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19.01.26 - 13:36
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Kurds Withdraw From Syria′s Largest Oil Field As Jolani Forces Move In (ZeroHedge)
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Kurds Withdraw From Syria's Largest Oil Field As Jolani Forces Move In
via Middle East Eye
Kurdish-led forces pulled out on Sunday from Syria's largest oil field as government troops expanded their control across large parts of the country's north and east.
Government troops drove Kurdish forces from two Aleppo neighborhoods following clashes last week, and on Saturday announced they had captured an area east of the city, as well as Tabqa, in Raqqa province, on the southwestern bank of the Euphrates.
via AFP
At dawn on Sunday, the Kurdish-led Syrian Democratic Forces (SDF) withdrew "from all areas under its control in the eastern Deir Ezzor countryside, including the al-Omar and Tanak oil fields", the Syrian Observatory for Human Rights reported.
Al-Omar is the country's largest oil field, and was home to the biggest US base in Syria.
The Kurds' reported withdrawal there follows the government's announcement that it had retaken two other oil fields, Safyan and Al-Tharwa, in...
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19.11.25 - 10:42
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Syria Has Put A Big Western Flag In Its Gas Patch, Less Than Year After Assad Overthrow (ZeroHedge)
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Syria Has Put A Big Western Flag In Its Gas Patch, Less Than Year After Assad Overthrow
Authored by Julianne Geiger via OilPrice.com,
Syria has just put a big Western flag in its gas patch. The state-owned Syrian Petroleum Company has signed a memorandum of understanding with ConocoPhillips to develop existing gas fields and hunt for new ones, in a bid to drag the country's power sector out of wartime ruin. Damascus says the deal could lift gas output by 4–5 million cubic meters per day within a year from today's battered base.
That target is not trivial. Syria's domestic gas production has collapsed from 8.7 bcm in 2011 to about 3 bcm in 2023. On a rough cut, that's around 8 mcm/d today; hitting the ministry's ambition would mean boosting volumes by roughly 50–60% if everything shows up on time and on spec.
The pitch is straightforward: more gas into the grid, fewer blackouts, and less reliance on emergency molecules from Azerbaijan and Qatar flowing via regional deals and the Arab G...
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28.08.25 - 02:33
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First Syrian Crude Oil Shipped In Aftermath Of Assad′s Overthrow (ZeroHedge)
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First Syrian Crude Oil Shipped In Aftermath Of Assad's Overthrow
The West has moved fast on Syria in the wake of Assad's ouster - first lifting most sanctions and now ensuring oil and gas are tapped and get flowing again. The brutal sanctions served to punish the broader Syrian population for many years.
It underscores once again that the disastrous war was really about externally-driven regime change and installing a more malleable puppet government - which turned out to be essentially Al Qaeda in suits.
Bloomberg is reporting that the Switzerland-based Vitol Group, which is the largest independent oil trading company in the world, will soon receive and export Syria's first shipment of crude oil and transport it to a refinery in Italy.
The report indicates, "The shipment is due to load on Wednesday, the person said. The company declined to comment and Syria's energy ministry didn't respond to requests to do so."
The last several months have seen Pentagon reduce its occupa...
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30.03.25 - 14:51
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Sanctioned Syrian Population Desperately Trying To Access Oil & Gas (ZeroHedge)
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Sanctioned Syrian Population Desperately Trying To Access Oil & Gas
Syria's severe power shortages have continued throughout the country, also as many towns and cities remain largely destroyed following well over a decade of war. Rebuilding seems nowhere on the horizon as access to global investment and materials has been blocked by Washington.
The post-Assad Hayat Tahrir al-Sham government under Jolani (former AQ/ISIS commander) has just announced a tender to purchase around 7 million barrels of light crude oil, according to a fresh petroleum ministry statement.
Syria Issues Tender for 7M Barrels of Light Crude Oil: Syria TV
Here comes the Al qaeda oil
— zerohedge (@zerohedge) March 27, 2025
The purchase of 7 million barrels of light crude oil is to supply to the Baniyas refinery, Syrian media has specified.
Further, this week has seen limited efforts the ease the population's ongoing petrol woes. State-run SANA announced Tuesday, for example, that ship carrying 5,600 tons of gasoline ar...
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