Iran's Oil, Gas & Petrochemical News Headlines

S. Korea's Crude Imports from Middle East Plunge 37%
25 May, 2026
South Korea's crude oil imports from the Middle East plunged more than 37% in April from a year earlier amid fallout from regional conflict,...

Iran NIOC issues tender for surface geochemical operations
25 May, 2026
Directorate of Exploration at National Iranian Oil Co. (NIOC) has issued a tender for project to carry out execution of surface geochemical....

Iran's AOGC issues tender for Bangestan group well services
25 May, 2026
Iranian Arvandan Oil and Gas Company (AOGC) has issued a tender for supply of downhole completion strings and related equipment,...

Iran’s methanol industry output falls amid war pressure
24 May, 2026
Iran’s methanol industry experienced a sharp production decline in the first month of the Iranian year 1405 (March–April 2026) ...

Iran polymer industry output falls amid war pressure
23 May, 2026
Iran’s olefin and polymer industry experienced a severe production decline in Farvardin 1405 (March–April 2026),....

Iran’s PG. Bidboland issues tender unloading/loading terminal
23 May, 2026
Iran’s Persian Gulf Bid Boland Gas Refining Co. (pgbidbonad) has issued a tender for the project to construct the unloading/loading terminal ....

Some Iran refineries and petchems report production decline in last year
23 May, 2026
In the last Iranian year (ending March 20, 2026), Iran’s oil refining industry faced operational challenges, most visibly reflected in declining production .....

New timelines for development of Iran’s renewable power plants
23 May, 2026
Iran's Renewable Energy and Energy Efficiency Organization (SATBA) announced that the country is expected to achieve the 5,000 MW milestone in the coming days....

OPEC+ expected to up July oil output target despite Hormuz disruption: Sources
23 May, 2026
Seven ‌leading OPEC+ oil-producing countries will likely agree to a modest hike to July output when they meet on June 7,

Iran war opens ‘golden window’ for China’s renminbi: FT.com
23 May, 2026
China’s drive to widen global use of the renminbi has been boosted by the Iran war, with adoption of Beijing’s cross-border payment...

64km of TAPI pipeline laid in Afghanistan: Official
23 May, 2026
Local officials in western Herat say that practical work on the TAPI (Turkmenistan–Afghanistan–Pakistan–India) gas pipeline project ...

Iran's crude oil price in March 2026
23 May, 2026
According to the Dept. of International Affairs at National Iranian Oil Co. (NIOC), Iran sold its different types of crude oil...

US imposes fresh sanctions on Iranian exchange house, shadow fleet vessels
20 May, 2026
The Trump administration on Tuesday imposed sanctions on an Iranian foreign currency exchange house and ‌what it said were front companies overseeing .....

ConocoPhillips sees Qatar LNG delays in months, not years
20 May, 2026
Satellite intelligence firm Kayrros has detected thermal signals at Ras Laffan Industrial City consistent with early-stage recommissioning

World underestimating Iran war impact on LNG, says Woodside
20 May, 2026
The world is underestimating how long the impact of the Iran war will last on global supply of liquefied natural gas (LNG), according to Australia’s top exporter of the fuel.

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