jaishankar discusses energy needs and market conditions.
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.
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.
Mohsen Paknejad won the vote of confidence of the parliament to become the petroleum minister of the 14th administration.
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.
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.
Mohsen Paknejad, a proposed Iranian Petroleum Ministry candidate, pledges to pursue non-price solutions to address gasoline imbalance in the country, stating the government has not defined any plans for raising prices.
Vice-chairman of the Parliament’s Industries and Mines Committee Seyyedjavad Hosainikia says that the committee has started the examination of records, plans, and earlier performance of the proposed minister for running the Petroleum Ministry.
Iranian President Masoud Pezeshkian submitted the list of his proposed ministers to the parliament for approval where Mohsen Paknejad has been nominated as the Minister of Petroleum.