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.
NEWS Feed Atom
Russia’s state gas company Gazprom will stop natural gas deliveries to Armenia for 10 days for planned maintenance on a pipeline inside Russia.
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.
Brent crude futures rose $3, or 2.9%, to $107.61 a barrel. U.S. West Texas Intermediate (WTI) futures gained $2.48, or 2.5%, to $102.53 a barrel.
Large listed companies — especially petrochemical producers — can import electricity from neighboring countries, Iran’s deputy energy minister for electricity said.
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.
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.
A parliamentary inquiry into the National Iranian Oil Company (NIOC) has been filed in the Majlis system, Tehran lawmaker Hossein Samsami said, accusing the oil minister of nine months of silence on indebted oil-sales trustees.
The second propane tank at the South Pars Phases 22–24 refinery has entered service with domestically made cryogenic pumps, and the first export cargo from the tank has been loaded.
Iran’s petrochemical industry reached 101.4 million tons of installed capacity in the Iranian year 1404 (ended March 20, 2026), a long-standing development milestone, even as enemy attacks and two wars disrupted the economy.
Iran’s National Petrochemical Company (NPC) and the syndicate of pharmaceutical, chemical and drug-packaging producers have signed a memorandum to extend the petrochemical value chain through to active pharmaceutical ingredients (APIs) and to steady raw-material supply.
Iran’s Social Security oil and energy holdings met the Foreign Ministry’s economic deputy to try to clear obstacles to gas imports from Turkmenistan, as part of efforts to ease the country’s energy imbalance.
Reuters reported: Oil tanker freight rates hit record highs.
Brent crude futures fell $3.75, or 3.48%, to $103.88 a barrel. U.S. West Texas Intermediate (WTI) futures dropped $3.33, or 3.25%, to $99.15 a barrel.
Gachsaran Petrochemical is running at about 40% of capacity and needs 860 billion tomans in bank facilities to increase production, the economic deputy governor of Kohgiluyeh and Boyer-Ahmad said.