Current News & Reports

Iran’s Reshadat P4 offshore platform installed in Persian Gulf Iran’s Reshadat P4 offshore platform installed in Persian Gulf
22 June, 2026
The P4 processing platform of Iran’s Reshadat oil field—one of the largest oil processing platforms in the country, weighing about 6,200 tons—was successfully installed ...
Iran’s Azadegan Integrated Development Project begins: PEDEC MD Iran’s Azadegan Integrated Development Project begins: PEDEC MD
22 June, 2026
Managing Director of Iran’s Petroleum Engineering and Development Company (PEDEC), announced the launch of the early production phase of the Azadegan integrated development project,...
Storage and export gaps weaken Iran’s petrochemical sector: Expert Storage and export gaps weaken Iran’s petrochemical sector: Expert
22 June, 2026
Iranian energy analyst says Iran lacks a structured plan for rebuilding energy infrastructure after crises and suffers more from weak execution than weak strategy.
Iran signals return to global oil markets Iran signals return to global oil markets
22 June, 2026
Hamid Bovard, CEO of the National Iranian Oil Company (NIOC) and a member of Iran’s delegation in the four-party peace talks in Switzerland, ...
Brent drops on prospects of more Iranian oil Brent drops on prospects of more Iranian oil
22 June, 2026
Brent crude prices fell on Monday after U.S.-Iran talks in Switzerland ended with Iran announcing it had secured waivers for oil and petrochemical exports, ....
First JMC meeting held for Iran’s Band-e Karkheh oilfield development First JMC meeting held for Iran’s Band-e Karkheh oilfield development
21 June, 2026
The first Joint Management Committee (JMC) meeting for the development of Iran’s Band-e Karkheh oil field, was held with the presence of ....
Iran–U.S. negotiations enter critical phase after ceasefire deal Iran–U.S. negotiations enter critical phase after ceasefire deal
21 June, 2026
Iran and the United States are currently engaged in active but fragile negotiations in Switzerland aimed at stabilizing relations after months of conflict and regional escalation.
Iran’s Ilam Petrochemical seeks benzene recovery partners Iran’s Ilam Petrochemical seeks benzene recovery partners
21 June, 2026
Iran’s Ilam Petrochemical Company intends to identify and evaluate companies and knowledge-based groups with active industrial units and sufficient technical capability for processing pyrolysis gasoline...

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

Recently Updated Projects Last Updated: 20 June, 2026

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
Forouzan Development
Location: Kharg region
Pars Oil Products Pipeline
Location: From Mehraran pump station on Bandar Abbas–Rafsanjan pipeline to the city of Shiraz
Bandar Abbas Heavy Residual Upgrading
Location: Bandar Abbas

Recently Updated Oil & Gas Fields Last Updated: 18 June, 2026

Azar
Field Type: oil
Soulabdar
Field Type: oil
Susangerd
Field Type: oil
West Paydar
Field Type: oil
Aban
Field Type: oil
Changuleh
Field Type: oil

Recently Updated Companies Last Updated: 21 June, 2026

Oil Industries Commissioning & Operation Co. (OICO)
Category: Construction Companies, Repair & Maintenance Services
Saba Naft Engineering & Construction Co.
Category: Construction Companies
Farabi Petrochemical Co.
Category: Petrochemical Companies
Gas Company of West Azarbaijan Province
Category: NIGC and Affiliated Companies
Pouya Pazhouhesh Bakhtar Company
Category: Petrochemical Downstream Companies, Knowledge Based
Oil Industry Technology and Innovation Park (Petropark)
Category: NIOC and Affiliated Companies , Knowledge Based

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