Tag: ISIS
Iraq PM Abadi says country’s oil is for Iraqis, in reaction to Trump
Trump has sent messages offering increased assistance to Iraq BAGHDAD, Jan 24 (Reuters) – Iraq’s oil is the property of Iraqis, Prime Minister Haider al-Abadi said on Tuesday, in reaction to U.S. President Donald Trump who argued that the United States should have taken possession of the nation’s crude reserves. In a speech to CIA officials […]
Workers battle to cap burning oil wells in Iraq, risk flames and mines
ISIS left burning oil wells after US-backed Iraqi forces drove them out in August By John Davison QAYYARA, Iraq, Nov 24 (Reuters) – His face blackened and helmet coated in soot, Hussein Saleh watched the oil fields of his home town in northern Iraq burn, belching up thick smoke that blotted out the sun. Dozens […]
Iran’s Guards using Trump victory to claw back power
“Trump and IS gifts from God to IRGC”, senior official says By Parisa Hafezi ANKARA, Nov 21 (Reuters) – Donald Trump’s victory and the war on Islamic State have given Iran’s hard-line Islamic Revolutionary Guard Corps what it sees as a unique opportunity to claw back economic and political power it had lost. Sidelined after […]
Iraqi Qayyara oil keeps burning six weeks after ouster of Islamic State
Efforts to quell Qayyara fires hampered by IS shelling BAGHDAD, Oct 5 (Reuters) – Several wells in Iraq’s Qayyara oilfield continue to burn six weeks after the U.S.-backed Iraqi forces ousted Islamic State militants from the town as part of their push on the IS stronghold of Mosul, the oil ministry said on Wednesday. The militants […]
Iraq’s Qayyara oilfields won’t return to production before Mosul retaken
Qayyara oilfields recaptured from ISIS militants by Iraqi military BAGHDAD, Aug 30 (Reuters) – Iraq doesn’t expect to resume production from the northern Qayyara oilfields before the capture of nearby Mosul from Islamic State, an oil ministry spokesman said on Tuesday. The region’s two main fields, Qayyara and Najma, used to produce up to 30,000 barrels per […]
Oil fires cast black cloud over Iraqi town retaken from Islamic State
About a dozen oil fires still burning days after battle By Stephen Kalin QAYYARA, Iraq, Aug 30 (Reuters) – It gets darker earlier these days in the northern Iraqi town of Qayyara, which Islamic State militants abandoned about a week ago after setting fire to many of the region’s oil wells. Smoke billowing into the […]
Iraq says four oil well fires extinguished in town captured from IS
Crews working on remaining oil well fires BAGHDAD, Aug 29 (Reuters) – Iraq has put out fires at four oil wells in the oil-producing region of Qayyara which Iraqi forces recaptured from Islamic State last week, the oil ministry said on Monday. “Work is underway to put out flames in the remaining wells or oil […]
Kurds say Islamic State oil overseer killed in joint ops with U.S.
Haji Hamad died in an Iraqi town near Syrian border BAGHDAD, Aug 11 (Reuters) – The Islamic State militant in charge of the group’s oil operations in Iraq and Syria was killed on Thursday in a joint operation between the Iraqi Kurdish and U.S. Special forces, the Kurdistan Region Security Council said in a statement. […]
ISIS oil revenue dives as it loses Iraqi territory
ISIS oil revenue nearly collapsed By Ahmed Rasheed BAGHDAD, July 28 (Reuters) – Islamic State, pushed off more than half the Iraqi territory it seized in 2014, has suffered a near collapse in revenue from oil smuggling, officials say, forcing it to cut fighters’ pay, levy new taxes and raise fines for breaking its religious […]
Islamic State yearly oil revenue halved to $250 mln -U.S. official
Airstrikes, low oil prices chop Islamic State revenues By Yeganeh Torbati WASHINGTON, May 11 (Reuters) – Air strikes, a drop in the price of oil, and counter-smuggling efforts by neighboring countries have combined to cut the Islamic State oil revenues in half to about $250 million per year, a senior U.S. Treasury official said on Wednesday. […]
Connect
Connect with us on the following social media platforms.