Iran's Oil, Gas & Petrochemical Daily News

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Indian state refiners ready for Iranian oil if US extends waivers Indian state refiners ready for Iranian oil if US extends waivers
07 July, 2026
India’s state-run refiners are in talks with traders marketing Iranian crude, and are preparing to buy barrels if the US extends waivers beyond August
Iran’s Soulabdar oilfield project enters final commissioning: OEID Iran’s Soulabdar oilfield project enters final commissioning: OEID
07 July, 2026
Iranian Oil and Energy Industries Development (OEID), a subsidiary of the Oil Industries Engineering and Construction (OIEC) Group, is advancing the development of Iran's Soulabdar oil field.
IGU: Global LNG trade hit record in 2025, Middle East conflict clouds outlook IGU: Global LNG trade hit record in 2025, Middle East conflict clouds outlook
07 July, 2026
Global liquefied natural gas (LNG) trade hit a record last year as strong ​U.S. exports and rising ⁠European imports offset weaker Asian purchases,
Iraq approves preliminary agreements to study strategic oil export pipeline projects Iraq approves preliminary agreements to study strategic oil export pipeline projects
06 July, 2026
Iraq's cabinet approved Basra ​Oil ⁠Company signing "a heads of agreement", ‌or preliminary agreement, and ​a non-disclosure agreement...
OPEC+ approves August output increase OPEC+ approves August output increase
06 July, 2026
OPEC+ has agreed to increase its collective oil production target by 188,000 barrels per day (bpd) from August, continuing the gradual rollback of ....
Iran begins oil sales talks with Japan: Reuters Iran begins oil sales talks with Japan: Reuters
05 July, 2026
Iran has started preliminary discussions with Japanese companies about resuming crude oil exports under a 60-day U.S. sanctions waiver that expires on August 21.
IRENEX international market deals in 3rd month of current Iranian year IRENEX international market deals in 3rd month of current Iranian year
01 July, 2026
During the first month of current Iranian month (22 Mar. to 22 Apr.), approximately 289,946 tons of different type of products were traded ....
IRENEX international market deals in 2nd month of current Iranian year IRENEX international market deals in 2nd month of current Iranian year
01 July, 2026
During the second month of current Iranian month (22 Apr. to 22 May.), approximately 289,946 tons of different type of products were traded.....
Morgan Stanley cuts Brent oil price forecast Morgan Stanley cuts Brent oil price forecast
01 July, 2026
Morgan Stanley has lowered its Brent crude oil price forecast for the remainder of 2026 and for 2027, citing a faster-than-expected recovery in oil flows
Iran’s Sepehr–Jufeyr production rises amid tech upgrade: PEDEC Official Iran’s Sepehr–Jufeyr production rises amid tech upgrade: PEDEC Official
30 June, 2026
the project manager of Iran’s Sepehr–Jufeyr oil field development project at Petroleum Engineering and Development Company (PEDEC) highlighted recent achievements....
Iran’s Taban Farda CEO outlines financial strategy and updates on key investments Iran’s Taban Farda CEO outlines financial strategy and updates on key investments
30 June, 2026
the CEO of Taban Farda Petrochemical Group (TFPG), a subsidiary of Ahdaf Investment Group, has outlined the company's financial policies, ....
Iran’s Ilam Petrochemical seeks MDO/MGO technology partners Iran’s Ilam Petrochemical seeks MDO/MGO technology partners
30 June, 2026
Iran’s Ilam Petrochemical Company intends to identify and evaluate companies and knowledge-based groups with active industrial units....
Caretaker appointed for Iran's NPC Caretaker appointed for Iran's NPC
30 June, 2026
Iran Oil Minister Mohsen Paknejad appointed Omid Shakeri as the caretaker of National Petrochemical Co. (NPC), replacing Hassan Abbas Zadeh.
Iranian-made gas compressors installed at Binak oilfield Iranian-made gas compressors installed at Binak oilfield
29 June, 2026
Three domestically manufactured reciprocating gas compressors built by Iranian knowledge-based company Havayar have been dispatched for installation at the Binak oilfield ....
Iran’s IGEDC issues EPC tender for gas pipeline Iran’s IGEDC issues EPC tender for gas pipeline
29 June, 2026
The Iranian Gas Engineering and Development Company (IGEDC) has issued a tender for the EPC construction of a 40-inch, 65-km Sangar–Rudsar...
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