Post Tagged with: "ISIS"

Source: Business Insider

ISIS Oil Revenue Tanks: Down 85% – Study

ISIS is losing territory and revenue, down 60%, 80% 

Three years after Islamic State leader Abu Bakr al-Baghdadi declared the ‘Caliphate’, the terrorist group known for its extreme brutality has lost more than 60 percent of its territory and 80 …

ISIS Forces Attack Oil-Rich Kirkuk

ISIS Forces Attack Oil-Rich Kirkuk

From the Washington Post

IRBIL, Iraq – Islamic State gunmen launched a brazen raid Friday on the northern city of Kirkuk, attacking government buildings and police positions in what local officials speculated was an attempt to divert resources and attention …

October 21, 2016 - 3:03 pm Closing Bell Story‎, Energy News
Source: research.archives.gov

ISIS Pushed Out of Iraq’s Oil Fields

Iraqi offensive cuts ISIS oil revenue

Islamic State militants no longer control any oil wells in Iraq following an offensive by government forces last week. Iraqi forces retook the oilfields of Shargat and Qayyarah, leaving ISIS unable to produce oil …

September 28, 2016 - 12:45 pm Closing Bell Story‎, International, Oil and Gas 360 Articles, OPEC
Source: research.archives.gov

ISIS: a Criminal/Terrorist Enterprise with a Business Acumen that has No Historical Precedent

After Paris: U.S. and Russian air strikes target ISIS’s $50 million monthly oil revenues

As the battle against ISIS continues, allied forces are increasingly targeting oil assets and the convoys of trucks being used to smuggle oil from ISIS-controlled oilfields. …

Dana Gas Iraq Operations

OPEC? Steady as She Goes and Oil Prices Could Still Recover: Hofmeister

Exclusive Oil & Gas 360® Pre-OPEC Interview with Former Shell Oil President

With all eyes peering toward Vienna tomorrow, analysts and experts are in near lockstep that OPEC will maintain production, with a few saying it may raise its cap …

June 4, 2015 - 7:04 pm International, Oil and Gas 360 Articles, OPEC
OPEC: Too Close to Call - Oil & Gas 360

Will ISIS be a Factor at Friday’s OPEC Meeting?

“[ISIS] presents a whole new reality for the region, which just isn’t reflected in the oil market at the moment,” said Daniel Yergin, Vice Chairman of IHS, in an interview with The Telegram. “It’s an increasingly grave situation for …

June 3, 2015 - 7:06 pm Oil and Gas 360 Articles, OPEC, Politics & Opinions
Source: research.archives.gov

ISIS Sets Fire to Oilfield in Iraq

Islamic State militants targeting wells in the Ajil oilfield

A witness and military source said Islamic State fighters ignited oil wells in the Ajil oil field northeast of the city of Tikrit. The fires were started in the hopes that …

March 6, 2015 - 1:31 pm International, Oil and Gas 360 Articles, OPEC
Source: NPR

Iraq, Kurdish Region, Reach an Agreement on Oil Exports

The end of October marked a high point in tensions between Iraq and its oil producing Kurdish region in the north.

Roughly two dozen oil tankers idly turned figure eights in the Mediterranean, filled with oil pumped from Kurdish Iraq …

November 21, 2014 - 3:26 pm International, Oil and Gas 360 Articles
Oil Prices Unaffected despite Additional Russia Sanctions and Obama’s Pledge to Ramp up Action in Middle East

Oil Prices Unaffected despite Additional Russia Sanctions and Obama’s Pledge to Ramp up Action in Middle East

President Obama addressed the nation on Wednesday night, urging Congress to increase funding, assistance and conduct “a series of strategic airstrikes” against the Islamic State, or ISIL, the group marching across Iraq that recently beheaded two American journalists on …

Oil Companies Evacuating Iraq; ISIS Selling Black Market Crude for $30/Barrel

Reuters reported that both ExxonMobil Corporation (ticker: XOM) and Chevron Corporation (ticker: CVX) evacuated their staffs from Iraqi Kurdistan this morning. The employees of the oil giants join several thousand civilians attempting to escape violent Islamic State terrorists, also known …

Experts: ISIS Wants Oil to Create its Own State, Will Seek to Capture More Oil Fields

Experts: ISIS Wants Oil to Create its Own State, Will Seek to Capture More Oil Fields

It is no coincidence that ISIS is using the oil fields and pipelines it captured in Iraq and Syria to sell crude oil for the purpose of funding its activities, according to a report in Istanbul’s Daily Sabah, dated July …

July 11, 2014 - 4:30 pm Midstream, Oil and Gas 360 Articles