Current News & Reports

Trump drops Hormuz transit fee plan, turns to Persian Gulf investment deals Trump drops Hormuz transit fee plan, turns to Persian Gulf investment deals
17 July, 2026
U.S. President Donald Trump has withdrawn his proposal to impose a 20% transit fee on ships passing through the Strait of Hormuz, opting instead to pursue trade and investment ...
Global energy security at risk if Strait of Hormuz does not open in weeks: IEA Chief Global energy security at risk if Strait of Hormuz does not open in weeks: IEA Chief
17 July, 2026
If the U.S. and Iran do not increase ‌oil flowing through the Strait of Hormuz soon, the world should worry about energy security,
Persian Gulf Fajr Energy Company calls for contractor prequalification Persian Gulf Fajr Energy Company calls for contractor prequalification
17 July, 2026
Persian Gulf Fajr Energy Company invites qualified companies holding Grade 1 certification in the Power discipline (Generation, Transmission and Distribution) ....
U.S. backs Iraq–Syria oil pipeline to bypass Hormuz U.S. backs Iraq–Syria oil pipeline to bypass Hormuz
16 July, 2026
The United States has expressed support for Iraq and Syria's plan to rebuild the Kirkuk–Baniyas oil pipeline, which would transport Iraqi crude to Syria's Mediterranean coast
Iran's EC approves development of Changuleh and Band-e-Karkheh oilfields Iran's EC approves development of Changuleh and Band-e-Karkheh oilfields
15 July, 2026
Iran's Economy Council has approved the development plans for the Changuleh and Band-e-Karkheh oil fields, ...
Iran's PEDEC begins talks on Yadman oilfield development Iran's PEDEC begins talks on Yadman oilfield development
15 July, 2026
Iran’s Petroleum Engineering and Development Company (PEDEC) has launched technical and contractual negotiations for the development of the Yadman Oil Field..
Iran's Jam Petchem acquires Mehr Petchem assets by court order Iran's Jam Petchem acquires Mehr Petchem assets by court order
15 July, 2026
Iran's Jam Petrochemical Company has acquired the assets of Mehr Petrochemical Company following a court ruling after the assets failed to attract buyers in two consecutive auctions.
Tender issued for Iran’s Ahvaz 2,3&5 well casing services Tender issued for Iran’s Ahvaz 2,3&5 well casing services
15 July, 2026
Iranian Petro Sina Arya Company, a subsidiary of Khatam HQ, has issued a tender for well casing services of 10 wells....

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: 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: 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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