Current News & Reports

Sanctions relief not enough for Iran's oil industry revival Sanctions relief not enough for Iran's oil industry revival
20 June, 2026
The recent US-Iran memorandum has raised hopes for economic improvement in Iran, but a potential agreement is unlikely to quickly revive the country's oil and gas sector.
Iran’s NDF expands investment in new oil field projects Iran’s NDF expands investment in new oil field projects
20 June, 2026
the member of Iran’s National Development Fund (NDF) announced the expansion of the fund’s investments in the upstream oil and gas sector, ....
Emergency plan boosts Iran’s Goureh–Jask oil flows Emergency plan boosts Iran’s Goureh–Jask oil flows
20 June, 2026
Managing Director of Iran's Petroleum Engineering and Development Company (PEDEC), announced the successful implementation of an emergency plan to maximize crude oil transportation ....
Iran PGPIC starts up Hengam urea unit Iran PGPIC starts up Hengam urea unit
20 June, 2026
Iran's Hengam Petrochemical has officially launched its urea unit, which has an annual production capacity of 1 million tons.
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” ...

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

Recently Updated Projects Last Updated: 20 June, 2026

Hengam Urea/Ammonia
Location: Pars Special Economic/Energy Zone (Site #2)
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

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: 20 June, 2026

Saba Naft Engineering & Construction Co.
Category: Construction Companies
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

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