Haiji-2 being transported into the Pearl River Mouth Basin sea area for installation on March 25, 2024. [PROVIDED TO CHINA DAILY] CNOOC announced on Monday that its Huizhou 26-6 oil field development ...

For years, the Assad regime has relied on these oil fields for revenue, yet the ongoing conflict has severely hampered production and distribution capabilities. One of the main factors contributing to ...

oil exploration and drilling in the country began in 1933 when the Iraqi Petroleum Company discovered oil fields in Kirkuk, Iraq, which extend to Deir Ezzor in eastern Syria. The first commercial flow ...

The Syrian port of Baniyas was dependent on Iranian fuel supplies and the approximately 60,000 b/d of oil that Tehran was sending to Syria kept the country’s two existing refineries operational.

The HTS fighters said that they will move toward Raqqa and Hasakah and other areas in eastern Syria. On the other ... around control of the Ala Tayyam oil fields, where 5,000 barrels of crude ...

Oil prices were little changed on Tuesday as concerns eased about the fallout from the overthrow of Syria's president while the market found support from Chinese stimulus that could boost demand ...

Syrian media is reporting that Hay'at Tahrir al-Sham-aligned forces have taken control of al-Taym oil field in the Deir Ezzor desert, which produces 5,000 barrels per day. Russian-backed forces ...

ConocoPhillips closed its acquisition of Marathon Oil on time, despite receiving a second request for information from the FTC in July. Editor's note: Through the end of the year, we're taking a ...

Since Western sanctions were imposed in late 2011, Syria has been unable to export oil, having previously been a net exporter. The sector used to account for a significant portion of government ...

The World Bank noted that while oil production was already in decline due to ageing fields, the conflict has significantly accelerated this decrease. Assad's regime lost control of most of Syria’s oil ...

Events in Syria over the weekend could impact the crude market and increase the geopolitical risk premium on oil prices in the weeks and months to come amid yet more instability in the Middle East ...