Iran's Oil, Gas & Petrochemical Daily News

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Latest update on Iran IPO oil & gas privatization list Latest update on Iran IPO oil & gas privatization list
07 June, 2025
In the latest meeting of the privatization board of Iranian Privatization Organization (IPO), approval was granted for the full (100%)...
U.S. sanctions hit Iranian oil network in Asia U.S. sanctions hit Iranian oil network in Asia
07 June, 2025
The U.S. Treasury Department has unleashed a sweeping wave of sanctions targeting a network of companies and individuals accused of facilitating Iranian ....
$5 Bln investment by Iran’s petchem companies to eliminate gas flaring: NPC Official $5 Bln investment by Iran’s petchem companies to eliminate gas flaring: NPC Official
07 June, 2025
HSE Director of Iran’s National Petrochemical Company (NPC), stated: “Iran’s petrochemical industry has invested about $5 billion in collecting flare gases from upstream operations ....
Iran's NISOC issues separate tenders to sell flared gas Iran's NISOC issues separate tenders to sell flared gas
07 June, 2025
National Iranian South Oil Co. (NISOC) has issued two separate tenders to sell a sum of over 40 mcf/d of flared gas of the production units....
Russia is set to invest $8 Bln in Iran's gas projects: Envoy Russia is set to invest $8 Bln in Iran's gas projects: Envoy
05 June, 2025
Iran’s Ambassador to Russia, stated that according to an agreement between the two countries, Russia is set to invest $8 billion in Iran's gas projects,
Decline in CNG consumption drives rise in Iran’s gasoline imports: CNG Association Official Decline in CNG consumption drives rise in Iran’s gasoline imports: CNG Association Official
05 June, 2025
Chairman of the CNG Association Board, announced that Iran’s daily CNG consumption has decreased from 24.5 mcm/d to about 15 to 16 mcm/d....
Energy security to drive more exploration: Experts Energy security to drive more exploration: Experts
05 June, 2025
Geopolitical uncertainty will drive more exploration as countries look to shore up energy security in the face of potential supply
Iran's oil exports to China shrink: Bloomberg Iran's oil exports to China shrink: Bloomberg
04 June, 2025
Iran’s Crude oil exports to China, shrank in May on tighter U.S. sanctions and refinery maintenance, Bloomberg has reported,
Azerbaijan’s SOCAR inks oil exploration deals with ExxonMobil and BP Azerbaijan’s SOCAR inks oil exploration deals with ExxonMobil and BP
04 June, 2025
The State Oil Company of Azerbaijan Republic (SOCAR) has reportedly signed new agreements with Exxon Mobil and bp for oil and gas exploration in the country.
Iran NISOC issues tenders to sell flared gas Iran NISOC issues tenders to sell flared gas
03 June, 2025
National Iranian South Oil Co. (NISOC) has issued 7 separate tenders to sell a sum of 222 mcf/d of flared gas...
Iran’s 2-month petchem export figures as reported by IRICA Iran’s 2-month petchem export figures as reported by IRICA
03 June, 2025
The figures released by the Islamic Republic of Iran Customs Administration (IRICA) indicate that in the first two months of current Iranian year...
Iran’s Apadana Petchem lease bonds sold out Iran’s Apadana Petchem lease bonds sold out
03 June, 2025
Iran’s Apadana petrochemical Company’s lease bonds worth 10,000 billion Rials has been sold,
Iran’s oil & condensate refining capacity hits 2.4 Mln bpd: NIORDC Official Iran’s oil & condensate refining capacity hits 2.4 Mln bpd: NIORDC Official
03 June, 2025
Deputy CEO of the National Iranian Oil Refining and Distribution Company (NIORDC), announced the increase in the country's refining capacity to 2.4 Mln bpd....
Iran crude oil price in May 2025 Iran crude oil price in May 2025
03 June, 2025
According to the Dept. of International Affairs at National Iranian Oil Co. (NIOC), Iran sold its different types of crude oil ....
Current performance and future plans of Iran Parsian Gas Refinery Current performance and future plans of Iran Parsian Gas Refinery
02 June, 2025
Managing Director of Iran’s Parsian Gas Refinery, announced that in 2024 (Iranian year 1403), the refinery succeeded in producing over 17 billion cubic meters (bcm) of gas ....
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