updated Mon. January 24, 2022
+
The Arab Weekly
April 21, 2018
Throughout the war against the Islamic State (ISIS), we have heard almost non-stop about how Kurdish factions in Iraq and Syria have been “the most ... This included major oil-producing cities such as Kirkuk, which happened to be disputed between the Baghdad federal authorities and the Erbil-basedÃÂ ...
The Arab Weekly
April 21, 2018
Speaking April 12 at a House Armed Services Committee hearing, US Defence Secretary James Mattis said: “We need to keep the foot on the neck of [the Islamic State] ISIS until we suffocate it.” Alternatively, this could also mean “indefinitely.” This grace period, whether until November or longer, would giveÃÂ ...
Arab News
April 20, 2018
White House officials could not be immediately reached to comment on any action the Trump administration planned to take regarding oil or OPEC, the Organization of the Petroleum Exporting Countries. After the president's tweet, Brent and WTI crude prices turned negative. OPEC member countries areÃÂ ...
Economic Times
April 20, 2018
GENEVA/BAGHDAD: Iraq resumed paying Kuwait compensation on Friday for the destruction of Kuwaiti oil fields and facilities during the 1990-91 ... The payment had been suspended since October 2014 because of security and budgetary problems the Iraqi government in its fight against Islamic State.
CNBC
April 18, 2018
If the former is true, it could mean a renewal of violence and a power struggle that could hit the OPEC country's oil output and create new opportunities for extremist groups like the Islamic State militant group. Often described as the oil-rich state's "most powerful warlord," Khaftar, who heads the powerful butÃÂ ...
Marketplace.org
April 13, 2018
In five separate trips back to Iraq, New York Times foreign correspondent Rukmini Callimachi brought back 15,000 ISIS documents that help tell the story of ISIS ... It's a sale of a car between two people in Mosul, and the fine print is the Islamic State saying the seller and the buyer both agree that they haveÃÂ ...
OilPrice.com
April 6, 2018
Contrary to what has been assumed so far, black market oil sales were not the only and not even the largest revenue stream for ISIS, an investigation of The New York Times has revealed. Islamic State militants have been almost entirely expelled from Iraq and Syria, but for nearly three years they had heldÃÂ ...
Quartz
April 5, 2018
In 2016, the US military bragged about a massive air strike that destroyed 168 oil trucks used by the Islamic State of the Iraq and Levant, the militant Islamist group best known as ISIS, to export oil and finance its operations. “The Coalition continues to forcefully prosecute the air war on ISIL revenueÃÂ ...
The Fuse (blog)
March 27, 2018
Throughout 2014 and much of 2015, the Islamic State's national oil company was professionally-run, production stood at 50-80 thousand b/d, and oil revenues added up to $40-50 million a month, if not more, according to ISIS records. By most estimates, oil was probably the single greatest contributor toÃÂ ...
International Business Times UK
March 4, 2018
A security source told the paper: "We know that al-Qaeda terrorists have tried to manufacture ricin in the UK in the past. We now suspect members of Isis based in the UK are attempting to do the same. "The use of chemical and biological weapons by Isis is a threat which is being treated very seriously.
Middle East Eye
February 24, 2018
The Islamic State (IS) group on Saturday killed two policemen guarding a northern Iraqi oil field, in a first attack on energy facilities since militants were driven from the region's towns, a security source said. "A large number of IS terrorists attacked a post of the oil police force near well 43 in the Khabbaz oilÃÂ ...
The Economist
February 22, 2018
GONE are the days when the black flag fluttered over a third of Iraq and almost half of Syria. Crushed on the battlefield, Islamic State has lost roughly 98% of its self-proclaimed “caliphate”. Some 70,000 of its fighters (who numbered perhaps 100,000 at their peak) are thought to have been killed.
OilPrice.com
February 9, 2018
Islamic State is running online casinos as the terrorists try to compensate dwindled revenues from oil smuggling after they were driven out of vast areas in Syria and out of Iraq, Vasily Nebenzya, Russia's Ambassador to the United Nations, said on Thursday. “They are honing their skills with modernÃÂ ...
OilPrice.com
February 5, 2018
Terrorists from the Islamic State have tried to attack the Dhara oilfield, sources from the Libyan National Army told local media. ... said the news confirmed some information it had received from LNA sources last November that told of ISIS plans to strike targets in the Oil Crescent—Libya's oil heartland.
Asharq Al-awsat English
February 4, 2018
The Libyan National Army (LNA) announced Saturday that three of its members were killed and others were injured during sudden clashes between its forces and terrorist elements that tried to attack the Dhara oil field of the Waha oil company. The field is operated by Waha, a joint-venture between Libya'sÃÂ ...
vestnik kavkaza
February 3, 2018
Iraqi security forces have arrested Islamic State's top oil chief while he was trying to cross the border into Syria, Tehran-based Fars News Agency reported on Friday, quoting military sources. As Oil Price writes in the article Iraq Arrests ISIS Oil Chief Near Syrian Border, the Iraqi forces ambushed the convoyÃÂ ...
