Iraq to form special ‘oil army’ to fend off ISIS threat
Iraq is mobilizing a 27,000 strong army of security personnel to protect its oil and energy facilities from attacks by Islamic State insurgents.
Iraq is mobilizing a 27,000 strong army of security personnel to protect its oil and energy facilities from attacks by Islamic State insurgents.
In a rare ground attack deep into Syria, U.S. Army commandos killed a man described as the Islamic State’s head of oil operations, captured his wife and rescued a woman whom American officials said was enslaved.
A U.S. delegation will visit Iran to review energy investment opportunities while Tehran negotiates a final deal with world powers on its nuclear programme, a senior oil ministry official told Mehr news agency on Monday.
U.S. officials are still trying to interpret Iran’s actions and intentions in one of the world’s most important waterways.
Billionaire oilman Harold Hamm questioned Tuesday how the U.S. government could consider lifting sanctions that would allow Iran to export oil, while keeping a decades-old ban in place prohibiting American energy companies from selling domestic crude on the world market.
The ISIS-run Al-Bayan station also reported that an attempt by Iraqi troops to advance on the Beiji oil refinery in Salahuddin province, about 250 kilometers (115 miles) north of Baghdad, was pushed back.
Russia paved the way on Monday for missile system deliveries to Iran and started an oil-for-goods swap, signaling that Moscow may have a head-start in the race to benefit from an eventual lifting of sanctions on Tehran.
PUMP has left the movie theaters and is now available from online outlets. If government and commercial fleet managers, as well as ordinary consumers, see how easy it is to switch, America could be swept by a sea-change reduction in our dependence on foreign oil.
As Iran and the U.S. enter 11th-hour negotiations to reach a nuclear deal and ease sanctions, the Middle Eastern country is re-emerging as a potential prize for Western oil companies such as BP, Royal Dutch Shell Plc, Eni SpA and Total SA. The Chinese can also be expected to enter the race, while U.S. companies, more burdened by sanctions and legacy, will be further down the pack.
If there’s one image that lingers after viewing the documentary “The Burden,” it’s the ubiquitous shots of troops — from every service in every theater — trudging around with massive fuel hoses over their shoulders.