Iran's Oil, Gas & Petrochemical Daily News

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Iran’ Arghavan Gostar Ilam to issue lease bonds for PP project Iran’ Arghavan Gostar Ilam to issue lease bonds for PP project
23 May, 2025
Iranian Arghavan Gostar Ilam Petrochemical Company succeeded in receiving in-principle approval to issue lease bonds ...
Turkey announces major shale oil reserve discovery Turkey announces major shale oil reserve discovery
23 May, 2025
U.S. oil producer Continental Resources estimates a shale oil reserve of 6.1 billion barrels in Turkey’s southeastern Diyarbakır basin, ...
MoU for financing of VAM project of Iran’s Fanavaran signed with Tejarat Bank. MoU for financing of VAM project of Iran’s Fanavaran signed with Tejarat Bank.
21 May, 2025
A memorandum of understanding (MoU) for financing the Vinyl Acetate Monomer (VAM) project of Fanavaran Petrochemical Company...
Iran has only 5% bunkering share in Persian Gulf and Sea of Oman: IBIA Official Iran has only 5% bunkering share in Persian Gulf and Sea of Oman: IBIA Official
21 May, 2025
Secretary of the Iranian Bunkering Industry Association (IBIA) stated: “The biggest challenge facing the bunkering industry in Iran has been and remains the imposition of sanctions against the country.
Iran Exchange Center: €150 Mln murabaha bonds to be issued for BIPC Iran Exchange Center: €150 Mln murabaha bonds to be issued for BIPC
21 May, 2025
"In the coming days, foreign currency Murabaha bonds worth 150 million euros for Bandar Imam Petrochemical Company will be offered by Tejarat Bank."
Qatar plans major expansion of global LNG trading by 2030 Qatar plans major expansion of global LNG trading by 2030
21 May, 2025
Qatar plans to expand its LNG trading operations to handle up to 40 million tons of non-Qatari gas annually by 2030, alongside a major boost in domestic production.
Iran’s IGEDC issues EPC tender for gas pipeline Iran’s IGEDC issues EPC tender for gas pipeline
21 May, 2025
Iranian Gas Engineering and Development Co. (IGEDC) has issued a tender for construction project of ....
Head of Iran’s NDF: $103 Bln Given to Government Entities / Fund’s receivables are very high Head of Iran’s NDF: $103 Bln Given to Government Entities / Fund’s receivables are very high
20 May, 2025
head of Iran’s National Development Fund (NDF), stated at the conference "Development Governance; National Development Fund and Addressing Imbalances" that a total of ....
Iran’s Sabalan Petchem eying to build small ASU unit: Company MD Iran’s Sabalan Petchem eying to build small ASU unit: Company MD
20 May, 2025
Managing Director of Sabalan Petrochemical Company, explained the reasons behind the company's ability to produce at full capacity: ....
POGC MD: Second phase of Iran South Pars infill well drilling defined POGC MD: Second phase of Iran South Pars infill well drilling defined
20 May, 2025
Managing Director of Pars Oil and Gas Company (POGC), spoke about the second phase of infill well drilling in the South Pars field and stated....
Turkmenistan eyes increased transit of gas via Iran Turkmenistan eyes increased transit of gas via Iran
20 May, 2025
Turkmenistan seeks to increase the volume of natural gas it transits to other countries via Iran amid efforts ....
Will Iran’s oil industry regain its role in development? (Analysis) Will Iran’s oil industry regain its role in development? (Analysis)
19 May, 2025
The National Iranian Oil Company (NIOC) Investment Directorate has announced that the necessary conditions for attracting foreign investment in the country’s oil industry...
Goldman remains cautious on oil prices as higher Iranian supply prospects weigh Goldman remains cautious on oil prices as higher Iranian supply prospects weigh
19 May, 2025
Goldman Sachs said on Sunday it is retaining a cautious outlook on oil prices, as pressure from likely elevated Iranian supply ....
Gas production from South Pars 13th gas refinery will reach 47 mcm/d: SPGC Gas production from South Pars 13th gas refinery will reach 47 mcm/d: SPGC
19 May, 2025
The operation of connecting the 13th South Pars Refinery to the inter-refinery lines is one of the most important measures being implemented ....
Adnoc, ExxonMobil and Inpex greenlight expansion work of Upper Zakum Adnoc, ExxonMobil and Inpex greenlight expansion work of Upper Zakum
19 May, 2025
Abu Dhabi National Oil Company (Adnoc), US giant ExxonMobil and Japan Oil Development Company (JODCO), a subsidiary of Inpex,...
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