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Tag Archives: ISIL

ESAI: Libyan production will not recover

Libyan oil, desert

Intelligence Briefing Libya is the latest front in the West’s campaign against the self‐proclaimed Islamic State (also known as ISIS or ISIL). The recent U.S. air strikes, press reports of the French aircraft carrier moving to waters off of Libya, and the quickly rumored and just as quickly knocked‐down discussion of Italian troops going to Libya has only highlighted the ...

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Officials: Militants blow up natural gas pipeline in Egypt

EL-ARISH, Egypt (AP) — Security officials in Egypt say suspected Islamic militants have blown up a natural gas pipeline outside el-Arish, the provincial capital of North Sinai. The officials say authorities stopped the flow of the gas to extinguish the fire after the blast, which happened early Sunday morning. No group immediately claimed the attack. However, Ansar Beit al-Maqdis, or ...

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Official: Fighting in Iraq delays Iran gas exports

TEHRAN, Iran (AP) — The fighting between Iraqi troops and Islamic State militants will delay even further the planned start of Iranian natural gas exports to neighboring Iraq, Iran’s oil minister was quoted as saying Wednesday. Oil Minister Bijan Zanganeh said the pipeline, which is still under construction on the Iraqi side, goes partly through territory now controlled by the ...

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Shares, dollar tumble as U.S. authorizes air strikes in Iraq

Chuck Mikolajczak | Reuters LONDON – World shares and the dollar tumbled on Friday and oil and gold jumped after U.S. President Barack Obama authorized targeted air strikes in Iraq, raising worries of another drawn-out conflict in the region. It came as fighting also resumed in Gaza between Palestinian militants and Israel and with NATO’s calls for Russia to “step ...

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Iraqi leader says Islamic state threatens region

Sinan Salaheddin and Sameer N Yacoub | Associated Press BAGHDAD (AP) — An extremist group’s declaration of an Islamic state in territory it has seized in Iraq and Syria poses a threat to the entire region, Iraq’s prime minister warned Wednesday, saying that “no one in Iraq or any neighboring country will be safe from these plans.” The Islamic State ...

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Obama: Collaborative effort is key in Iraq

obama speaking

Marissa Hall | Shale Plays Media The conflict in northern Iraq has everyone on the edge of their seats. The level of chaos has risen steadily in the past week, causing apprehension about returning to war and anxiety over the potential for oil to be driven to $200/barrel. With much of northern Iraq under the control of the Islamic State ...

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Iraqi oil refinery in flames (VIDEO)

baiji refinery fire

Marissa Hall | Shale Plays Media The conflict in northern Iraq has escalated quickly in the past week as the Islamic State of Iraq and the Levant (ISIL) continues to antagonize the region. Concern has risen high enough for BP to evacuate 20% of its employees at this point and Exxon has evacuated all of its employees. ISIL has taken ...

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