Current News & Reports

Iran, Oman begin talks on new Strait of Hormuz management framework Iran, Oman begin talks on new Strait of Hormuz management framework
23 June, 2026
Senior Iranian and Omani officials have launched high-level consultations in Muscat on establishing a new management framework for the strategic Strait of Hormuz...
Economic and oil & gas implications of a potential U.S.-Iran final agreement Economic and oil & gas implications of a potential U.S.-Iran final agreement
23 June, 2026
While immediate gains would come from higher oil exports, increased foreign exchange earnings, and lower transaction costs, the long-term benefits would depend on....
Two new South Pars infill wells ready for production: POGC Two new South Pars infill wells ready for production: POGC
23 June, 2026
Iran's Pars Oil and Gas Company (POGC) has announced the completion and preparation of two new infill wells....
PEDEC issues tender for of power supply network of Iran Yadavaran oilfield PEDEC issues tender for of power supply network of Iran Yadavaran oilfield
23 June, 2026
Iran’s Petroleum Engineering & Development Co. (PEDEC) has announced a tender for construction of power supply network....
U.S. temporarily authorizes Iranian oil exports amid peace talks U.S. temporarily authorizes Iranian oil exports amid peace talks
23 June, 2026
The United States has temporarily eased sanctions on Iran by issuing a 60-day general license authorizing the production, sale, and export of Iranian crude oil,
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's Oil, Gas & Petrochemical News
Iran's Oil, Gas & Petrochemical Reports

Recently Updated Projects Last Updated: 23 June, 2026

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

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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