Current News & Reports

IMF projects 7.6% contraction in Iran’s economy in 2026 IMF projects 7.6% contraction in Iran’s economy in 2026
19 October, 2026
The International Monetary Fund (IMF) has downgraded its outlook for Iran’s economy, projecting a 7.6% contraction in real gross domestic product (GDP) in 2026....
TSE to sell 13.6% stake in Iran’s Bandar Abbas Oil Refinery TSE to sell 13.6% stake in Iran’s Bandar Abbas Oil Refinery
19 October, 2026
The Tehran Stock Exchange (TSE) has announced the sale of a 13.6% stake in Bandar Abbas Oil Refining Company,
PGPIC approves Iran’s Nehbandan Formaldehyde Resin project PGPIC approves Iran’s Nehbandan Formaldehyde Resin project
19 October, 2026
Iran’s Persian Gulf Petrochemical Industries Company (PGPIC) has approved a formaldehyde resin production project in Nehbandan, South Khorasan Province,
Iran’s Amir Kabir Petrochemical to sell 52% stake in block deal Iran’s Amir Kabir Petrochemical to sell 52% stake in block deal
19 October, 2026
Iran’s Farabourse market will offer a 52% controlling stake in Amir Kabir Petrochemical Company, equivalent to 1.872 billion shares, on November 2, 2026.
 Iran’s 3- month economic growth to August remains negative at 5.9%: CBI research arm Iran’s 3- month economic growth to August remains negative at 5.9%: CBI research arm
18 October, 2026
The research arm of the Central Bank of Iran has estimated changes in the country’s gross domestic product (GDP) in the month of Mordad (July–August) in a report titled....
Iran’s OEOC commissions first ESP pump at Azadegan integrated project Iran’s OEOC commissions first ESP pump at Azadegan integrated project
18 October, 2026
Iran’s Oil Exploration Operations Company (OEOC) has successfully installed and commissioned the first electric submersible pump (ESP) ....
U.S. shale oil growth to slow as prime drilling acreage runs out (Report) U.S. shale oil growth to slow as prime drilling acreage runs out (Report)
18 October, 2026
U.S. shale oil production is expected to enter a more mature phase through the end of the decade, with growth increasingly constrained by the depletion of high-quality drilling locations, ...
U.S. targets Iran-linked banks and oil networks U.S. targets Iran-linked banks and oil networks
18 October, 2026
The U.S. Treasury has sanctioned 10 Iran-linked entities and 16 individuals, targeting banks, oil intermediaries and foreign-exchange networks ...

Recently Updated Projects Last Updated: 19 October, 2026

Aban and West Paydar
Location: Ilam Province
Fanavaran MTP (Petro Olefins)
Location: Petrochemical Special Economic Zone (PETZONE)
Azadegan Integrated
Location: West Arvand River in Khuzestan Province
Islam Abad Gharb GTPP
Location: Islam Abad Gharb Special Economic Zone, Kermanshah Province
Susangerd
Location: 12 km off Southeast of Sousangerd City of Khuzestan Province
Changuleh Oilfield
Location: Ilam Province (in Anaran Exploratory Block); Shared with Iraq

Recently Updated Oil & Gas Fields Last Updated: 13 October, 2026

North Yaran
Field Type: oil
Shadegan
Field Type: oil
Takhteh
Field Type: gas
Sohrab
Field Type: oil
Yadman
Field Type: oil
Soulabdar
Field Type: oil

Recently Updated Companies Last Updated: 19 October, 2026

Axone International Group
Category: Engineering Companies, Consulting Companies, Investment Companies, Drilling Companies, Installation & Execution Services, Drilling Services, Drilling Engineering / Consulting Companies
Petrochemical Research & Technology Co.
Category: NPC and Affiliated Companies
Fanavaran Petrochemical Co. (FNPC)
Category: Petrochemical Companies
Arya Sasol Polymer Co. (ASPC)
Category: Petrochemical Companies
Dasht Azadegan Arvand Company (DACO)
Category: E&P Companies

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