• 35 mins Oil Production Cuts Taking A Toll On Russia’s Economy
  • 3 hours Aramco In Talks With Chinese Petrochemical Producers
  • 4 hours Federal Judge Grants Go-Ahead On Keystone XL Lawsuit
  • 5 hours Maduro Names Chavez’ Cousin As Citgo Boss
  • 12 hours Bidding Action Heats Up In UK’s Continental Shelf
  • 17 hours Keystone Pipeline Restart Still Unknown
  • 21 hours UK Offers North Sea Oil Producers Tax Relief To Boost Investment
  • 23 hours Iraq Wants To Build Gas Pipeline To Kuwait In Blow To Shell
  • 1 day Trader Trafigura Raises Share Of Oil Purchases From State Firms
  • 1 day German Energy Group Uniper Rejects $9B Finnish Takeover Bid
  • 1 day Total Could Lose Big If It Pulls Out Of South Pars Deal
  • 1 day Dakota Watchdog Warns It Could Revoke Keystone XL Approval
  • 2 days Oil Prices Rise After API Reports Major Crude Draw
  • 2 days Citgo President And 5 VPs Arrested On Embezzlement Charges
  • 2 days Gazprom Speaks Out Against OPEC Production Cut Extension
  • 2 days Statoil Looks To Lighter Oil To Boost Profitability
  • 2 days Oil Billionaire Becomes Wind Energy’s Top Influencer
  • 2 days Transneft Warns Urals Oil Quality Reaching Critical Levels
  • 2 days Whitefish Energy Suspends Work In Puerto Rico
  • 2 days U.S. Authorities Arrest Two On Major Energy Corruption Scheme
  • 3 days Thanksgiving Gas Prices At 3-Year High
  • 3 days Iraq’s Giant Majnoon Oilfield Attracts Attention Of Supermajors
  • 3 days South Iraq Oil Exports Close To Record High To Offset Kirkuk Drop
  • 3 days Iraqi Forces Find Mass Graves In Oil Wells Near Kirkuk
  • 3 days Chevron Joint Venture Signs $1.7B Oil, Gas Deal In Nigeria
  • 3 days Iraq Steps In To Offset Falling Venezuela Oil Production
  • 3 days ConocoPhillips Sets Price Ceiling For New Projects
  • 6 days Shell Oil Trading Head Steps Down After 29 Years
  • 6 days Higher Oil Prices Reduce North American Oil Bankruptcies
  • 6 days Statoil To Boost Exploration Drilling Offshore Norway In 2018
  • 6 days $1.6 Billion Canadian-US Hydropower Project Approved
  • 6 days Venezuela Officially In Default
  • 6 days Iran Prepares To Export LNG To Boost Trade Relations
  • 6 days Keystone Pipeline Leaks 5,000 Barrels Into Farmland
  • 6 days Saudi Oil Minister: Markets Will Not Rebalance By March
  • 7 days Obscure Dutch Firm Wins Venezuelan Oil Block As Debt Tensions Mount
  • 7 days Rosneft Announces Completion Of World’s Longest Well
  • 7 days Ecuador Won’t Ask Exemption From OPEC Oil Production Cuts
  • 7 days Norway’s $1 Trillion Wealth Fund Proposes To Ditch Oil Stocks
  • 7 days Ecuador Seeks To Clear Schlumberger Debt By End-November
New Battery Design Could Crush Tesla

New Battery Design Could Crush Tesla

Elon Musk’s old rival, Henrik…

Europe’s Toxic Radiation Cloud Remains A Mystery

Europe’s Toxic Radiation Cloud Remains A Mystery

Last month’s mysterious radiation cloud…

Russia Heralds In End Of Syrian Civil War In Favor Of Moscow

Sergei Shoigu

Russian Defense Minister, Sergei Shoigu, celebrated the lasting reign of Syrian President, Bashar Al Assad, during a speech to parliament on Wednesday, according to INTERFAX.

The collapse of the Syrian state has been prevented, the civil war virtually has been stopped, as well as the attempts to change the legal government [in Syria], directed from abroad,” Shoigu said in the statement. “[The Russian military] solved the geopolitical tasks, caused substantial damage to the international terrorist organizations in Syria, disrupted their financial support and the system of their recourses supply.

The minister emphasized the role Turkey has played in identifying and fighting against the rebels. Through the fight between government and opposition forces in Aleppo, 40,000 residents of the city were evacuated with the help of Turkish troops, according to the minister.

At the end of January – right around the inauguration of U.S. President Donald Trump - the Free Syrian Army, one of the main anti-Assad militant groups, took part in peace talks in the Kazakh capital under the oversight of Russian President Vladimir Putin.

Just this week, the FSA hoped that the CIA’s freeze in financial and arms assistance was only temporary and not a sign that the new administration in Washington D.C. is abandoning its moderate rebel allies on the ground in Syria.

Related: Is The Trump Administration About To Rescue The Russian Economy?

Trump has proposed the creation of “safe zones” in Syria for refugees fleeing the violence of the six year civil war. Shoigu acknowledged the proposal but said he awaited “further clarification.”

In principal, we proceed from the fact that such initiatives should take into account the actual situation ‘on the ground’ in Syria, where many players operate [both] with their own ground forces as well as in the airspace,” the minister said. “Designating our understanding of what can be discussed, we expect clarification from Washington.”

By Zainab Calcuttawala for Oilprice.com

More Top Reads From Oilprice.com



Join the discussion | Back to homepage

Leave a comment
  • Theodore Frimet on February 24 2017 said:
    Really? Did they learn nothing from our former President Bush, and his declaration that the Iraq War was over ?

    One of the more promising developments is the continued push for safe zones.

    However, I caution the Russians not to expect any clarification, other than spaghetti over their ears.
  • Truth Teller on February 24 2017 said:
    People at Syria support Govt, the western medias have been lying for many years. US and the West supported the rebel, Russia supports Syria govt, when the people stand behind the govt, govt wins.

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News