Current News & Reports

Latest status of phase II of Iran’s Azar oilfield development project Latest status of phase II of Iran’s Azar oilfield development project
15 June, 2025
Keyvan Yarahmadi, the project manager for the development of the Azar oil field at the Petroleum Engineering and Development Company (PEDEC)
Oil prices spiked sharply in response to geopolitical turmoil Oil prices spiked sharply in response to geopolitical turmoil
15 June, 2025
The surge on June 13 marked the largest intraday oil move since March 2022, with WTI near $73 and Brent around $74.4.
Trump says 'war in Israel-Iran should end' Trump says 'war in Israel-Iran should end'
15 June, 2025
U.S. President Donald Trump said on Saturday "this war in Israel-Iran should end," with his comments coming in a social media post on his call with Russian President Vladimir Putin.
Iran says nuclear talks with US 'meaningless' after Israel attack Iran says nuclear talks with US 'meaningless' after Israel attack
14 June, 2025
Iran said on Friday the dialogue with the U.S. over Tehran's nuclear program is "meaningless" after Israel's biggest-ever military strike...
More details on Iran’s KPC ‘Synthetic Ethanol’ project More details on Iran’s KPC ‘Synthetic Ethanol’ project
12 June, 2025
Director of Engineering and Projects at Kharg Petrochemical Company (KPC), commented on the synthetic ethanol and acetic acid development projects....
Iran’s POGC plans to build onshore refinery for Farzad B gas field Iran’s POGC plans to build onshore refinery for Farzad B gas field
12 June, 2025
The project for the site selection and construction of an onshore refinery for Iran’s Farzad B gas field Development Plan, ...
€60 Mln murabaha bonds secured for 2 petchem projects €60 Mln murabaha bonds secured for 2 petchem projects
11 June, 2025
The subscription of foreign currency Murabaha bonds for two petrochemical companies—Soroush Mahestan Assaluyeh and Negin Mahestan Kangan...
A review on Iran’s petchem industry challenges (Analysis) A review on Iran’s petchem industry challenges (Analysis)
11 June, 2025
Iran’s petrochemical industry has long been recognized as one of the key symbols of the country’s industrial and scientific achievements.

Recently Updated Projects Last Updated: 12 June, 2025

Pardis Urea/Ammonia 3
Location: Pars Special Economic/Energy Zone (Assalouyeh)
Alvand Polypropylene
Location: Arak - Markazi Province
Hirsa Sahand Polypropylene
Location: Petrochemical Special Economic Zone (Mahshahr)
5th Methanol (Kharg Methanol 2)
Location: Kharg Island
Pars PDH
Location: Assalouyeh
Qeshm Storage Facilities
Location: Souza region, Southeast of Qeshm Island

Recently Updated Oil & Gas Fields Last Updated: 31 May, 2025

Forouz A
Field Type: gas
Hamoon
Field Type: gas
Roudak (Gas)
Field Type: gas
Darkhovein (Gas)
Field Type: gas
Rag-e Sefid (Khami)
Field Type: gas
Shahidan
Field Type: gas

Recently Updated Companies Last Updated: 12 June, 2025

Darya-Bandar Consulting Engineers (DBC)
Category: Consulting Companies
Kian Sanat Naron
Category: Construction Companies
Avitec
Category: Engineering Companies, Construction Companies, Consulting Companies
Technology Exchange Network (Nanoten)
Category: Associations
Persian Gulf Corporate Venture Capital (PETROCVC)
Category: Research Centers, Investment Companies, Associations
Kharg Petrochemical Co. (KPC)
Category: Petrochemical Companies

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