Iran's Oil, Gas & Petrochemical Daily News

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Iran’s 3- month economic growth to August remains negative at 5.9%: CBI research arm Iran’s 3- month economic growth to August remains negative at 5.9%: CBI research arm
18 October, 2026
The research arm of the Central Bank of Iran has estimated changes in the country’s gross domestic product (GDP) in the month of Mordad (July–August) in a report titled....
Iran’s OEOC commissions first ESP pump at Azadegan integrated project Iran’s OEOC commissions first ESP pump at Azadegan integrated project
18 October, 2026
Iran’s Oil Exploration Operations Company (OEOC) has successfully installed and commissioned the first electric submersible pump (ESP) ....
U.S. targets Iran-linked banks and oil networks U.S. targets Iran-linked banks and oil networks
18 October, 2026
The U.S. Treasury has sanctioned 10 Iran-linked entities and 16 individuals, targeting banks, oil intermediaries and foreign-exchange networks ...
Iran, Russia and Azerbaijan discuss regional gas cooperation Iran, Russia and Azerbaijan discuss regional gas cooperation
17 October, 2026
Officials from Iran, Russia, Azerbaijan, Armenia and Georgia discussed strengthening regional energy ties under the 3+3 framework....
Iran’s Pars PDH project reaches 29% completion Iran’s Pars PDH project reaches 29% completion
17 October, 2026
The PDH project at Iran's Pars Petrochemical Company has reached 29% completion, with equipment manufacturing, installation....
Iran’s DoE orders social impact review of Sohrab oilfield development Iran’s DoE orders social impact review of Sohrab oilfield development
17 October, 2026
Department of Environment of Iran (DoE) has ordered a review of the social impact studies for the Sohrab oilfield development project in Khuzestan Province,
Iran’s NISOC plans organizational restructuring Iran’s NISOC plans organizational restructuring
17 October, 2026
National Iranian South Oil Company (NISOC) plans to overhaul its organizational structure as it expects its workload to at least double over the next two to three years.
Iran leads Turkey’s gas supply in August Iran leads Turkey’s gas supply in August
17 October, 2026
The latest published monthly data available as of October 17, 2026, show that Iranian gas deliveries to Turkey continued at a high level in August....
TSE to sell 11.4% stake in Iran’s Isfahan Oil Refinery TSE to sell 11.4% stake in Iran’s Isfahan Oil Refinery
14 October, 2026
The Tehran Stock Exchange (TSE) has announced the sale of an 11.4% stake in Isfahan Oil Refining Company,...
Iranian heavy oil price at over $105 in September: OPEC data Iranian heavy oil price at over $105 in September: OPEC data
14 October, 2026
Iranian Heavy crude’s average spot price stood at $105.84 per barrel in September 2026,
Iran Government revises feedstock pricing for refineries and petrochemicals Iran Government revises feedstock pricing for refineries and petrochemicals
13 October, 2026
Iran’s First Vice President has announced a new government decree revising the pricing mechanism for feedstock supplied to refineries and petrochemical plants.
Iran’s ICOFC exceeds H1 production targets Iran’s ICOFC exceeds H1 production targets
13 October, 2026
In a report recently published by Iran’s Central Oil Fields Company (ICOF), the company exceeded its production targets in several operational regions during the first half of 1405 (March–September 2026).
Iran’s Yaran oilfield production rises 20% in H1 of current Iranian year: PEDEC Iran’s Yaran oilfield production rises 20% in H1 of current Iranian year: PEDEC
13 October, 2026
The project manager of the Yaran Oilfield Development Project at Iran’s Petroleum Engineering and Development Company (PEDEC), said: ....
OPEC cuts 2026 global oil demand growth forecast OPEC cuts 2026 global oil demand growth forecast
13 October, 2026
The Organization of the Petroleum Exporting Countries (OPEC) has lowered its forecast for global oil demand growth in 2026 to 400,000 barrels per day,
Iran’s POGC tenders pressure vessels replacement for South Pars platforms Iran’s POGC tenders pressure vessels replacement for South Pars platforms
12 October, 2026
Iran's Pars Oil & Gas Co. (POGC) has issued an EPC tender (design, fabrication and installation) to replace pressure vessels (FWKODs and Test Separators) ....
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