The BTC pipeline carries about 1 million bpd, of which 400,000 bpd comes from Kurdistan.
Under the plan, Gulfsands and its peers could return to their blocks, with appropriate sanction and other approvals. Back with operational control, they could improve oilfield practice – reducing the impact on the environment – while also producing oil.
An attack by Islamic State (IS) terrorists has killed 10 oilfield workers in Syria, according to local reports.
Egypt has agreed to export natural gas to Lebanon, via Jordan and Syria, following a meeting involving the four states’ energy ministers in Amman.
Israel has pointed the finger of blame for pollution of its beaches at Iran, saying an illegal delivery of crude to Syria had gone awry.
The Syrian Ministry of Foreign Affairs and Expatriates has condemned “in the strongest terms” a reported deal between a US oil company and the Syrian Democratic Forces (SDF).
Libya’s National Oil Corp. (NOC) has named the United Arab Emirates as being behind the order to stop production in the North African country.
The Libyan National Army (LNA) has suffered major setbacks in its attacks on Tripoli, home of the Government of National Accord (GNA).
The Russian-Turkish ceasefire talks for Libya fell apart on the opposition of General Khalifa Haftar on January 13, with the head of the Libyan National Army (LNA) walking away from meetings in Moscow.
Russia's defence ministry has harshly criticised the US decision to send armoured vehicles and combat troops into eastern Syria to protect oil fields.
The U.S. is gravely disappointed with the U.K. after a Gibraltar court allowed the release of an Iranian tanker suspected of hauling oil to Syria, and threatened sanctions against ports, banks and anyone else who does business with the ship or its crew, two administration officials said.
British special forces seized a supertanker off Gibraltar carrying Iranian oil to Syria in violation of European and U.S. sanctions against the war-torn country.
An oil tanker thought to be carrying Iranian oil to Syria has been detained by Royal Marines in Gibraltar.
More than a hundred people have been killed in a truck bomb blast in eastern Syria, a spokesman for US-backed local forces said.
Nicaragua has ratified the Paris Agreement on climate change, leaving Syria as the only country not to have signed up to the deal.
US-allied forces have captured Syria's largest oil field from the Islamic State group.
US-backed Syrian fighters have launched an offensive against the Islamic State group in eastern Syria along the border with Iraq.
The White House has issued a warning to Bashar Assad as it claimed “potential” evidence showed Syria was preparing for another chemical weapons attack.
Russians warships in the Mediterranean Sea have fired four cruise missiles at the Islamic State group’s positions in Syria, the defence ministry in Moscow said.
While Syria makes only 0.04% of global petroleum supplies -- less than Cuba, New Zealand or Pakistan -- it calls one of the world’s biggest producing regions its neighborhood.
Oil jumped as the U.S. cruise missile attack against Syria riled global financial markets.
Statoil has donated NOK 5million (£465,000) to assist the Red Cross in its efforts to alleviate the humanitarian crisis in war-torn Syria. That's a substantial donation in anyone's language. There are few industries that are more global than oil and gas. It is also difficult to think of any other business sectors that operate in more challenging environments. Making a commitment such as this is both appropriate and heartening.
Statoil has donated NOK 5million (£465,000) to assist the Red Cross in its efforts to alleviate the humanitarian crisis in war-torn Syria.
Islamic State militants re-entered the historic city of Palmyra in central Syria on Saturday for the first time since they were expelled by Syrian and Russian forces nine months ago.
Footage revealed by the Russian Ministry of Defence has shown airstrikes carried out by Russian fighter jets against illegal oil facilities.