Iran’s Petroleum Engineering & Development Co. (PEDEC) has issued a tender to sell Sohrab oilfield flared gas to the private ...

Iran’s Petroleum Engineering & Development Co. (PEDEC) has issued an EPC tender for construction of a 48-inch Genaveh-Kharg subsea oil ...

According to secondary sources, total OPEC-12 crude oil production averaged 28,564mb/d in Decemer 2025, which is 105 kbpd higher m-o-m.

Through the implementation of a series of technical and operational measures under the South Azadegan development project in ...

Crude Oil Price Movements In December, the OPEC Reference Basket (ORB) value dropped by $2.72/b, month-on-month (m-o-m), to ...

Project Manager of the Farzad-B gas field development at Iran’s Pars Oil and Gas Company (POGC), announced that construction of the first jacket ...

Managing Director of the National Iranian Drilling Company (NIDC), announced the drilling, completion, and commissioning of 12 gas wells out of a total of 32 under a ...

Contracts for the “guaranteed purchase of drilling services” and the “purchase of crude oil processing services for oil fields,” structured under the ...

Amir Moghiseh, Director of Investment and Business Development at the National Iranian Oil Company (NIOC), stated that under the budget law, 14.5% of revenues from ...

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has intensified pressure on Iran by sanctioning ...

In a ceremony attended by President Masoud Pezeshkian, National Iranian Oil Company (NIOC) signed investment contracts worth more than $2 ...

The third international exhibition for the development of knowledge-based manufacturing in Iran’s petrochemical, refining, and petro-refining sectors (Iran PETROCHEM 2026), organized and sponsored by ...