Iran's Oil, Gas & Petrochemical News Headlines

Trump signs Russia, Iran Sanctions Act
20 September, 2026
The law expands US authority to impose primary and secondary sanctions on Russia and entities supporting Moscow, while extending sanctions-related powers against Iran.

Iran’s NISOC accelerates flare gas recovery: Company Official
19 September, 2026
Production manager at Iran’s National Iranian South Oil Company (NISOC) announced that NISOC has reduced average flare gas burning from 27 million cubic....

Iran’s NDC wins IOOC onshore drilling tender
19 September, 2026
Iran’s North Drilling Company (NDC) has been selected as the winner of a two-stage public tender by the Iranian Offshore Oil Company (IOOC) to supply....

Iran’s PGPIC pushes productivity, development projects: Company CEO
19 September, 2026
Mohammad Shariatmadari, CEO of Persian Gulf Petrochemical Industries Company (PGPIC), said at the company’s annual general meeting that the group plans to boost productivity by making better use....

Iran’s Ahdaf gains majority on PGPIC board
19 September, 2026
Of the board’s five seats, three went to companies affiliated with the Ahdaf Investment Group and the Oil Industry Pension Funds (OIPF),....

Iraq formally asks OPEC for 6 Mln bpd quota
19 September, 2026
Iraq has formally asked OPEC to raise its production baseline to 6 million bpd, substantially above its current OPEC+ ceiling of 4.431 million bpd for September and October.

Iran’s NIOC signs 235 mcf/d gas gathering/processing deal: NIOC Official
19 September, 2026
Director of Investment and Business Development at the NIOC announced signing a contract to collect, process and sell 235 million cubic feet per day (mcf/d)....

JPMorgan says oil market outlook is unusually uncertain amid prolonged Iran war
19 September, 2026
JPMorgan said it has no clear baseline outlook for oil markets, citing uncertainty over how the U.S.-Israeli war with Iran will end and the lack of a clear exit strategy.

Iran’s NIOC targets 600,000 bpd production increase: official
19 September, 2026
Director of Engineering and Development at the National Iranian Oil Company (NIOC), announced the ratification and launch of five oil and gas field development contracts.....

Saudi Arabia cuts oil shipments to Europe
16 September, 2026
Saudi Arabia has cut some oil shipments to Europe after drone attacks damaged its key export pipeline to the Red Sea and forced the closure of the East-West pipeline....

Iran’s PGSC Refinery produces 51m liters/day of gasoline: TAPPICO CEO
15 September, 2026
Iran’s Tamin Petroleum & Petrochemical Investment Co. (TAPPICO) CEO Rouhollah Shahidi-Pour said Persian Gulf Star Condensate Refinery (PGSCR) is now producing 51 million liters/day of gasoline...

Iran’s TAPPICO seeks gas-saving project proposals
15 September, 2026
Iran’s Tamin Petroleum & Petrochemical Investment Co. (TAPPICO) has launched an investment call to identify and participate in natural gas optimization and saving projects

Bank Saderat to sell stakes in 4 Iranian oil refineries
15 September, 2026
Bank Saderat Iran plans to sell its non-controlling stakes in four major listed Iranian oil refineries..

Oil climbs as Saudi pipeline outage, fresh attacks heighten supply concerns
15 September, 2026
Oil prices rose on Tuesday as concerns over supply disruptions persisted after attacks on Saudi Arabian energy infrastructure left the kingdom's East-West pipeline offline...

Iran-Persian Gulf Hormuz talks postponed
14 September, 2026
A planned meeting between Iran and Persian Gulf states in Oman on managing the Strait of Hormuz has been postponed at the request of some regional countries.

Iran's Oil, Gas & Petrochemical Daily News

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