Syrian Petroleum Company Loses 252M Barrels of Crude in H1 2018
The Syrian Petroleum Company lost around 252 million barrels of oil in the first half of 2018 due to delays, production failures and theft.
Syria | Egypt Oil & Gas - Part 3
SDF Captures Syria’s Largest Oilfield
The Syrian Democratic Forces (SDF) claim that they have captured the El Omar oilfield.
Iran to Build Refinery in Homs
Iran has agreed to build an oil refinery in the Syrian city of Homs.
Iranian Company to Export Five Gas-Fired Power Plants to Syria
The Iranian company, Mabna, accepted a contract from the Syrian government to import five gas-powered units for use in Aleppo.
Russia to Invest in Syria’s Infrastructure
Syria is in talks with Russia to have Russian oil companies participate in restoring Syrian oil extracting infrastructure.
Russia Favored to Work in Syria’s Oil, Gas
Russian companies would be the preferred choice to work in oil and gas production in Syria, according to a member of Russia’s Parliament, Dmitry Sablin.
Islamic State Set Fire to Iraqi Oil Wells
Islamic State militants set fire to four oil wells in Qayyara, south of Mosul before abandoning the city in mid August.
IS-Produced Fuel Allegedly Sold in Europe
Fuel produced by Islamic State is suspected to be sold at gas stations in Bulgaria, while the trade is further aiming for Europe.
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.
