Iran's Oil, Gas & Petrochemical Daily News

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Iran’s crude oil OSPs for October 2026 Iran’s crude oil OSPs for October 2026
26 September, 2026
According to the International Affairs of National Iranian Oil Co. (NIOC) the official crude oil selling prices (OSPs) of Iranian crude oil for October 2026 are as follows:
Iran’s South Pars Phase 11’s 12th well nears production: POGC Iran’s South Pars Phase 11’s 12th well nears production: POGC
26 September, 2026
project manager of the South Pars Phase 11 development project at Pars Oil and Gas Company (POGC), said the 12th well of South Pars Phase 11 (SPD11B) ....
Ghalibaf Appoints Karbasian as senior adviser on Iran-China affairs Ghalibaf Appoints Karbasian as senior adviser on Iran-China affairs
26 September, 2026
Former Economy Minister and former National Iranian Oil Company (NIOC) CEO Masoud Karbasian has been appointed by Parliament Speaker Mohammad Bagher Ghalibaf...
Iran’s Taban Farda expands €3.2bn investment portfolio Iran’s Taban Farda expands €3.2bn investment portfolio
23 September, 2026
the Group has 13 active projects with total investment of approximately €3.2 billion. Kangan Petro-Refinery is the main driver of future profitability,...
Iran, US hold talks on UN General Assembly sideline Iran, US hold talks on UN General Assembly sideline
23 September, 2026
Iranian and US officials held three hours of talks on the sidelines of the UN General Assembly, with US special envoy Steve Witkoff meeting Iranian Foreign Minister Abbas Araghchi
Iran's BIPC issues tender for ‘Air Intake System’ Iran's BIPC issues tender for ‘Air Intake System’
23 September, 2026
Iran’s Bandar Imam Petrochemical Company (BIPC) has issued a tender for the redesign, procurement, execution,...
Goldman Sachs’ three- and six-month oil price forecasts Goldman Sachs’ three- and six-month oil price forecasts
23 September, 2026
Goldman Sachs has raised its oil-price outlook as disruptions around the Strait of Hormuz are expected to persist into 2027.
Iran’s Hengam Petrochemical addresses urea unit issues Iran’s Hengam Petrochemical addresses urea unit issues
22 September, 2026
Iran’s Hengam Petrochemical (urea/ammonia) has responded to reports about production problems, equipment failures and recruitment practices at its urea unit....
Iran's IOPTC issues tender for operation and maintenance of Bandar Abbas - Rafsanjan Pipeline Iran's IOPTC issues tender for operation and maintenance of Bandar Abbas - Rafsanjan Pipeline
22 September, 2026
Iranian Oil Pipelines & Telecommunication Co. (IOPTC)has issued a tender for operation, maintenance and repair services for the 26-Inch Bandar Abbas–Rafsanjan Pipeline...
Iran’s Pazan gas field development underway: Project Official Iran’s Pazan gas field development underway: Project Official
22 September, 2026
Iran has entered the execution phase of the Pazan gas field development, with conceptual and basic design studies nearly complete.
Hormuz crisis may delay Qatar LNG expansion projects: QatarEnergy CEO Hormuz crisis may delay Qatar LNG expansion projects: QatarEnergy CEO
22 September, 2026
QatarEnergy expects the first LNG train of the North Field East (NFE) expansion to start production in the first half of 2027,
Iran's Q1GDP growth report: SCI Iran's Q1GDP growth report: SCI
21 September, 2026
According to a report released by the Statistical Centre of Iran (SCI), Iran’s gross domestic product (GDP) registered .....
IPS contract signed for 55 wells of Iran’s ‘Azadegan Integrated Project’ IPS contract signed for 55 wells of Iran’s ‘Azadegan Integrated Project’
21 September, 2026
Iran’s Dasht-e Azadegan Arvand Oil and Gas Development Company has signed a 24-month Integrated Production Services (IPS) contract with...
Iran’s POGC brings third new offshore rig Iran’s POGC brings third new offshore rig
21 September, 2026
Iran’s Pars Oil and Gas Company (POGC) has brought a third new offshore drilling rig into Iranian territorial waters, increasing the number of rigs operating under the company’s projects ....
Approval granted for Iran’s non-governmental oil industry guarantee fund Approval granted for Iran’s non-governmental oil industry guarantee fund
20 September, 2026
National Iranian Oil Company (NIOC) is moving forward with the establishment of a $300 million non-governmental Oil Industry Guarantee Fund after the National Financing Council granted preliminary approval.
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