Current News & Reports

Iraq plans to raise oil production capacity above 6mln bpd by 2029 Iraq plans to raise oil production capacity above 6mln bpd by 2029
24 March, 2025
Iraq plans to raise oil production capacity to more than 6 million barrels per day (bpd) by 2029, the state news agency reported Iraq's oil ministry as saying on Sunday.
New US sanctions to slow but not stop China's Iranian oil imports, traders say New US sanctions to slow but not stop China's Iranian oil imports, traders say
22 March, 2025
Iranian oil shipments into China are set to fall in the near-term after new U.S. sanctions on a refiner and tankers, driving up shipping costs,....
Iran's 9-month GDP shows 3.1% growth including oil: CBI Iran's 9-month GDP shows 3.1% growth including oil: CBI
18 March, 2025
According to a report released by the Central Bank of Iran (CBI) on Monday March 17, Iran’s gross domestic product (GDP) ....
Iran’s Expediency Council considers conditional approval of CFT, Palermo conventions Iran’s Expediency Council considers conditional approval of CFT, Palermo conventions
17 March, 2025
The head of Iran’s Expediency Council has stated that the council can conditionally approve the Combating the Financing of Terrorism (CFT) and Palermo Conventions.
Iran’s KORC issues EPCC tender for products’ upgrade Iran’s KORC issues EPCC tender for products’ upgrade
17 March, 2025
Iran’s Kermanshah Oil Refining Company (KORC) has issued a tender for engineering, procurement, construction and commissioning (EPCC) project ....
Tehran Oil Refinery plans to improve fuel oil quality: Company CEO Tehran Oil Refinery plans to improve fuel oil quality: Company CEO
17 March, 2025
Managing Director ofTehran Oil Refining Company (TORC) referred to the refinery's fuel oil quality improvement project and said:....
Iran Expediency Council’s Commission gives approval to FATF-related bills Iran Expediency Council’s Commission gives approval to FATF-related bills
17 March, 2025
A commission at the Iranian Expediency Council has approved the FATF-related bills known as Palermo and CFT.
Iraq discusses possible deal to import gas from Turkey Iraq discusses possible deal to import gas from Turkey
17 March, 2025
The Iraqi Minister of Foreign Affairs, Fuad Hussein, and the Turkish Minister of Energy and Natural Resources, Alparslan Bayraktar, discussed on Sunday a possible deal related to gas imports

Recently Updated Projects Last Updated: 12 March, 2025

Damoon Palayesh Giti
Location: Mahshahr Petrochemical Zone
South Pars Pressure Boosting
Location: South Pras offshore and onshore
Tabriz HDPE/PP
Location: Tabriz - East Azarbaijan Province
Mehr Condensate Petro Refinery
Location: Bandar Abbas adjacent to Persian Gulf Star Condensate Refinery (PGSCR)

Recently Updated Oil & Gas Fields Last Updated: 09 March, 2025

Changuleh
Field Type: oil
Azar
Field Type: oil
Reshadat
Field Type: oil
Siahmakan
Field Type: oil
Khangiran
Field Type: gas
Yadavaran
Field Type: oil

Recently Updated Companies Last Updated: 12 March, 2025

Masjed Soleyman Petrochemical Industries Co. (MIS)
Category: Petrochemical Companies
Kavian Petrochemical Co.
Category: Petrochemical Companies
Fateh Kimia Petrochemical Co. (FKP)
Category: Petrochemical Companies
Fateh Group (FG)
Category: Engineering Companies, Construction Companies, Transportation & Shipping Services
Sarvak Azar Engineering & Development Co. (SAED)
Category: Engineering Companies, Construction Companies, E&P Companies
Fateh Sanat Kimia Co. (FSK)
Category: Repair & Maintenance Services, Mechanical Equipment (Manufacturers)

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