Oil Field In Syria

When the Islamic State advanced in Syria and Iraq in 2014, its fighters looted banks, took over oil fields and kidnapped foreigners, seemingly without facing much resistance. But fortunes have changed, and the caliphate is now in deep financial trouble, according to a new study.

Islamic State has cut its fighters' salaries by 50 percent in Syria as air strikes continue to target oil fields, supply lines and cash stores, affecting its revenue streams, The Independent reported.

Islamic State is looking at potentially vulnerable oil assets in Libya and elsewhere outside its Syria stronghold, where the militant group controls about roughly 80 percent of the oil and gas fields, a senior U.S. official said on Tuesday.

British bombers made their first strikes on ISIS in Syria today, hitting oil fields that Prime Minister David Cameron says are being used to fund attacks on the West.

Islamic State fighters have seized the last major oilfield under Syrian government control during battles over a vast central desert zone, a group monitoring the conflict said on Monday.

Islamic State group jihadists have attacked an oil and gas field in Syria, killing at least 30 pro-regime gunmen and security guards, a monitoring group said on Wednesday.

In an oil field in northeastern Syria, a queue of trucks lines up daily to load crude sold cheaply by Islamic State militants who have hijacked parts of the country's energy industry in their bid to build a caliphate.

Across the broad swath of territory it controls bridging Syria and Iraq, extremist militants from the group known as the Islamic State have proven to be highly organised administrators. Flush with cash, they fix roads, police traffic, administer courts, and have even set up an export system of smuggled crude from oil fields they control.

The jihadist Islamic State (IS) now fully controls all of Syria's main oil and gas fields in Deir Ezzor province bordering Iraq, a monitoring group said on Friday.

Norwegian trade unions said they would decide on Friday whether to escalate the strike that has involved 700 offshore workers over a pension issue.

When the Islamic State advanced in Syria and Iraq in 2014, its fighters looted banks, took over oil fields and kidnapped foreigners, seemingly without facing much resistance. But fortunes have changed, and the caliphate is now in deep financial trouble, according to a new study.

Islamic State has cut its fighters' salaries by 50 percent in Syria as air strikes continue to target oil fields, supply lines and cash stores, affecting its revenue streams, The Independent reported.

Islamic State is looking at potentially vulnerable oil assets in Libya and elsewhere outside its Syria stronghold, where the militant group controls about roughly 80 percent of the oil and gas fields, a senior U.S. official said on Tuesday.

British bombers made their first strikes on ISIS in Syria today, hitting oil fields that Prime Minister David Cameron says are being used to fund attacks on the West.

Islamic State fighters have seized the last major oilfield under Syrian government control during battles over a vast central desert zone, a group monitoring the conflict said on Monday.

Islamic State group jihadists have attacked an oil and gas field in Syria, killing at least 30 pro-regime gunmen and security guards, a monitoring group said on Wednesday.

In an oil field in northeastern Syria, a queue of trucks lines up daily to load crude sold cheaply by Islamic State militants who have hijacked parts of the country's energy industry in their bid to build a caliphate.

Across the broad swath of territory it controls bridging Syria and Iraq, extremist militants from the group known as the Islamic State have proven to be highly organised administrators. Flush with cash, they fix roads, police traffic, administer courts, and have even set up an export system of smuggled crude from oil fields they control.

The jihadist Islamic State (IS) now fully controls all of Syria's main oil and gas fields in Deir Ezzor province bordering Iraq, a monitoring group said on Friday.

Norwegian trade unions said they would decide on Friday whether to escalate the strike that has involved 700 offshore workers over a pension issue.