Current News & Reports

Global refining constraints push diesel prices higher (analysis) Global refining constraints push diesel prices higher (analysis)
28 September, 2026
The main pressure in 2026 is coming less from crude oil and more from refining and refined-product supply constraints. Diesel crack spreads in the U.S. and Northwest Europe....
Aramco plans standalone gas division Aramco plans standalone gas division
28 September, 2026
Saudi Aramco has hired Evercore Inc., a global independent investment banking firm, to advise on restructuring its gas operations into a standalone division,
Iran’s EORC issues tender for construction of 50 MW solar power plant Iran’s EORC issues tender for construction of 50 MW solar power plant
27 September, 2026
Iran’s Isfahan Oil Refining Company (EORC), has issued a tender for construction of 50 MW of a 300 MW solar power plant,....
Global gas market faces prolonged tightness through 2027: IGU Global gas market faces prolonged tightness through 2027: IGU
27 September, 2026
Global natural gas markets could remain tight through at least next summer, according to the International Gas Union (IGU), potentially causing prolonged .....
Azerbaijan's Caspian Absheron full-field development gets FID Azerbaijan's Caspian Absheron full-field development gets FID
27 September, 2026
TotalEnergies, SOCAR and XRG have taken the Final Investment Decision (FID) for the full-field development of Azerbaijan’s Absheron gas and condensate field in the Caspian Sea.
Iran’s crude oil OSPs for October 2026 Iran’s crude oil OSPs for October 2026
26 September, 2026
According to the International Affairs of National Iranian Oil Co. (NIOC) the official crude oil selling prices (OSPs) of Iranian crude oil for October 2026 are as follows:
Iran’s South Pars Phase 11’s 12th well nears production: POGC Iran’s South Pars Phase 11’s 12th well nears production: POGC
26 September, 2026
project manager of the South Pars Phase 11 development project at Pars Oil and Gas Company (POGC), said the 12th well of South Pars Phase 11 (SPD11B) ....
Ghalibaf Appoints Karbasian as senior adviser on Iran-China affairs Ghalibaf Appoints Karbasian as senior adviser on Iran-China affairs
26 September, 2026
Former Economy Minister and former National Iranian Oil Company (NIOC) CEO Masoud Karbasian has been appointed by Parliament Speaker Mohammad Bagher Ghalibaf...

Recently Updated Projects Last Updated: 28 September, 2026

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
Azar Phase II
Location: Ilam Province (in Anaran Exploratory Block)

Recently Updated Oil & Gas Fields Last Updated: 24 August, 2026

Takhteh
Field Type: gas
Sohrab
Field Type: oil
Yadman
Field Type: oil
Soulabdar
Field Type: oil
Sepehr
Field Type: oil
Jufeyr
Field Type: oil

Recently Updated Companies Last Updated: 28 September, 2026

Mana Energy Pak
Category: Producing Companies, Electrical & Control (Manufacturers), Knowledge Based
Hamedan Ibn Sina Petrochemical Co.
Category: Petrochemical Companies
Pardis Petrochemical Co. (PPC)
Category: Petrochemical Companies
Bandar Abbas Negin petro-refinery
Category: Refining Companies / Refineries
Iranol Oil Co.
Category: Refining Companies / Refineries
Lima Sanat Ati Company
Category: Producing Companies

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