Current News & Reports

Capital Increase at Iran's PGPIC Capital Increase at Iran's PGPIC
27 July, 2026
The shareholders of Persian Gulf Petrochemical Industries Company (PGPIC) approved a 25% capital increase, raising the company’s capital from 1,000 trillion rials to 1,250 trillion rials.
Iran presses Iraq over $11 Bln gas debt Iran presses Iraq over $11 Bln gas debt
27 July, 2026
During Iraqi Prime Minister Ali al-Zaidi’s recent visit to Tehran, Iranian officials reportedly urged Baghdad to repay around $11 billion in outstanding debt from years of Iranian natural gas imports.
PEDEC issues tender for O&M services for Goureh–Jask pipeline PEDEC issues tender for O&M services for Goureh–Jask pipeline
27 July, 2026
Iran’s Petroleum Engineering & Development Co. (PEDEC) has announced a tender for provision of operation, maintenance, and repair (O&M) services....
Iraq, Syria to sign pipeline deal to link oil production sites to global markets Iraq, Syria to sign pipeline deal to link oil production sites to global markets
27 July, 2026
Iraq will sign an agreement with Syria on the construction of pipelines linking oil production sites to global export markets via the Mediterranean, according to a statement.
Iran targets gas imbalance reduction through efficiency measures: NIGC MD Iran targets gas imbalance reduction through efficiency measures: NIGC MD
26 July, 2026
Managing Director of National Iranian Gas Company (NIGC) said that 76% of the country’s gas resources are located offshore, while gas production has so far been....
IRENEX international market deals in 4th month of current Iranian year IRENEX international market deals in 4th month of current Iranian year
26 July, 2026
During the fourth month of current Iranian (22 June to 22 July), approximately 1,474,700 tons of different type of products were traded ....
PC tender out for Iran’s Dalan wellhead facilities PC tender out for Iran’s Dalan wellhead facilities
26 July, 2026
Iranian Central Oil Fields Co. (ICOFC) intends to hold a procurement and construction (PC) tender for the project to construct wellhead facilities
Iran’s Kangan Polymer (PDH/PP) project set for 2028 launch: Saba Energy Iran’s Kangan Polymer (PDH/PP) project set for 2028 launch: Saba Energy
26 July, 2026
Iranian Saba Energy Holding has finalized preparations for financing the $1.2 billion Kangan Polymer Development Project (PDH/PP)

Recently Updated Projects Last Updated: 26 July, 2026

Band-e-Karkheh Oilfield
Location: North-West of Ahwaz (in Mehr Exploratory Block), Khuzestan Province
Changuleh Oilfield
Location: Ilam Province (in Anaran Exploratory Block); Shared with Iraq
Sadaf ESBR
Location: Pars Special Economic Energy Zone (PSEEZ) - Site 2
Sabzab-Rey Crude Oil Pipeline (Sabzab - Shazand)
Location: Sabzab - Tange Fanni - Shazand
Reshadat EPC/EPD
Location: Lavan Island Persian Gulf
Hengam Urea/Ammonia
Location: Pars Special Economic/Energy Zone (Site #2)

Recently Updated Oil & Gas Fields Last Updated: 15 July, 2026

Yadman
Field Type: oil
Soulabdar
Field Type: oil
Sepehr
Field Type: oil
Jufeyr
Field Type: oil
Tous
Field Type: gas
Azar
Field Type: oil

Recently Updated Companies Last Updated: 27 July, 2026

Andimeshk Ibn Sina Petrochemical Co.
Category: Petrochemical Companies
Raybad Energy Pazh Co. (REPCO)
Category: Knowledge Based
Assaluyeh Petrochemical Green Tanks (APGT)
Category: Petrochemical Downstream Companies
ATA Oil Company
Category: Producing Companies
Mehr Ayandegan Group
Category: Investment Companies

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