Iran's Oil, Gas & Petrochemical Daily News

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Iran's Isfahan Oil Refinery reports progress on key projects Iran's Isfahan Oil Refinery reports progress on key projects
29 July, 2026
At its annual general meeting, Isfahan Oil Refining Company reported progress on its strategic RHU and RFCC projects despite delays caused by the war...
Iran's Bu Ali Sina Petrochemical unveils two expansion projects Iran's Bu Ali Sina Petrochemical unveils two expansion projects
29 July, 2026
Managing Director of Bu Ali Sina Petrochemical Company, outlined the company's upcoming development plans at its annual general meeting, announcing two major investment projects.
Iran, Oman exchange proposals to manage Strait of Hormuz Iran, Oman exchange proposals to manage Strait of Hormuz
29 July, 2026
Iran and Oman have exchanged competing proposals on the future management of the Strait of Hormuz, as negotiations continue over reopening one of the world's most ...
Turkey, Iraq pursue new energy partnership Turkey, Iraq pursue new energy partnership
29 July, 2026
Turkey and Iraq are seeking to conclude a comprehensive energy cooperation agreement after Turkish President Recep Tayyip Erdoğan met Iraqi Prime Minister Ali al-Zaidi in Ankara.
OPEC+ likely to pause output hikes after September OPEC+ likely to pause output hikes after September
29 July, 2026
OPEC+ is expected to pause further oil production increases for three months from October after completing the planned rollback of voluntary output cuts in September,
Capital Increase at Iran's PGPIC Capital Increase at Iran's PGPIC
27 July, 2026
The shareholders of Persian Gulf Petrochemical Industries Company (PGPIC) approved a 25% capital increase, raising the company’s capital from 1,000 trillion rials to 1,250 trillion rials.
Iran presses Iraq over $11 Bln gas debt Iran presses Iraq over $11 Bln gas debt
27 July, 2026
During Iraqi Prime Minister Ali al-Zaidi’s recent visit to Tehran, Iranian officials reportedly urged Baghdad to repay around $11 billion in outstanding debt from years of Iranian natural gas imports.
PEDEC issues tender for O&M services for Goureh–Jask pipeline PEDEC issues tender for O&M services for Goureh–Jask pipeline
27 July, 2026
Iran’s Petroleum Engineering & Development Co. (PEDEC) has announced a tender for provision of operation, maintenance, and repair (O&M) services....
Iraq, Syria to sign pipeline deal to link oil production sites to global markets Iraq, Syria to sign pipeline deal to link oil production sites to global markets
27 July, 2026
Iraq will sign an agreement with Syria on the construction of pipelines linking oil production sites to global export markets via the Mediterranean, according to a statement.
Iran targets gas imbalance reduction through efficiency measures: NIGC MD Iran targets gas imbalance reduction through efficiency measures: NIGC MD
26 July, 2026
Managing Director of National Iranian Gas Company (NIGC) said that 76% of the country’s gas resources are located offshore, while gas production has so far been....
IRENEX international market deals in 4th month of current Iranian year IRENEX international market deals in 4th month of current Iranian year
26 July, 2026
During the fourth month of current Iranian (22 June to 22 July), approximately 1,474,700 tons of different type of products were traded ....
PC tender out for Iran’s Dalan wellhead facilities PC tender out for Iran’s Dalan wellhead facilities
26 July, 2026
Iranian Central Oil Fields Co. (ICOFC) intends to hold a procurement and construction (PC) tender for the project to construct wellhead facilities
Iran’s Kangan Polymer (PDH/PP) project set for 2028 launch: Saba Energy Iran’s Kangan Polymer (PDH/PP) project set for 2028 launch: Saba Energy
26 July, 2026
Iranian Saba Energy Holding has finalized preparations for financing the $1.2 billion Kangan Polymer Development Project (PDH/PP)
Iran’s Petropars launches South Pars Pressure-Boosting project Iran’s Petropars launches South Pars Pressure-Boosting project
26 July, 2026
Iran’s Petropars has unveiled a two-phase pressure-boosting project for the bordering phases of the South Pars gas field aimed at maximizing domestic capabilities,...
Iran achieves 60% of annual oil revenue target amid war Iran achieves 60% of annual oil revenue target amid war
26 July, 2026
Despite the challenges posed by war, sanctions, and trade restrictions, Iran's Ministry of Oil maintained crude oil production and exports, achieving approximately 60% of the annual oil revenue target....
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