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.
Germany has allocated $138m as additional aid that target "substantially important sectors for Jordan", the Ministry of Planning and International Cooperation said Saturday.
Turkish President Tayyip Erdogan warned Russia on October 8 that there were other places his country could get natural gas and other countries that could build its first nuclear plant
Reuters reported that Islamic State fighters have captured the Jazal field in Syria from government forces, citing the Britain-based Syrian Observatory for Human Rights.
Islamic State suicide bombers blew up two trucks in the heart of the northeastern Syrian city of Hasaka and a fire erupted at petroleum storage tanks and a textile firm after shelling by the militant
It’s no secret that Iran provides critical support to Syrian President Bashar al-Assad. The trouble comes in trying to figure out how much Iran spends and what that support actually looks like.
Gulfsands Petroleum Plc said it removed Mahdi Sajjad as chief executive and appointed Alastair Beardsall, a nominee of its top shareholder, as executive chairman with immediate effect.