Iran's Oil, Gas & Petrochemical Daily News

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Aramco plans standalone gas division Aramco plans standalone gas division
28 September, 2026
Saudi Aramco has hired Evercore Inc., a global independent investment banking firm, to advise on restructuring its gas operations into a standalone division,
Iran’s EORC issues tender for construction of 50 MW solar power plant Iran’s EORC issues tender for construction of 50 MW solar power plant
27 September, 2026
Iran’s Isfahan Oil Refining Company (EORC), has issued a tender for construction of 50 MW of a 300 MW solar power plant,....
Global gas market faces prolonged tightness through 2027: IGU Global gas market faces prolonged tightness through 2027: IGU
27 September, 2026
Global natural gas markets could remain tight through at least next summer, according to the International Gas Union (IGU), potentially causing prolonged .....
Azerbaijan's Caspian Absheron full-field development gets FID Azerbaijan's Caspian Absheron full-field development gets FID
27 September, 2026
TotalEnergies, SOCAR and XRG have taken the Final Investment Decision (FID) for the full-field development of Azerbaijan’s Absheron gas and condensate field in the Caspian Sea.
Iran’s crude oil OSPs for October 2026 Iran’s crude oil OSPs for October 2026
26 September, 2026
According to the International Affairs of National Iranian Oil Co. (NIOC) the official crude oil selling prices (OSPs) of Iranian crude oil for October 2026 are as follows:
Iran’s South Pars Phase 11’s 12th well nears production: POGC Iran’s South Pars Phase 11’s 12th well nears production: POGC
26 September, 2026
project manager of the South Pars Phase 11 development project at Pars Oil and Gas Company (POGC), said the 12th well of South Pars Phase 11 (SPD11B) ....
Ghalibaf Appoints Karbasian as senior adviser on Iran-China affairs Ghalibaf Appoints Karbasian as senior adviser on Iran-China affairs
26 September, 2026
Former Economy Minister and former National Iranian Oil Company (NIOC) CEO Masoud Karbasian has been appointed by Parliament Speaker Mohammad Bagher Ghalibaf...
Iran’s Taban Farda expands €3.2bn investment portfolio Iran’s Taban Farda expands €3.2bn investment portfolio
23 September, 2026
the Group has 13 active projects with total investment of approximately €3.2 billion. Kangan Petro-Refinery is the main driver of future profitability,...
Iran, US hold talks on UN General Assembly sideline Iran, US hold talks on UN General Assembly sideline
23 September, 2026
Iranian and US officials held three hours of talks on the sidelines of the UN General Assembly, with US special envoy Steve Witkoff meeting Iranian Foreign Minister Abbas Araghchi
Iran's BIPC issues tender for ‘Air Intake System’ Iran's BIPC issues tender for ‘Air Intake System’
23 September, 2026
Iran’s Bandar Imam Petrochemical Company (BIPC) has issued a tender for the redesign, procurement, execution,...
Goldman Sachs’ three- and six-month oil price forecasts Goldman Sachs’ three- and six-month oil price forecasts
23 September, 2026
Goldman Sachs has raised its oil-price outlook as disruptions around the Strait of Hormuz are expected to persist into 2027.
Iran’s Hengam Petrochemical addresses urea unit issues Iran’s Hengam Petrochemical addresses urea unit issues
22 September, 2026
Iran’s Hengam Petrochemical (urea/ammonia) has responded to reports about production problems, equipment failures and recruitment practices at its urea unit....
Iran's IOPTC issues tender for operation and maintenance of Bandar Abbas - Rafsanjan Pipeline Iran's IOPTC issues tender for operation and maintenance of Bandar Abbas - Rafsanjan Pipeline
22 September, 2026
Iranian Oil Pipelines & Telecommunication Co. (IOPTC)has issued a tender for operation, maintenance and repair services for the 26-Inch Bandar Abbas–Rafsanjan Pipeline...
Iran’s Pazan gas field development underway: Project Official Iran’s Pazan gas field development underway: Project Official
22 September, 2026
Iran has entered the execution phase of the Pazan gas field development, with conceptual and basic design studies nearly complete.
Hormuz crisis may delay Qatar LNG expansion projects: QatarEnergy CEO Hormuz crisis may delay Qatar LNG expansion projects: QatarEnergy CEO
22 September, 2026
QatarEnergy expects the first LNG train of the North Field East (NFE) expansion to start production in the first half of 2027,
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