ISIS | Egypt Oil & Gas - Part 2
Five Libyan Oilfields Closed over ISIS Attack Threat
Four Libyan oilfields - Bayda, Tibisti, Samah, and Waha - have closed and were evacuated over pending threat of militant attacks from Islamic State (ISIS). The fifth - Zaltan oilfield - closed after workers went on s ...
Israel Accuses Turkey of Financing IS via Illegal Oil Purchases
Israel has accused Turkey of contributing to the finances of Islamic State through purchases of ISIS-trafficked oil. It is feared that these charges will block any progress towards normalization of Israeli-Turkish re ...
Libyan Petroleum Guards Accused of Siphoning Oil
Libya’s Petroleum Facilities Guard (PFG), a 27,000 strong body tasked with protecting Libya’s oil facilities, has become the “biggest obstacle to raising money from the industry and a hindrance to forming a unified g ...
Libya Has Lost $68b in Oil Revenues Due to Instability
Amid discussions to form a unity government in Libya, the head of the country’s national oil company, Mustafa Sanalla, urged reconciliation and stated that the country had lost $68b in oil production and exports sinc ...
Yemen Refinery Pipelines Hit by Roadside Bomb
Yemeni oil pipelines connecting storage tanks at the southern port of Aden and the city's 150,000b/d refinery were hit by an explosion caused by a roadside bomb on January 15th, causing no damage to the refinery itse ... Libyan Oil Pipeline Hit by Blast
A major Libyan oil pipeline south of Ras Lanuf was hit with an explosion on December 14th. ISIS Bombed Egypt-Jordan Gas Pipeline
Ansar Beit Al Makdes, an ISIS affiliate, have bombed a main natural gas pipeline in Al Arish area in Egypt’s Sinai. The assailants placed explosive devices under the pipeline and activated them remotely, an action wh ...
ISIS Employs Foreign Workers to Keep its Oil Flowing
The Islamic State militant group had employed thousands of workers to keep crude pumping from rudimentary wells captured in the oil fields of Iraq and Syria. Oil revenue is making up nearly half of the group’s profits.
