Iran's Oil, Gas & Petrochemical Daily News

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Latest status of phase II of Iran’s Azar oilfield development project Latest status of phase II of Iran’s Azar oilfield development project
15 June, 2025
Keyvan Yarahmadi, the project manager for the development of the Azar oil field at the Petroleum Engineering and Development Company (PEDEC)
Oil prices spiked sharply in response to geopolitical turmoil Oil prices spiked sharply in response to geopolitical turmoil
15 June, 2025
The surge on June 13 marked the largest intraday oil move since March 2022, with WTI near $73 and Brent around $74.4.
Trump says 'war in Israel-Iran should end' Trump says 'war in Israel-Iran should end'
15 June, 2025
U.S. President Donald Trump said on Saturday "this war in Israel-Iran should end," with his comments coming in a social media post on his call with Russian President Vladimir Putin.
Iran says nuclear talks with US 'meaningless' after Israel attack Iran says nuclear talks with US 'meaningless' after Israel attack
14 June, 2025
Iran said on Friday the dialogue with the U.S. over Tehran's nuclear program is "meaningless" after Israel's biggest-ever military strike...
More details on Iran’s KPC ‘Synthetic Ethanol’ project More details on Iran’s KPC ‘Synthetic Ethanol’ project
12 June, 2025
Director of Engineering and Projects at Kharg Petrochemical Company (KPC), commented on the synthetic ethanol and acetic acid development projects....
Iran’s POGC plans to build onshore refinery for Farzad B gas field Iran’s POGC plans to build onshore refinery for Farzad B gas field
12 June, 2025
The project for the site selection and construction of an onshore refinery for Iran’s Farzad B gas field Development Plan, ...
€60 Mln murabaha bonds secured for 2 petchem projects €60 Mln murabaha bonds secured for 2 petchem projects
11 June, 2025
The subscription of foreign currency Murabaha bonds for two petrochemical companies—Soroush Mahestan Assaluyeh and Negin Mahestan Kangan...
Gazprom: Azerbaijan yet to respond to gas transit proposal to Iran Gazprom: Azerbaijan yet to respond to gas transit proposal to Iran
11 June, 2025
Azerbaijan has yet to respond to a proposal from Russia’s Gazprom regarding the transit of Russian natural gas to Iran through Azerbaijani territory, a senior company official said.
ADNOC Gas awards $5bln in contracts for first phase of its Rich Gas Development Project ADNOC Gas awards $5bln in contracts for first phase of its Rich Gas Development Project
11 June, 2025
ADNOC Gas Plc and its subsidiaries (together referred to as “ADNOC Gas” or the “Company”) announced yesterday....
Qatar is third largest global LNG exporter: IGU Qatar is third largest global LNG exporter: IGU
11 June, 2025
Currently, Qatar is the third largest global LNG exporter. Ahead of Qatar are the US and Australia.
Iraq plunged into darkness without Iranian gas Iraq plunged into darkness without Iranian gas
11 June, 2025
A widespread power outage in Iraq, coinciding with a sharp drop in imports from Iran, has pushed the country’s energy crisis into a new phase.
Iran’s Kharg Metanol-2 project replaced by Synthetic Ethanol project Iran’s Kharg Metanol-2 project replaced by Synthetic Ethanol project
10 June, 2025
Following the decisions made by the Board of Directors of Iran’s Kharg Petrochemical Company (KPC) regarding long-term development projects, ....
Iran’s PETROCVC to hold a specialized "Petro Venture" event for flare gas recovery Iran’s PETROCVC to hold a specialized "Petro Venture" event for flare gas recovery
10 June, 2025
Iran’s Persian Gulf Venture Capital (PETROCVC), in collaboration with the Technology Exchange Network (Nanoten), is organizing a specialized event titled “PetroVenture” focused...
Iran’s Shasta seeks to sell its stake in TAPPICO Iran’s Shasta seeks to sell its stake in TAPPICO
10 June, 2025
Iran’s Social Security Investment Company (Shasta) has issued an official public notice, calling for expressions of interest from potential buyers ....
Latest status of Iran’s Gachsaran HDPE project Latest status of Iran’s Gachsaran HDPE project
10 June, 2025
Managing Director of Gachsaran Polymer Industries Company, announced that as of May 30, the overall progress of the HDPE project....
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