Current News & Reports

Iranian heavy oil price at over $82 in July: OPEC data Iranian heavy oil price at over $82 in July: OPEC data
14 August, 2026
Iranian Heavy crude’s average spot price stood at $82.07 per barrel in July 2026, down about $8.7 per barrel from June 2026,
Global oil market highlights in July 2026 as reported by OPEC (Report) Global oil market highlights in July 2026 as reported by OPEC (Report)
14 August, 2026
In July, the OPEC Reference Basket (ORB) value dropped by $6.76/b, m-o-m, to average $82.99/b.
Iran crude output as reported by OPEC (July update) (Report) Iran crude output as reported by OPEC (July update) (Report)
14 August, 2026
According to secondary sources, total OPEC-12 crude oil production averaged 23,632 mb/d in July 2026,
Iran’s Kharg Petrochemical joins offshore flare gas recovery Iran’s Kharg Petrochemical joins offshore flare gas recovery
14 August, 2026
Iran’s Kharg Petrochemical Company has joined joint projects to recover flare gas from facilities operated by the Iranian Offshore Oil Company (IOOC),
China’s teapot refiners set to boost Iranian oil imports China’s teapot refiners set to boost Iranian oil imports
14 August, 2026
China’s independent “teapot” refiners are expected to increase purchases of Iranian crude in August as crude stockpiles....
Iran, Pakistan stress expansion of trade, energy cooperation Iran, Pakistan stress expansion of trade, energy cooperation
14 August, 2026
Iranian Oil Minister Mohsen Paknejad and Pakistan’s Interior Minister Syed Mohsin Raza Naqvi have emphasized the need to expand bilateral trade and economic
Iran’s NISOC calls for leasing MOT units Iran’s NISOC calls for leasing MOT units
11 August, 2026
National Iranian South Oil Co. (NISOC) has issued several tenders for the lease of Mobile Oil Processing Units (MOTs)....
Iran’s Mokhtar gas field drilling resumes Iran’s Mokhtar gas field drilling resumes
11 August, 2026
Drilling operations at Iran’s Mokhtar gas field have resumed after an eight-month suspension, with drilling now reaching ....

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

Recently Updated Projects Last Updated: 29 July, 2026

Azar Phase II
Location: Ilam Province (in Anaran Exploratory Block)
Azadegan Integrated
Location: West Arvand River in Khuzestan Province
Band-e-Karkheh Oilfield
Location: North-West of Ahwaz (in Mehr Exploratory Block), Khuzestan Province
Changuleh Oilfield
Location: Ilam Province (in Anaran Exploratory Block); Shared with Iraq
Sadaf ESBR
Location: Pars Special Economic Energy Zone (PSEEZ) - Site 2
Sabzab-Rey Crude Oil Pipeline (Sabzab - Shazand)
Location: Sabzab - Tange Fanni - Shazand

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: 11 August, 2026

Dehdasht Petrochemical Industries Co.
Category: Petrochemical Companies
Kangan Polymer Development Co. (KPDC)
Category: Petrochemical Companies
Kangan Petro Refining Co. (KPRC)
Category: Refining Companies / Refineries
Gas Company of Qazvin Province
Category: NIGC and Affiliated Companies
Gas Company of Kermanshah Province
Category: NIGC and Affiliated Companies
Gas Company of Gilan Province
Category: NIGC and Affiliated Companies

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