Oil

It now intends to sell stakes in 95 companies compared to initial plans to divest from 134 firms involved in oil and gas exploration and production.

The Iranian Oil Minister Bijan Zanganeh held separate meetings with his Armenian and Qatari counterparts in Moscow.

Iranian Minister of Petroleum has called on the Gas Exporting Countries Forum (GECF) member states to resist against pressure and imposition of opinions of some world powers. saying energy security should be in line with the interests of all countries.

Ecuador has been in breach of its promised production limits every month this year.

Iran’s Oil Minister Bijan Namdar Zangeneh condemned Washington’s unilateral and unlawful interventions against Tehran and Caracas’ crude supply. and urged the world not to let the energy market be politicized.

The TankerTrackers company lashed out at US Secretary of State Mike Pompeo for misusing the brand to foist his lies about the Iranian oil tanker Adrian Darya 1 which was seized in the Strait of Gibraltar by Britain in July and later released in August.

The Commander of U.S. Naval Forces Central Command. Vice Admiral Jim Malloy. met with the commander of the Royal Saudi Naval Forces (RSNF) after the attacks on vital Saudi oil infrastructure.

Iran is building an onshore oil pipeline worth US$1.8 billion to a terminal just outside the Strait of Hormuz. the most critical oil chokepoint in the world.

The American Petroleum Institute (API) has estimated a large crude oil inventory draw of 5.92 million barrels for the week ending September 26.

The Petroleum Engineering and Development Company (PEDEC) has signed a contract with three Iranian firms for manufacturing and maintaining electropumps for Goreh-Jusk Oil Pipeline Project.