Iran's Oil, Gas & Petrochemical Daily News

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IMF downgrades Iran’s economy forecast to 0.3% in 2025 IMF downgrades Iran’s economy forecast to 0.3% in 2025
02 May, 2025
The International Monetary Fund (IMF) has significantly downgraded its growth forecast for Iran, projecting gross domestic product (GDP) to ....
US to impose secondary sanctions on nations or companies buying Iranian oil: Trump US to impose secondary sanctions on nations or companies buying Iranian oil: Trump
02 May, 2025
US President Donald Trump said he would impose secondary sanctions on nations or companies buying Iranian oil...
QatarEnergy signs 25-year condensate supply deal with Shell QatarEnergy signs 25-year condensate supply deal with Shell
01 May, 2025
QatarEnergy has entered into a 25-year condensate supply agreement with Shell International Eastern Trading Company (SIETCO), a subsidiary of Shell.
Saudi Arabia signals it can live with lower oil prices: sources Saudi Arabia signals it can live with lower oil prices: sources
01 May, 2025
Saudi Arabian officials are briefing allies and industry experts to say the kingdom is unwilling to prop up the oil market with further supply cuts and can handle a prolonged period of low prices...
US targets tankers and entities in fresh Iran sanctions US targets tankers and entities in fresh Iran sanctions
01 May, 2025
The US is continuing to blacklist operators in Iran’s oil trade amid talks over a nuclear deal with Tehran.
Construction of Iran’s ‘Shahid Soleimani Petro-Refinery’ perhaps another time Construction of Iran’s ‘Shahid Soleimani Petro-Refinery’ perhaps another time
29 April, 2025
CEO of the National Iranian Oil Refining and Distribution Company (NIORDC), spoke about the current status of the Shahid Soleimani refinery project,
Iran mulls buying oil from Azerbaijan: Report Iran mulls buying oil from Azerbaijan: Report
29 April, 2025
A report shows Iran may start importing sizable amounts of oil from Azerbaijan as part of efforts to strengthen economic and political relations with its northern neighbor.
US Treasury sanctions three vessels carrying Iranian oil products US Treasury sanctions three vessels carrying Iranian oil products
29 April, 2025
The US Treasury Department is imposing sanctions on three vessels for allegedly delivering refined petroleum products
Iran Expo 2025 kicks off in Tehran Iran Expo 2025 kicks off in Tehran
29 April, 2025
The 7th Exhibition of Export Potential of Iran, known as Iran Expo 2025, opened on Monday in Tehran, ....
Iran’s Moghan 2D/3D seismic operations starts Iran’s Moghan 2D/3D seismic operations starts
29 April, 2025
Directorate of Exploration at National Iranian Oil Co. (NIOC) announced the start of the executive works ....
China's Sinopec partners with Saudi Aramco's unit in $4bln JV China's Sinopec partners with Saudi Aramco's unit in $4bln JV
29 April, 2025
China's state-run Sinopec said on Monday it had signed an agreement with a unit of Saudi Aramco to establish a joint venture company
Latest progress rate of Iran's Sabalan II (Dena) Methanol Latest progress rate of Iran's Sabalan II (Dena) Methanol
29 April, 2025
Managing Director of Sabalan Petrochemical Company talked about the latest status of Sabalan II methanol project of the company (Dena Methanol) and stated....
NIOEC issues tender for MC of Iran's Isfahan Oil Refinery projects NIOEC issues tender for MC of Iran's Isfahan Oil Refinery projects
29 April, 2025
The National Iranian Oil Engineering Company (NIOEC) has issued a tender for MC of the RHU/SSU/RSU projects
China's crude oil imports from Iran stood at 1.71 Mln bpdin March: Kpler China's crude oil imports from Iran stood at 1.71 Mln bpdin March: Kpler
28 April, 2025
Imports from Iran were estimated by commodity analysts Kpler at 1.71 million bpd in March, up 20% from February's 1.43 million bpd and a five-month high.
Iran’s Bank Mellat issues €60 Mln murabaha bonds for 2 petchem projects Iran’s Bank Mellat issues €60 Mln murabaha bonds for 2 petchem projects
27 April, 2025
An amount of €60 million in foreign currency murabaha bonds will be offered for the polyethylene projects of ....
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