Current News & Reports

Iran’s Marun Petchem targets expansion with 334.8% capital hike Iran’s Marun Petchem targets expansion with 334.8% capital hike
17 June, 2026
The Board of Directors of Marun Petrochemical Company has approved a 334.8% capital increase through retained earnings, raising the company's capital ....
Review of active and awarded projects within Iran’s PGPIC Review of active and awarded projects within Iran’s PGPIC
17 June, 2026
A review of ongoing and awarded projects within Persian Gulf Petrochemical Industries Company (PGPIC) shows that
Iran’s Hirsa Polymer Sahand Project reaches 60% completion: Tehran Jonoub MD Iran’s Hirsa Polymer Sahand Project reaches 60% completion: Tehran Jonoub MD
17 June, 2026
Iran’s Hirsa Polymer Sahand Petrochemical Project, located in the Mahshahr Petrochemical Special Economic Zone, is designed to produce 200,000 tons of polypropylene annually.
Will a US-Iran deal unlock $300bn in investment fund for Iran? Will a US-Iran deal unlock $300bn in investment fund for Iran?
17 June, 2026
The United States and Iran are expected to formally sign a memorandum of understanding in Switzerland on Friday, following an electronic signing earlier this week.
US-Iran peace deal weighs on Asia petrochemical prices amid supply recovery, weak demand (Report) US-Iran peace deal weighs on Asia petrochemical prices amid supply recovery, weak demand (Report)
17 June, 2026
Asian petrochemical prices fell on Tuesday following a peace deal between the US and Iran on 15 June, alongside a decrease in oil prices by over 4%...
Petropars nears completion of Iran’s South Pars refinery cleanup Petropars nears completion of Iran’s South Pars refinery cleanup
16 June, 2026
Debris removal, cleanup, and safety restoration work at the damaged units of South Pars Refinery III (Phases 4 and 5) has exceeded ....
NISOC expands processing capacity, advances flare gas projects and drilling plans: Company MD NISOC expands processing capacity, advances flare gas projects and drilling plans: Company MD
16 June, 2026
Managing Director of the National Iranian South Oil Company (NISOC), Ramin Hatami, announced that despite wartime conditions, the company continued ....
Complementary works at Iran’s South Pars Phases 22–24 underway: POGC Official Complementary works at Iran’s South Pars Phases 22–24 underway: POGC Official
15 June, 2026
the manager of the South Pars Phases 22–24 development project at Iran’s Pars Oil and Gas Company (POGC), announced that drilling operations for new wells ....

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

Recently Updated Projects Last Updated: 17 June, 2026

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
Karanj Khami
Location: 115 km southeast of Ahvaz

Recently Updated Oil & Gas Fields Last Updated: 01 February, 2026

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

Recently Updated Companies Last Updated: 16 June, 2026

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
Gas Company of East Azarbaijan Province
Category: NIGC and Affiliated Companies
Kermanshah Petrochemical Industries Co. (KPIC)
Category: Petrochemical Companies
Alay Mahestan Petrochemical Company (AMPC)
Category: Petrochemical Companies

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