The Oil Ministry is 60 trillion tomans behind on pollution-right payments to Khuzestan, Dezful lawmaker Abbas Papizadeh said.
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Officials from the University of Tehran Science and Technology Park, the Oil Ministry and related bodies reviewed how to turn academic and knowledge-based capacity into working solutions for the oil industry.
The second session of Persian Gulf Petrochemical Industries Company’s extraordinary general meeting chose a new five-seat board on Thursday, Sept. 17, 2026.
Brent crude futures fell 59 cents, or 0.54%, to $108.16 a barrel. U.S. West Texas Intermediate (WTI) futures dropped $1.20, or 1.13%, to $104.63 a barrel.
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.
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.
Saudi Arabia has told some European refiners that crude cargoes due to load this month have been canceled after Yemeni attacks knocked out the East-West pipeline.
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.
Brent crude futures rose $1.67, or 1.58%, to $107.35 a barrel. U.S. West Texas Intermediate (WTI) futures gained $2.14, or 2.11%, to $103.53 a barrel.
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.
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.
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.