Aljazeera.com
December 31, 1999
Iraq is hoping to lure international investors to help develop its oil and gas industry. With victory declared over fighters from Islamic State of Iraq and the Levant (ISIL, also known as ISIS), government ministers are meeting oil executives in Berlin, Germany to discuss how to exploit its vast reserves.
The Atlantic
February 27, 2018
As the world watches the Syrian government's relentless bombing of Ghouta, 300 miles to the east, the United States remains focused on eradicating the last vestiges of the Islamic State. On February 11, Secretary of Defense James Mattis stressed that, following the group's defeat, there is no plan for aÃÂ ...
Aljazeera.com
February 27, 2018
Iraq is hoping to lure international investors to help develop its oil and gas industry. With victory declared over fighters from Islamic State of Iraq and the Levant (ISIL, also known as ISIS), government ministers are meeting oil executives in Berlin, Germany to discuss how to exploit its vast reserves.
Center for Research on Globalization
February 26, 2018
Deir Ezzor is important strategically because of its concentration of energy resources, housing the country's single largest oil deposit, the al-Omar fields. ... The attack was a major boost to the besieging Islamic State, as one British journalist described it: “in the immediate aftermath, Isis swarmed forward andÃÂ ...
Middle East Eye
February 25, 2018
The Islamic State (IS) group on Saturday killed two policemen guarding a northern Iraqi oil field, in a first attack on energy facilities since militants were driven from the region's towns, a security source said. "A large number of IS terrorists attacked a post of the oil police force near well 43 in the Khabbaz oilÃÂ ...
The Atlantic
February 10, 2018
One introduced himself as Malik al-Khazmi and proceeded to pitch them to join the Islamic State, Ahmed told me. “The dawla [or state] is coming to Libya,” al-Khazmi told them. “Don't you want to be the first? The nucleus?” He answered yes. Around the same time that Ahmed was joining ISIS in Tripoli,ÃÂ ...
Rudaw
February 10, 2018
Authorities in the resource-rich nation say there has been a heavy toll on oil, electricity and manufacturing infrastructure, as well as basic services such as ... Iraq needs to raise $100 billion to rebuild, Prime Minister Haider al-Abadi has said, after the fight against ISIS and decades of sanctions and war.
OilPrice.com
February 10, 2018
Islamic State is running online casinos as the terrorists try to compensate dwindled revenues from oil smuggling after they were driven out of vast areas in Syria and out of Iraq, Vasily Nebenzya, Russia's Ambassador to the United Nations, said on Thursday. “They are honing their skills with modernÃÂ ...
The Arab Weekly
February 9, 2018
LONDON - Iraqi forces began a military operation against militants who are threatening an oil route between Iraq and Iran, rekindling fears over the security of the country despite Baghdad's announcement of victory against the Islamic State (ISIS). The military operation aims to secure areas betweenÃÂ ...
The Moscow Times
February 9, 2018
Islamic State (IS) is running online casinos to compensate for financial setbacks driven by battlefield losses, Russia's top diplomat at the United Nations has said. Illicit oil trafficking and extortion have until recently been Islamic State's main sources of revenue. IS "has been forced to adapt" to military defeatsÃÂ ...
OilPrice.com
February 2, 2018
The Iraqi forces ambushed the convoy with which the top ISIS terrorist—identified as Abdel-Ghani Zargham 'Abdel-Sama—was traveling through the town of Masada in Iraq's northern province of Nineveh. The oil chief of the Islamic State surrendered after Iraqi security forces surrounded him, according toÃÂ ...
Quartz
January 18, 2018
The government forces managed to recapture the area by September 2016, and in retaliation, ISIL set fire to 20 more oil wells as they retreated. ... Solidified flows of crude oil, spilled when ISIS attacked the Qayarrah oil field, were still pooled across the landscape when Wim Zwijnenburg visited the area inÃÂ ...
The Economist
December 31, 1999
So the American-led coalition against IS bombed the group's refineries and oil tankers, destroyed its stockpiles of cash and assassinated its money men. The Iraqi government stopped paying the salaries of government officials in IS territory to prevent the jihadists from taking a cut. The strategy worked, upÃÂ ...
Asharq Al-awsat English
December 31, 1999
They told "The Washington Post" that the burning of oil wells will leave Impacts on Iraq's environment that "may be unprecedented and permanent, with a toxic legacy that includes wide-scale cattle deaths, fields that no longer yield edible crops and chronic breathing complications in children and the elderlyÃÂ ...
OilPrice.com
December 31, 1999
Terrorists from the Islamic State have tried to attack the Dhara oilfield, sources from the Libyan National Army told local media. ... said the news confirmed some information it had received from LNA sources last November that told of ISIS plans to strike targets in the Oil Crescent—Libya's oil heartland.
CTech
December 27, 2017
Japan was badly burnt by the 2014 kidnapping of two Japanese nationals by ISIS, which came after Prime Minister Shinzō Abe pledged to financially support combat against the militant group. This has led to a characteristically apprehensive attitude towards the Middle East and the Arab-Israeli conflict that,ÃÂ ...
