The second session of Persian Gulf Petrochemical Industries Company’s extraordinary general meeting chose a new five-seat board on Thursday, Sept. 17, 2026.
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Compressed natural gas consumption rose about 11% in the first week after the third gasoline rate on station cards was raised to 10,000 tomans, the oil minister’s deputy said.
Part of the oil-industry capacity lost in the third imposed war should be available by the end of the Iranian year in March 2027, after the cold season, and the rest in the first half of the following year, Oil Minister Mohsen Paknejad said.
National Iranian South Oil Company aims to cut flare-gas burning to about 8.6 million cubic meters a day by the end of the current Iranian year in March 2027 and to 4.5 million cubic meters a day by the end of 1406 (March 2028), its production manager said.
Abadan’s member of parliament said the city’s oil refinery should stay out of private hands and criticized the current privatization track.
Reciprocating compressors for the gas-boosting station at the Binak oil field near Genaveh, Bushehr province, have been designed, built, shipped and installed to international oil-industry standards using Iranian manufacturers, Petroiran Development Group’s deputy CEO said.
Oil Minister Mohsen Paknejad and Persian Gulf Petrochemical Industries Company CEO Mohammad Shariatmadari held an emergency meeting as PGPIC’s general assembly nears and a new board is due to be set for Iran’s largest petrochemical group.
Persian Gulf Star Refinery is producing 51 million liters of gasoline a day — about half of Iran’s supply — TAPICO CEO Ruhollah Shahidipour said at the holding’s annual general meeting.
Nouri Petrochemical has completed a heavy-end sweetening unit and begun producing Euro 6 gasoil with sulfur below 10 parts per million, putting Persian Gulf Petrochemical Industries Company at the front of Iran’s clean-fuel output.
Iran’s Department of Environment applied unusually strict scrutiny to the Sohrab oil field after its experience at North and South Azadegan and is insisting the Oil Ministry guarantee its environmental commitments so damage to the Hoor al-Azim wetland is kept to a minimum, the deputy for marine environment and wetlands said.
Large listed companies — especially petrochemical producers — can import electricity from neighboring countries, Iran’s deputy energy minister for electricity said.
Iran’s Supreme Audit Court has issued a preventive warning to the Oil Ministry on timely fuel supply for thermal power plants ahead of the cold season.
National Iranian South Oil Company will begin staged start-up of flare-gas gathering projects in the Aghajari operating area from October–November 2026 and is trying to bring part of that capacity online before cold weather.
Downstream petrochemical industries could play a much larger role in Iran’s economy with proper planning and investment, said Seyed Esmaeil Hosseini, a member of Parliament’s Energy Commission.
Iran has unveiled two catalysts for oil, gas and petrochemical plants: a chromium-free high-temperature shift catalyst and a medium-temperature shift catalyst.
Development of the Farzad, Balal and Kish gas fields is moving twice as fast as in the comparable earlier period, as part of a two-year gas-output drive, Pars Oil and Gas Company Managing Director Touraj Dehghani said.
The National Iranian Oil Products Distribution Company issued a statement rejecting reports that 3,000- and 5,000-toman gasoline quotas had been dropped for cars worth more than 1 billion tomans.
Persian Gulf Petrochemical Industries Company CEO Mohammad Shariatmadari has appointed Yaghoub Rostami Mal-Khalifeh as human capital and learning director of Iran’s largest petrochemical group.
Khorasan Petrochemical’s operating revenue in the first five months of the Iranian year 1405 (to Aug. 22, 2026) rose 209% from a year earlier to more than 127 trillion rials, with exports accounting for 53% of sales.
A Fajr Energy Persian Gulf project worker was killed in an on-the-job accident in the Mahshahr utilities sector. No official account of the cause or how the accident happened has been released.