Iran's Oil, Gas & Petrochemical Daily News

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US imposes new sanctions on facilitators of Iran’s oil exports US imposes new sanctions on facilitators of Iran’s oil exports
10 July, 2025
The United States has announced new sanctions targeting non-Iranian entities that it claims have helped Iran dodge Washington's sanctions on its oil exports.
Iraq retenders two refineries worth $5bn Iraq retenders two refineries worth $5bn
09 July, 2025
Iraq has retendered contracts to develop two refineries that have a total estimated value of $5bn.
Iraq diverts gas from industry amid Iran gas cuts Iraq diverts gas from industry amid Iran gas cuts
09 July, 2025
Iraq’s cabinet decided on 1 July to halt domestic gas supplies to industrial users until the end of August, diverting all gas output to power plants ....
Iraq increases oil output at three fields Iraq increases oil output at three fields
09 July, 2025
The state-owned Dhi Qar Oil Company (DQOC) announced on Friday the implementation of an integrated production plan to develop three oil fields in the southern Iraqi province.
Iraq starts project to expand al-Diwaniyah Refinery Iraq starts project to expand al-Diwaniyah Refinery
09 July, 2025
Iraq's Ministry of Oil has started work to expand the Diwaniya Refinery by adding a new 70,000-barrel-per-day (bpd) processing unit,
Iran’s proven oil reserves at 208.6 in 2024: OPEC Statistics Iran’s proven oil reserves at 208.6 in 2024: OPEC Statistics
08 July, 2025
According to OPEC's Annual Statistical Bulletin 2025, which has been released recently,.... Iran with 208.6 Bln bbls.
Third conference on ‘Value Chain of Iran Petchem Industry’ postponed to late August 2025 Third conference on ‘Value Chain of Iran Petchem Industry’ postponed to late August 2025
08 July, 2025
The third conference on the "Value Chain of Iran's Petrochemical Industry", focusing on emerging technologies and investment, has been deferred....
Iran’s NIDC busy buying new drilling rigs: Company MD Iran’s NIDC busy buying new drilling rigs: Company MD
08 July, 2025
the Managing Director of the National Iranian Drilling Company (NIDC) said: “A plan to purchase 15 onshore drilling rigs....
Iran’s EORC issues tender for MC of RFCC project Iran’s EORC issues tender for MC of RFCC project
08 July, 2025
Iran’s Isfahan Oil Refining Company (EORC), has issued a tender for the MC of the RFCC project of the Refinery,...
Four firms in race for Qatar’s $5Bln NFPS project Four firms in race for Qatar’s $5Bln NFPS project
08 July, 2025
At least four contractors or consortia are vying for a major contract worth upto $5 billion for the next expansion phase of North Field Production Sustainability (NFPS) project,
Iran's crude oil price in June 2025 Iran's crude oil price in June 2025
07 July, 2025
According to the Dept. of International Affairs at National Iranian Oil Co. (NIOC), Iran sold its different types of crude oil ....
Iran’s KEPCO issues tender for repair of Amirkabir semi-submersible platform Iran’s KEPCO issues tender for repair of Amirkabir semi-submersible platform
07 July, 2025
Iran’s Khazar Exploration and Production Company (KEPCO) has issued  a tender for overhaul, construction, and supply of equipment ....
Iran’s POGC issues tender for repair and well services Iran’s POGC issues tender for repair and well services
07 July, 2025
Iranian Offshore Oil Co. (IOOC) has issued a tender to carry out repair and maintenance of wellhead and downhole equipment ....
OPEC’s ‘World Oil Outlook 2025’ to be launched on 10 July 2025 OPEC’s ‘World Oil Outlook 2025’ to be launched on 10 July 2025
07 July, 2025
The Organization of the Petroleum Exporting Countries (OPEC) will launch the 19th edition of its World Oil Outlook (WOO) during the 9th OPEC International Seminar in Vienna, Austria.
OPEC+ speeds up oil output hikes OPEC+ speeds up oil output hikes
07 July, 2025
The eight OPEC+ countries, which previously announced additional voluntary adjustments in April and November 2023, ....
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