Current News & Reports

Iran’s Sepehr-Jufeyr oilfields targets 110,000 bpd production by March 2027 Iran’s Sepehr-Jufeyr oilfields targets 110,000 bpd production by March 2027
24 August, 2026
The meeting reviewed progress toward increasing production and accelerating field development. Key priorities include reaching the target of 110,000 bpd of oil production...
Iran’s Sohrab oilfield drilling to accelerate after environmental approval: PEDEC Iran’s Sohrab oilfield drilling to accelerate after environmental approval: PEDEC
24 August, 2026
The 17th meeting of the Joint Management Committee (JMC) for the development and production plan of Iran's Sohrab shared oilfield was held with the presence...
Iran’s Fajr Petchem signs second power plant rehabilitation agreement Iran’s Fajr Petchem signs second power plant rehabilitation agreement
24 August, 2026
Iran's Persian Gulf Fajr Energy Co. (Fajr Petrochemical Co.) has signed its second agreement to rehabilitate damaged power plants, this time with...
More details on Iran’s newly discovered Takhteh gas field More details on Iran’s newly discovered Takhteh gas field
24 August, 2026
NIOC Exploration Director Mohieddin Jafari said the field, located about 10 km northwest of Khonj and 35 km from the Shanul and Homa gas fields,...
Oil prices fall as markets await tougher US sanctions on Iran: Reuters Oil prices fall as markets await tougher US sanctions on Iran: Reuters
24 August, 2026
Oil prices fell by more than $1 a barrel on Monday as investors took profits ahead of an expected US announcement of tougher sanctions on Iran....
Iran announces major gas discovery in Fars province Iran announces major gas discovery in Fars province
24 August, 2026
Iran’s Oil Minister announced the discovery of more than 7.5 trillion cubic feet (Tcf) of gas in southern Fars Province,...
NIOC Official: Iran boosts private investment in oil sector NIOC Official: Iran boosts private investment in oil sector
23 August, 2026
The National Iranian Oil Company (NIOC) says private and non-government investment in the upstream oil sector is growing, with projects focused on increasing production,
Iran’s Fajr Petchem signs power plant rehabilitation contract with MAPNA Iran’s Fajr Petchem signs power plant rehabilitation contract with MAPNA
23 August, 2026
Iran's Persian Gulf Fajr Energy Co. (Fajr Petrochemical Co.) has signed a contract with MAPNA Group to rehabilitate and modernize its power plants..

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

Recently Updated Projects Last Updated: 24 August, 2026

Changuleh Oilfield
Location: Ilam Province (in Anaran Exploratory Block); Shared with Iraq
Azar Phase II
Location: Ilam Province (in Anaran Exploratory Block)
Azadegan Integrated
Location: West Arvand River in Khuzestan Province
Band-e-Karkheh Oilfield
Location: North-West of Ahwaz (in Mehr Exploratory Block), Khuzestan Province
Sadaf ESBR
Location: Pars Special Economic Energy Zone (PSEEZ) - Site 2
Sabzab-Rey Crude Oil Pipeline (Sabzab - Shazand)
Location: Sabzab - Tange Fanni - Shazand

Recently Updated Oil & Gas Fields Last Updated: 24 August, 2026

Takhteh
Field Type: gas
Sohrab
Field Type: oil
Yadman
Field Type: oil
Soulabdar
Field Type: oil
Sepehr
Field Type: oil
Jufeyr
Field Type: oil

Recently Updated Companies Last Updated: 24 August, 2026

Mehvar Gostar Nasr
Category: Construction Companies
Petrochemiran Co.
Category: Engineering Companies, Consulting Companies, Investment Companies, Petrochemical Companies
Pardis Petrochemical Co. (PPC)
Category: Petrochemical Companies
Ilam Gas Refining Co.
Category: NIGC and Affiliated Companies
Persian Gulf Petrochemical Industries Co. (PGPIC)
Category: Petrochemical Companies
Khouzestan Petrochemical Co. (KZPC)
Category: Petrochemical Companies

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