U.S. energy firms this week reduced the number of oil rigs operating for a seventh week in a row as producers follow through on plans to cut spending on new drilling this year.Drillers cut 3 oil rigs in the week to Oct. 4, bringing the total count down to 710, the lowest since May 2017, General Electric Co's Baker Hughes energy services firm said in its closely followed report on Friday.
British Prime Minister Theresa May will meet with Gibraltar's Chief Minister Fabian Picardo later on Wednesday to discuss the detained Iranian oil tanker Grace 1, a spokesman for May said.The tanker was seized earlier this month by British Royal Marines off the coast of the British Mediterranean territory of Gibraltar on suspicion of violating sanctions against Syria.
British defense minister Ben Wallace said on Tuesday the Department for Transport and his ministry would issue guidance to shipping in the Middle East imminently after the killing of an Iranian military commander heightened tensions."The Department for Transport are reviewing the threat state and advice to red-ensign shipping on a daily basis and, supported by the Ministry of Defense
Britain summoned the Iranian ambassador on Tuesday to condemn what it said was a clear breach of the assurances it was given over the oil cargo of the tanker Adrian Darya 1, which had previously been detained for breaching EU sanctions."Iran has shown complete disregard for its own assurances over Adrian Darya 1," foreign minister Dominic Raab said in a statement
Britain has recommended all British-flagged ships go to a heightened state of security in the Strait of Hormuz, Sky News reported on Thursday, citing unnamed maritime industry sources.A Department for Transport spokeswoman said: "The Department for Transport, as competent authority
Pursuant to the agreement signed last year between Fincantieri, the Liguria Region and the trade unions Cgil, Cisl and Uil, aimed at carrying out a series of initiatives to encourage job placement processes, the offer of the courses of the technical institutes of higher education for next autumn is to be extended.