Iran's Oil, Gas & Petrochemical News Headlines

Iran’s Ardabil Petrochemical project to be revived: Ardabil Governor
21 October, 2026
Ardabil Province Governor Masoud Emami announced that arrangements had been made for a joint investment of 80 trillion rials by five major national holding companies in a petrochemical project in the province.....

PC tender out for Iran’s Sarkhoun wellhead facilities
21 October, 2026
Iranian Central Oil Fields Co. (ICOFC) intends to hold a procurement and construction (PC) tender for the project to construct wellhead facilities....

PC tender out for Iran’s South Gashoy wellhead facilities
21 October, 2026
Iranian Central Oil Fields Co. (ICOFC) intends to hold a procurement and construction (PC) tender for the project to construct wellhead facilities....

Iran KEPCO plans exploratory well in Caspian Sea region in 2027
20 October, 2026
Iran’s Khazar Exploration and Production Company (KEPCO) plans to drill an exploratory well in the western Golestan Province and Caspian Sea Block 13 in 2027....

Iran’s SPGC gas output nears 198 bcm in last year
20 October, 2026
Iran’s South Pars Gas Complex (SPGC) produced approximately 197.8 billion cubic metres (bcm) of methane in the Iranian year ended March 20, 2026

Iran’s IOOC signs contracts for four offshore drilling rigs
20 October, 2026
Iran’s Offshore Oil Company (IOOC) has signed contracts with domestic investors and contractors to procure four offshore drilling rigs under a build-own-operate (BOO) model,....

Qatar's energy minister discusses cooperation with Iran's acting oil minister
20 October, 2026
Iran’s caretaker oil minister, Hamid Bovard, met with Qatar’s energy minister, Saad Sherida Al-Kaabi, in Doha on Monday

IMF projects 7.6% contraction in Iran’s economy in 2026
19 October, 2026
The International Monetary Fund (IMF) has downgraded its outlook for Iran’s economy, projecting a 7.6% contraction in real gross domestic product (GDP) in 2026....

TSE to sell 13.6% stake in Iran’s Bandar Abbas Oil Refinery
19 October, 2026
The Tehran Stock Exchange (TSE) has announced the sale of a 13.6% stake in Bandar Abbas Oil Refining Company,

PGPIC approves Iran’s Nehbandan Formaldehyde Resin project
19 October, 2026
Iran’s Persian Gulf Petrochemical Industries Company (PGPIC) has approved a formaldehyde resin production project in Nehbandan, South Khorasan Province,

Iran’s Amir Kabir Petrochemical to sell 52% stake in block deal
19 October, 2026
Iran’s Farabourse market will offer a 52% controlling stake in Amir Kabir Petrochemical Company, equivalent to 1.872 billion shares, on November 2, 2026.

Iran’s 3- month economic growth to August remains negative at 5.9%: CBI research arm
18 October, 2026
The research arm of the Central Bank of Iran has estimated changes in the country’s gross domestic product (GDP) in the month of Mordad (July–August) in a report titled....

Iran’s OEOC commissions first ESP pump at Azadegan integrated project
18 October, 2026
Iran’s Oil Exploration Operations Company (OEOC) has successfully installed and commissioned the first electric submersible pump (ESP) ....

U.S. targets Iran-linked banks and oil networks
18 October, 2026
The U.S. Treasury has sanctioned 10 Iran-linked entities and 16 individuals, targeting banks, oil intermediaries and foreign-exchange networks ...

Iran, Russia and Azerbaijan discuss regional gas cooperation
17 October, 2026
Officials from Iran, Russia, Azerbaijan, Armenia and Georgia discussed strengthening regional energy ties under the 3+3 framework....

Iran's Oil, Gas & Petrochemical Daily News

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