Current News & Reports

NIOC Official: Iran boosts private investment in oil sector NIOC Official: Iran boosts private investment in oil sector
23 August, 2026
The National Iranian Oil Company (NIOC) says private and non-government investment in the upstream oil sector is growing, with projects focused on increasing production,
Iran’s Fajr Petchem signs power plant rehabilitation contract with MAPNA Iran’s Fajr Petchem signs power plant rehabilitation contract with MAPNA
23 August, 2026
Iran's Persian Gulf Fajr Energy Co. (Fajr Petrochemical Co.) has signed a contract with MAPNA Group to rehabilitate and modernize its power plants..
South Pars Phase 14 refinery recovery reaches 70%: POGC South Pars Phase 14 refinery recovery reaches 70%: POGC
23 August, 2026
The capacity recovery process at Iran’s South Pars Phase 14 refinery has reached 70%, with full rehabilitation expected to be completed by the end of the year (late March 2027)...
Iran’s Sohrab oilfield development receives environmental permit Iran’s Sohrab oilfield development receives environmental permit
22 August, 2026
Iran’s Environmental Protection Organization has approved the environmental permit for the development and production of the Sohrab oilfield,
 Iran’s CNG Association Chief: CNG’s share of transport fuel mix falls to 15% Iran’s CNG Association Chief: CNG’s share of transport fuel mix falls to 15%
22 August, 2026
Head of Iran’s CNG Association has warned of the weakening of the country’s CNG industry, calling for the revival of CNG stations,...
 U.S.-Iran tensions rise ahead of new sanctions U.S.-Iran tensions rise ahead of new sanctions
22 August, 2026
The United States and Iran exchanged hostile rhetoric ahead of Washington’s planned announcement of new economic sanctions on Monday,
Iranian crude supplies to China declined amid U.S. blockade Iranian crude supplies to China declined amid U.S. blockade
22 August, 2026
Offers of Iranian crude to Chinese buyers have declined sharply and prices have risen as the U.S. blockade restricts
Iran launches rail transit of Iraqi petroleum products to Turkey, Afghanistan Iran launches rail transit of Iraqi petroleum products to Turkey, Afghanistan
22 August, 2026
Iran has launched rail transit of 50,000 tons of Iraqi petroleum products through western Kermanshah province to markets in Turkey and Afghanistan,

Recently Updated Projects Last Updated: 29 July, 2026

Azar Phase II
Location: Ilam Province (in Anaran Exploratory Block)
Azadegan Integrated
Location: West Arvand River in Khuzestan Province
Band-e-Karkheh Oilfield
Location: North-West of Ahwaz (in Mehr Exploratory Block), Khuzestan Province
Changuleh Oilfield
Location: Ilam Province (in Anaran Exploratory Block); Shared with Iraq
Sadaf ESBR
Location: Pars Special Economic Energy Zone (PSEEZ) - Site 2
Sabzab-Rey Crude Oil Pipeline (Sabzab - Shazand)
Location: Sabzab - Tange Fanni - Shazand

Recently Updated Oil & Gas Fields Last Updated: 15 July, 2026

Yadman
Field Type: oil
Soulabdar
Field Type: oil
Sepehr
Field Type: oil
Jufeyr
Field Type: oil
Tous
Field Type: gas
Azar
Field Type: oil

Recently Updated Companies Last Updated: 23 August, 2026

Petrochemiran Co.
Category: Engineering Companies, Consulting Companies, Investment Companies, Petrochemical Companies
Pardis Petrochemical Co. (PPC)
Category: Petrochemical Companies
Ilam Gas Refining Co.
Category: NIGC and Affiliated Companies
Persian Gulf Petrochemical Industries Co. (PGPIC)
Category: Petrochemical Companies
Khouzestan Petrochemical Co. (KZPC)
Category: Petrochemical Companies
Dehdasht Petrochemical Industries Co.
Category: Petrochemical Companies

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