Iran's Oil, Gas & Petrochemical News Headlines

Iran’s PEDEC reissues tender for MC of Omidiyeh concrete oil storage tanks
27 October, 2026
Iran’s Petroleum Engineering and Development Company (PEDEC) has reissued a tender for management contracting (MC) services, including ...

Oil production at three Iranian fields exceeds Russian contractor’s output target: PEDEC MD
26 October, 2026
Managing Director of Iran’s Petroleum Engineering and Development Company (PEDEC) announced that daily oil production from the East Paydar, Cheshmeh Khosh and Dalpari fields had reached ....

Iran-Russia gas deal nears finalization: Caretaker Oil Minister
26 October, 2026
Iran and Russia have nearly finalized a broad gas exchange agreement, with technical work underway to implement the deal, caretaker Oil Minister Hamid Bovard said in Moscow on Sunday.

Iran’s NIDC drilling performance in first 7 months of current Iranian year
26 October, 2026
Managing Director of National Iranian Drilling Co. (NIDC) announced the drilling and completion of 72 oil and gas wells in both onshore and offshore regions of the country in the first 7 months ...

Iran’s IOEC wins Genaveh–Kharg oil pipeline contract
25 October, 2026
Iranian Offshore Engineering and Construction Company (IOEC) has won a tender worth approximately €120 million to build a 48-inch crude oil pipeline ....

Iran’s Soroush GTX project at over 50% headway
25 October, 2026
The project, the first petrochemical development in Hormozgan Province's Parsian Special Economic Zone, is more than 50% complete...

Iran’s acting Oil Minister travels to Moscow for GECF summit
25 October, 2026
Iran’s Acting Oil Minister Hamid Bovard has traveled to Moscow to accompany President Masoud Pezeshkian at the 8th Gas Exporting Countries Forum (GECF)

Iran’s President to attend GECF summit in Moscow
24 October, 2026
ranian President Masoud Pezeshkian will travel to Moscow on October 27 to attend the 8th summit of the Gas Exporting Countries Forum (GECF),

Iran's Alay Mehestan Petrochemical receives key PDH towers
24 October, 2026
Two key towers for the PDH unit at Iran’s Alay Mehestan Petrochemical Project have arrived at the site, supporting efforts to accelerate project completion.

Iran’s new refinery pricing rules raise profitability concerns
24 October, 2026
Iran’s new refinery feedstock pricing directive has raised concerns over the profitability of Iran’s Bourse listed refineries, as the Oil Ministry can determine ....

PEDEC re-issues tender for O&M services for Iran's Goureh–Jask pipeline
24 October, 2026
Iran’s Petroleum Engineering & Development Co. (PEDEC) has re-issued the tender for provision of operation, maintenance, and repair (O&M) services for the Goureh–Jask...

Iran’s Ardabil Petrochemical project to be revived: Ardabil Governor
21 October, 2026
Ardabil Province Governor Masoud Emami announced that arrangements had been made for a joint investment of 80 trillion rials by five major national holding companies in a petrochemical project in the province.....

PC tender out for Iran’s Sarkhoun wellhead facilities
21 October, 2026
Iranian Central Oil Fields Co. (ICOFC) intends to hold a procurement and construction (PC) tender for the project to construct wellhead facilities....

PC tender out for Iran’s South Gashoy wellhead facilities
21 October, 2026
Iranian Central Oil Fields Co. (ICOFC) intends to hold a procurement and construction (PC) tender for the project to construct wellhead facilities....

Iran KEPCO plans exploratory well in Caspian Sea region in 2027
20 October, 2026
Iran’s Khazar Exploration and Production Company (KEPCO) plans to drill an exploratory well in the western Golestan Province and Caspian Sea Block 13 in 2027....

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