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Tag Archives: Islamic State

AP Exclusive: Iraq oil fires could jeopardize Mosul mission

Iraq fires

WASHINGTON (AP) — A fire at one of Iraq’s major oil fields could hinder military and humanitarian efforts as operations to recapture the Islamic State stronghold of Mosul get underway. Black smoke continues to billow into the air from the Qayara oil field, damaged by IS militants last month as they fled the town, creating health risks for civilians and ...

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Fires rage at Libyan oil ports after Islamic State attacks

Firefighters battle a fire early Friday, Jan. 23, 2015 in Homestead, Pa. At least one of the five buildings that caught fire collapsed after the fire was reported about 4:30 a.m. Homestead Mayor Betty Esper says the fire is devastating to the borough's downtown. The community of 3,100 residents is about six miles from downtown Pittsburgh. No injuries have been reported. (AP Photo/Pittsburgh Post-Gazette, Darrell Sapp) MAGS OUT; NO SALES; MONESSEN OUT; KITTANNING OUT; CONNELLSVILLE OUT; GREENSBURG OUT; TARENTUM OUT; NORTH HILLS NEWS RECORD OUT; BUTLER OUT

BENGHAZI, Libya (Reuters) – Three days of Islamic State attacks on Libya’s biggest oil terminals have started fires that have spread to five massive oil storage tanks, a guards spokesman said on Wednesday. Ali al-Hassi said the Petroleum Facilities Guards were still in control of the neighboring ports of Es Sider and Ras Lanuf, where at least nine guards were ...

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Oil rises to $66 on U.S. inventory drop, Iraq


LONDON – Oil rose for a second day on Thursday and briefly reached $66 a barrel, supported by expectations that a global supply glut is starting to ease and by fighting in Iraq. The U.S. government’s supply report on Wednesday showed crude inventories declined for a third week. Stockpiles had been at record levels due to excess supply, raising concern ...

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US says IS head of oil operations killed in US raid in Syria

BEIRUT — 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 team of Delta Force commandos slipped across the border from Iraq under cover of darkness Saturday aboard Black Hawk helicopters and ...

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Oil prices rise on Middle East fighting; OPEC output in focus

SINGAPORE – Oil prices rose on Monday following fighting in Iraq and Yemen, but Iranian comments that OPEC was unlikely to cut output as well as signs of strengthening U.S. production capped gains. Front-month Brent futures <LCOc1> were up 1 percent, or 65 cents, at $67.46 a barrel by 11.54 a.m. ET. U.S. crude <CLc1> rose 79 cents to $60.48. ...

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US plays down IS militants’ gains in Iraq

WASHINGTON — Despite major new setbacks in Iraq, the U.S. military command leading the fight against Islamic State militants insisted Friday that its strategy is working and that the militants’ takeover of a key oil refinery and a government compound are fleeting gains feeding an IS propaganda machine. “We believe across Iraq and Syria that Daesh is losing and remains ...

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Iraqi refinery may be destroyed in battle to save it

BAGHDAD – Islamic State militants have dug trenches around natural gas and hydrogen tanks at Iraq’s largest refinery, raising the stakes in a battle where the price of victory may be the refinery itself. The Baiji refinery remains contested despite more than 300 coalition air strikes in the vicinity since the Islamist insurgents overran the area last June. The militants ...

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IS claims responsibility for Texas cartoon attack

CAIRO — The Islamic State group claimed responsibility on Tuesday for a weekend attack at a center near Dallas, Texas, that was exhibiting cartoon depictions of the Prophet Muhammad — though it offered no evidence of a direct link to the attackers. An audio statement on the extremist group’s Al Bayan radio station said that “two soldiers of the caliphate” ...

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Iraq oil minister says crude exports to hit record in April

WASHINGTON – Iraq’s oil minister said on Wednesday his country’s oil exports should hit a record of about 3.1 million barrels per day in April as output from the country’s southern fields stays strong and weather conditions improve. “In April if nothing disturbs exportations we will hit 3.1 (million barrels per day) Oil Minister Adel Abdel Mehdi told reporters. Iraq’s ...

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Iraq’s February oil exports below planned level for IS fight

BAGHDAD — Iraq’s oil exports for last month were below planned levels, the country’s Oil Ministry said Wednesday, depriving the nation of badly needed funds for its battle against the Islamic state group. Crude exports in February averaged 2.596 million barrels a day — almost a million barrels less than planned. The exports grossed about $3.402 billion, based on an ...

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