Current News & Reports

International private investors back $300B Iran development fund International private investors back $300B Iran development fund
18 June, 2026
A proposed agreement between Iran and the United States includes the creation of a $300 billion private investment fund aimed at rebuilding and developing Iran’s infrastructure.
Iran’s ‘Foreign Currency Investment Funds’ launched Iran’s ‘Foreign Currency Investment Funds’ launched
18 June, 2026
Director of Foreign Currency Financing at the Iran Center for Exchange of Currency and Gold explained the mechanism of foreign currency investment funds,...
Iran boosts gas supply and infrastructure Iran boosts gas supply and infrastructure
18 June, 2026
In recent years, the National Iranian Gas Company (NIGC) has significantly expanded gas infrastructure, increasing natural gas's share to about 60–70% of household energy consumption.
New Iranian flare gas desulfurization tech unveiled New Iranian flare gas desulfurization tech unveiled
18 June, 2026
An Iranian knowledge-based company, Sharif Engineering Processing Development Company (SEPDCO), has developed a technology called a “flare gas desulfurization package” ...
Frozen Iranian assets across the world Frozen Iranian assets across the world
18 June, 2026
The Wall Street Journal reports that billions of dollars in Iranian assets remain frozen in several countries, primarily due to U.S. sanctions ...
IEA sees significant 2027 oil surplus IEA sees significant 2027 oil surplus
18 June, 2026
The International Energy Agency (IEA) believes that once Middle Eastern oil production and exports normalize after the Hormuz disruption...
UAE's post OPEC expansion push to lift oil output above 5mln bpd next year: IEA UAE's post OPEC expansion push to lift oil output above 5mln bpd next year: IEA
18 June, 2026
The United Arab Emirates' oil output could exceed 5 million bpd next ‌year as it moves to expand production after its exit from OPEC,...
Iran’s Marun Petchem targets expansion with 334.8% capital hike Iran’s Marun Petchem targets expansion with 334.8% capital hike
17 June, 2026
The Board of Directors of Marun Petrochemical Company has approved a 334.8% capital increase through retained earnings, raising the company's capital ....

Iran's Oil, Gas & Petrochemical News
Iran's Oil, Gas & Petrochemical Reports

Recently Updated Projects Last Updated: 17 June, 2026

Hirsa Sahand Polypropylene
Location: Petrochemical Special Economic Zone (Mahshahr)
Negin Mahestan - Kangan LLDPE/HDPE
Location: Tombak - 70km from Assaluyeh
Forouzan Development
Location: Kharg region
Pars Oil Products Pipeline
Location: From Mehraran pump station on Bandar Abbas–Rafsanjan pipeline to the city of Shiraz
Bandar Abbas Heavy Residual Upgrading
Location: Bandar Abbas
Karanj Khami
Location: 115 km southeast of Ahvaz

Recently Updated Oil & Gas Fields Last Updated: 18 June, 2026

Azar
Field Type: oil
Soulabdar
Field Type: oil
Susangerd
Field Type: oil
West Paydar
Field Type: oil
Aban
Field Type: oil
Changuleh
Field Type: oil

Recently Updated Companies Last Updated: 18 June, 2026

Farabi Petrochemical Co.
Category: Petrochemical Companies
Gas Company of West Azarbaijan Province
Category: NIGC and Affiliated Companies
Pouya Pazhouhesh Bakhtar Company
Category: Petrochemical Downstream Companies, Knowledge Based
Oil Industry Technology and Innovation Park (Petropark)
Category: NIOC and Affiliated Companies , Knowledge Based
Gas Company of East Azarbaijan Province
Category: NIGC and Affiliated Companies
Kermanshah Petrochemical Industries Co. (KPIC)
Category: Petrochemical Companies

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