updated Sat. March 16, 2024
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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-basedÃâà...
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 giveÃâà...
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 areÃâà...
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 butÃâà...
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 haveÃâà...
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 heldÃâà...
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 revenueÃâà...
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 toÃâà...
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 oilÃâà...
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 modernÃâà...
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'sÃâà...
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 convoyÃâà...
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.