An-Nahar
December 27, 2017
BENGHAZI, Libya: A Libyan official said militants have bombed a pipeline pumping crude oil to the port of Sidr. Col. Muftah Amgharief, from the security force guarding oil facilities in eastern Libya, said Tuesday's bombing appeared to have been carried out by the Islamic State group, which is active in theÃÂ ...
The Atlantic
December 27, 2017
As 2017 draws to a close, the mood among leading pundits on the U.S.-led campaign to dislodge the Islamic State from Iraq and Syria might seem ... As the past months have shown, however, the issue will permit ambiguity no longer, as Baghdad's tanks continue to reoccupy Kurdish oil fields in the wake ofÃÂ ...
The National
December 25, 2017
ISIL's conquest of Mosul in June 2014 coincided with a precipitous drop in the oil price, which halved to around $50 a barrel, where it continues to hover. The Iraqi government derives almost all its revenue from oil sales. This has left it financially hamstrung throughout the war on the terror group, and unableÃÂ ...
The Guardian
December 25, 2017
A burned church of the Immaculate Conception by Islamic State militants in the town of Qaraqosh, south of Mosul, Iraq on Saturday. Photograph: Ari Jalal/Reuters. The damage in Qaraqosh, a town 10 miles (15km) west of Mosul also known as Hamdaniya, was extensive, particularly to the town's ancientÃÂ ...
OilPrice.com
December 15, 2017
Iraq began to rebuild its largest oil refinery this week, jumpstarting an effort to reconstruct the country after a three-year war with the terroristic Islamic State, an announcement from the oil ministry said. The Baiji complex should produce 70,000 barrels of oil per day upon completion, ministry spokesmanÃÂ ...
ABC News
December 5, 2017
He says Saudi Arabia wants to expand investment projects in Iraq to include energy, manufacturing and natural resources. The visit comes amid months of improving ties between the two countries. Iraq is looking for regional support as the country struggles to rebuild after ousting the Islamic State group ...
ReliefWeb
December 5, 2017
The research includes a survey among Iraqi civilians living in Qayyarah, an oil town near Mosul where oil wells were deliberately set on fire by retreating ISIS fighters. Some of the wells burned for more than eight months. Locals are anxious about their health and well-being after living under the noxious ...
Concord Monitor
December 4, 2017
Syria's main Kurdish forces declared Sunday that they have successfully cleared areas east of the Euphrates river of Islamic State militants, with help ... Mahmoud also praised the role tribal leaders played in the fight against ISIS in the oil-rich Deir el-Zour province, where tribesmen play an integral role in ...
Iraq Oil Report
December 4, 2017
It was an awkward coalition riven by political and sectarian differences, facing an elusive, fanatical enemy dug into an urban maze of narrow streets and alleyways. So, could Iraq's government really deliver on its vow to vanquish Islamic State? In the end, the army, Shi'ite Muslim paramilitaries and Kurdish ...
Worldcrunch
November 24, 2017
DAMASCUS — It is across an immense desert, between oil fields and Mesopotamian archeological sites overlooking the Euphrates, where Syria's future may be decided. The question, as Damascus makes more and more ground against ISIS and jihadists fighters, is the following: After seven years of a ...
Axios
November 13, 2017
To arrive at a more precise figure, my colleagues and I developed a tool, as reported in a recent paper, that uses satellite imagery to evaluate in real time all 42 of the oil production sites once controlled by ISIS. The results show that production levels were approximately 56,000 barrels per day from July to ...
Laboratory Equipment
November 7, 2017
The Islamic state of Iraq and Syria, popularly known as ISIS, took over swaths of the two Middle Eastern countries beginning in 2014. They spread quickly through extreme terror tactics and authoritarian rule, quickly controlling cities like Fallujah, Raqqa, Mosul, Tikrit, and beyond. But the abundant oil ...
Phys.Org
November 6, 2017
Using satellite imagery, a team of researchers led by Princeton University and the World Bank analyzed 42 oil production sites controlled by ISIS across Syria and Iraq from 2014 to 2016. They measured the volume of radiant heat produced by …more. Oil production by the Islamic State of Iraq and Syria ...
CNN
October 17, 2017
Militants linked to ISIS have been kicked out of a city in the Philippines. ... Kirkuk, in an oil-rich area, lies just outside the autonomous Kurdish ...
Seeking Alpha
October 17, 2017
The Russians have come a long way since crude oil production ... as I had seen multiple headlines that the "tide had turned" against ISIS.
Aljazeera.com
October 17, 2017
The Islamic State of Iraq and the Levant (ISIL, also known as ISIS) group ... to retake the oil-rich province of Kirkuk amid an escalating dispute in ...
U.S. News & World Report
October 15, 2017
Raqqa was the first big Syrian city to fall to Islamic State as it ... with those he later executed, in a building near an oil installation near the city.
AMN Al-Masdar News
October 14, 2017
The Al-'Umar Oil Fields have been one of the Islamic State's most important revenue streams; its liberation is now one of the Syrian military's ...
|
news and opinion
|
