Iran's Oil, Gas & Petrochemical Daily News

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Oil climbs as Saudi pipeline outage, fresh attacks heighten supply concerns 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 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.
Iranian heavy oil price at over $81 in August: OPEC data Iranian heavy oil price at over $81 in August: OPEC data
13 September, 2026
Iranian Heavy crude’s average spot price stood at $81.25 per barrel in August 2026, down about $0.82per barrel from July 2026,
Iraq sign 25-year deal with KEPPT to develop Ajeel oil and gas field Iraq sign 25-year deal with KEPPT to develop Ajeel oil and gas field
13 September, 2026
Iraqi Prime Minister Ali Faleh Al-Zaidi oversaw the official signing ceremony on Saturday, September 12, 2026, for a comprehensive 25-year contract to develop and operate the Ajeel oil field, ...
Iran revives 700 oil wells through technology: Petropark Report Iran revives 700 oil wells through technology: Petropark Report
12 September, 2026
Iran’s Oil Industry Innovation and Technology Park (Petropark) has reported significant progress during the first two years of the 14th government (September 2024), ....
Bank Mellat to launches Iran’s first FX investment fund Bank Mellat to launches Iran’s first FX investment fund
12 September, 2026
Iranian Bank Mellat has received approval from the Central Bank of Iran and the Securities and Exchange Organization to launch the country’s first foreign-currency investment fund,
Iran’s LORC calls for contractors’ identification and evaluation Iran’s LORC calls for contractors’ identification and evaluation
12 September, 2026
Iranian Lavan Oil Refining Company (LORC) intends to identify and update its list of qualified execution contractors for ....
Iranian TAPPICO seeks Turkmen gas imports for Khorasan Petchem Iranian TAPPICO seeks Turkmen gas imports for Khorasan Petchem
12 September, 2026
Executives of Iranian Tamin Petroleum & Petrochemical Investment Co. (TAPPICO) and Tamin Energy Development Management Company (TEDCO) met with....
2026 oil supply gap will widen on delayed return of normal Persian Gulf flows: IEA 2026 oil supply gap will widen on delayed return of normal Persian Gulf flows: IEA
12 September, 2026
Global oil supply and demand will fall further than previously thought this year, the International Energy Agency said on Friday, as a lack of progress in ending the Iran war....
Iran’s AOGC issues tender for upstream consultancy services Iran’s AOGC issues tender for upstream consultancy services
12 September, 2026
Iranian Arvandan Oil and Gas Company (AOGC) has issued a tender for procurement of upstream consultancy services for the....
Iran’s Reshadat oilfield development moves forward: IOOC CEO Iran’s Reshadat oilfield development moves forward: IOOC CEO
09 September, 2026
Iran’s Offshore Oil Company CEO Ahmadreza Rasti discussed the latest status of the Reshadat oilfield development project, saying the 6,200-ton P4 processing platform...
Iraq approves two refining projects to add 140,000 bpd Iraq approves two refining projects to add 140,000 bpd
09 September, 2026
Iraq has approved projects to expand the refineries in Diwaniyah and Maysan governorates by around 140,000 barrels per day (bpd)....
Iran’s NIOC unveils offshore flare-gas collection plan Iran’s NIOC unveils offshore flare-gas collection plan
08 September, 2026
The National Iranian Oil Company (NIOC) has designed a three-step program to collect offshore flare gas with participation from private and non-government investors,...
Iran's ICOFC director outlines gas production and gathering plans Iran's ICOFC director outlines gas production and gathering plans
08 September, 2026
Iranian Central Oil Fields Company (ICOFC) plans to increase gas production capacity at the Khartang and Homa fields, with Khartang’s output targeted to rise....
Afghanistan inks oil, gas deal with Saudi firm for Kushk-Tirpul basin Afghanistan inks oil, gas deal with Saudi firm for Kushk-Tirpul basin
08 September, 2026
Afghanistan has signed a contract with Saudi Arabia's Delta Energy International for the exploration and extraction of the Kushk-Tirpul oil block,...
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