Iran's Oil, Gas & Petrochemical Daily News

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NISOC issues consultancy tender for oil and gas facilities NISOC issues consultancy tender for oil and gas facilities
09 June, 2026
National Iranian South Oil Co. (NISOC) has issued a consultancy services tender for carrying out engineering studies of the facilities required....
Iran’s JPPC invites bids for MC of propylene expansion Iran’s JPPC invites bids for MC of propylene expansion
09 June, 2026
Iran’s Jam Polypropylene Co. (JPPC) has announced a tender for engineering consultancy, design review, and design supervision (MC) ....
Iran’s Anahita Petro-Refinery moves closer to revival: Company CEO Iran’s Anahita Petro-Refinery moves closer to revival: Company CEO
09 June, 2026
CEO of Iran’s Anahita Oil Refining Company, announced that a strategic meeting between the Governor of Kermanshah Province and the head of Iran’s National Development Fund (NDF)...
Iran's Golestan Petrochemical approves three-phase expansion plan Iran's Golestan Petrochemical approves three-phase expansion plan
09 June, 2026
Iran’s Golestan Petrochemical Company has approved a three-phase development plan aimed at expanding the value chain of its urea and ammonia products.
Chinese refinery projects delayed by Hormuz disruptions Chinese refinery projects delayed by Hormuz disruptions
09 June, 2026
Chinese refiners have delayed two major refining projects with a combined capacity of 500,000 barrels per day (bpd) due to supply uncertainties...
Iranian oil discounts widen as Chinese teapots buying slows Iranian oil discounts widen as Chinese teapots buying slows
09 June, 2026
The price of Iranian Light for delivery in July into China has been cut to a discount of $1 per barrel to the ICE Brent benchmark, ....
Iran’s Karoon Petrochemical facilities hit in attack Iran’s Karoon Petrochemical facilities hit in attack
08 June, 2026
According to Iran’s Oil Ministry, part of the facilities of Karoon Petrochemical Company was struck during an attack on the Mahshahr Special Economic Zone.
Iran’s Kazerun Petrochemical Project poised for revival Iran’s Kazerun Petrochemical Project poised for revival
08 June, 2026
A meeting attended by the CEO of the Persian Gulf Petrochemical Industries Company (PGPIC), the CEO of PETROL Group...
7 OPEC+ countries to raise oil output by 188,000 bpd in July 7 OPEC+ countries to raise oil output by 188,000 bpd in July
08 June, 2026
Seven OPEC+ countries have agreed to increase their combined crude oil output targets by 188,000 barrels per day (bpd) in July.
Petropars accelerates Balal Gas Field development: Company CEO Petropars accelerates Balal Gas Field development: Company CEO
07 June, 2026
Iran’s Petropars Group has reported significant progress in the development of the Balal Gas Field.
Iran’s KEPCO issues tender for SWRO desalination units on Amir Kabir semi-sub Iran’s KEPCO issues tender for SWRO desalination units on Amir Kabir semi-sub
07 June, 2026
Iran’s Khazar Exploration and Production Company (KEPCO) has issued a tender for for the design, fabrication, installation,....
Iran’s Sadaf Petrochemical set for startup in 2026: Company Official Iran’s Sadaf Petrochemical set for startup in 2026: Company Official
07 June, 2026
At the annual general meeting of Iran’s Persian Gulf Sadaf Petrochemical Company (PGSPC), officials announced that the plant was fully ready to receive feedstock and begin production ....
IMF: Oil prices are above baseline as Iran conflict tightens global supply IMF: Oil prices are above baseline as Iran conflict tightens global supply
07 June, 2026
The International Monetary Fund (IMF) has flagged a significant risk to global oil markets from the ongoing conflict with Iran,
US treasury says it issued sanctions on network ‘smuggling’ Iranian LPG US treasury says it issued sanctions on network ‘smuggling’ Iranian LPG
06 June, 2026
The US treasury on Friday announced new sanctions on a network of individuals, entities and tankers accused of “smuggling” Iranian-....
Oil market faces 2 Bln bbls shortfall: Expert Oil market faces 2 Bln bbls shortfall: Expert
06 June, 2026
Senior enrgy analyst Fereydoun Barkeshli arSenior energues that the crisis caused by the closure of the Strait of Hormuz is less about an immediate oil shortage...
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