Current News & Reports

Iran’s NISOC issues tender for 32-Well SRP project Iran’s NISOC issues tender for 32-Well SRP project
14 July, 2026
National Iranian South Oil Co. (NISOC) has issued a tender for provision of support services, continuous monitoring, maintenance, overhaul, replacement of failed sucker rod pumps (SRPs)...
Iran, Russia nearing finalization of Russian gas supply contract: Paknejad Iran, Russia nearing finalization of Russian gas supply contract: Paknejad
14 July, 2026
Iran and Russia are in the final stages of agreeing on the details of a contract for Russian gas supplies to Iran, Iranian Oil Minister Mohsen Paknejad announced .....
Global oil market highlights in June 2026 as reported by OPEC (Report) Global oil market highlights in June 2026 as reported by OPEC (Report)
14 July, 2026
In June, the OPEC Reference Basket (ORB) value dropped by $24.80/b, m-o-m, to average $89.75/b.
Iran crude output as reported by OPEC (June update) (Report) Iran crude output as reported by OPEC (June update) (Report)
14 July, 2026
According to secondary sources, total OPEC-12 crude oil production averaged 22,002 mb/d in June 2026, which is 3.051 mb/d higher m-o-m.
Iranian heavy oil price at over $90 in June: OPEC data Iranian heavy oil price at over $90 in June: OPEC data
14 July, 2026
Iranian Heavy crude’s average spot price stood at $90.77 per barrel in June 2026, down about $24.62 per barrel from May 2026.
Iran’s TAPPICO pursues PGSCR IPO, debt offset plan: Company MD Iran’s TAPPICO pursues PGSCR IPO, debt offset plan: Company MD
13 July, 2026
Iran’s Tamin Petroleum & Petrochemical Investment Co. (TAPPICO) plans to list the Persian Gulf Star Condensate Refinery (PGSCR) on the Tehran Stock Exchange....
Iran’s NDF recovers record $12bn in outstanding loans: Official Iran’s NDF recovers record $12bn in outstanding loans: Official
13 July, 2026
Director of Supervision and Claims Recovery at Iran's National Development Fund (NDF), announced that the fund recovered a record $12 billion in loans extended ....
Iran's oil sales slow as Chinese refiners turn to cheaper Middle East crude: Reuters Iran's oil sales slow as Chinese refiners turn to cheaper Middle East crude: Reuters
13 July, 2026
According to the Reuters, Iranian Light crude is currently trading at a narrower discount of $2–3 per barrel below ICE Brent, compared with $5–8 per barrel discounts for competing...

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

Recently Updated Projects Last Updated: 28 June, 2026

Changuleh Oilfield
Location: Ilam Province (in Anaran Exploratory Block); Shared with Iraq
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)
Hirsa Sahand Polypropylene
Location: Petrochemical Special Economic Zone (Mahshahr)
Negin Mahestan - Kangan LLDPE/HDPE
Location: Tombak - 70km from Assaluyeh

Recently Updated Oil & Gas Fields Last Updated: 07 July, 2026

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

Recently Updated Companies Last Updated: 13 July, 2026

Morvarid Petrochemical Co.
Category: Petrochemical Companies
Pad Jam Polymer Development Co. (PJPC)
Category: Petrochemical Companies
Seiswave Geology Services Co. (SGS)
Category: Foreign Companies
Taban Farda Petrochemical Group (TFPG)
Category: Investment Companies
Middle East Kimiya Pars Co. (MEKP)
Category: Petrochemical Companies
Amir Kabir Petrochemical Co. (AKPC)
Category: Petrochemical Companies

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