Current News & Reports

Produced water emerges as a growing challenge for Iran’s mature oilfields (Analysis) Produced water emerges as a growing challenge for Iran’s mature oilfields (Analysis)
02 November, 2026
Rising volumes of produced water in Iran’s aging oilfields are increasing operating costs and creating challenges for water separation, treatment,....
Iran’s crude oil OSPs for November 2026 Iran’s crude oil OSPs for November 2026
02 November, 2026
According to the International Affairs of National Iranian Oil Co. (NIOC) the official crude oil selling prices (OSPs) of Iranian crude oil for November 2026 are as follows:
Latest status of phase II of Iran’s Azar oilfield development project Latest status of phase II of Iran’s Azar oilfield development project
02 November, 2026
The third joint management committee (JMC) meeting for phase II of Iran’s Azar oil field development project was held to review project progress, contractor performance, ....
Iran’s Razi petrochemical signs MoU with NIOC to develop two gas fields Iran’s Razi petrochemical signs MoU with NIOC to develop two gas fields
02 November, 2026
Iran’s Razi Petrochemical Company has signed a memorandum of understanding (MoU) with the National Iranian Oil Company (NIOC) to study and develop....
OPEC+ keeps December oil output targets steady OPEC+ keeps December oil output targets steady
02 November, 2026
OPEC+ oil-producing countries kept December production targets ‌steady on Sunday, confirming expectations that more policy adjustments will not occur until next year....
Iran’s NIDC tenders directional drilling motor services Iran’s NIDC tenders directional drilling motor services
02 November, 2026
National Iranian Drilling Company (NIDC) has issued a tender for provision of directional drilling downhole motor services on a call-out basis,
New MD appointed for Iran’s POGC New MD appointed for Iran’s POGC
01 November, 2026
Farrokh Alikhani, caretaker of the National Iranian Oil Company (NIOC), has appointed Hamidreza Masoudi as Managing Director of Pars Oil and Gas Company (POGC),
Iran’s Tabriz Oil Refining Co. sells 8.2% stake in Tabriz Petrochemical Iran’s Tabriz Oil Refining Co. sells 8.2% stake in Tabriz Petrochemical
01 November, 2026
Tabriz Oil Refining Company has announced the sale of a total of 407,389,001 shares in Tabriz Petrochemical Company, equivalent to 8.2% of the company's equity, at Rial 65,000 per share.

Iran's Oil, Gas & Petrochemical News
Iran's Oil, Gas & Petrochemical Reports

Recently Updated Projects Last Updated: 19 October, 2026

Aban and West Paydar
Location: Ilam Province
Fanavaran MTP (Petro Olefins)
Location: Petrochemical Special Economic Zone (PETZONE)
Azadegan Integrated
Location: West Arvand River in Khuzestan Province
Islam Abad Gharb GTPP
Location: Islam Abad Gharb Special Economic Zone, Kermanshah Province
Susangerd
Location: 12 km off Southeast of Sousangerd City of Khuzestan Province
Changuleh Oilfield
Location: Ilam Province (in Anaran Exploratory Block); Shared with Iraq

Recently Updated Oil & Gas Fields Last Updated: 13 October, 2026

North Yaran
Field Type: oil
Shadegan
Field Type: oil
Takhteh
Field Type: gas
Sohrab
Field Type: oil
Yadman
Field Type: oil
Soulabdar
Field Type: oil

Recently Updated Companies Last Updated: 01 November, 2026

Pars Oil & Gas Co. (POGC)
Category: NIOC and Affiliated Companies
Terminals & Tanks Petrochemical Co. (TTPC)
Category: Petrochemical Companies
Paya Oil Refining Company
Category: Refining Companies / Refineries
Gachsaran Oil & Gas Production Co. (GOGPC)
Category: National Iranian South Oil Company (NISOC) Subsidiaries
Petrochemical Industries Development Management Co. (PIDMCO)
Category: Petrochemical Companies
Oil Exploration Operations Co. (OEOC)
Category: Drilling Companies, Seismic Companies, Drilling Services

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