[size=36]Official: The Biden administration has terminated the work of a US oil company in Syria that Trump had authorized[/size]
Economie| 11:53 - 5/27/2021
Follow-up - Mawazine News
The Associated Press quoted an informed source as saying that US President Joe Biden has terminated the work of the US oil company, Delta crescent Energy, in Syria, which his predecessor, Donald Trump, had approved.
A US official who spoke to the agency said today, Thursday, that the Biden administration has decided that it will not renew the exemption that allowed "Delta Crescent Energy" to operate in northeastern Syria under Trump's pledge to "maintain oil production" in the region.
Trump's message of "preserving oil production" was no longer the foreign policy of the United States under the Biden administration, and the use of the US military to facilitate Syrian oil production was considered inappropriate, according to the official, who was not authorized to discuss the decision publicly and spoke on condition of anonymity.
And US Treasury Department rules prohibit most American companies from doing business in Syria.
The waiver was issued for the company in April 2020, months after Trump announced his desire to keep some US forces in the oil-rich region to keep control of profits from it.
The company was founded in 2019 by James Cain, the US ambassador to Denmark under President George W. Bush, James Rees, a retired Army Delta Force officer, and John Dorrier Jr., a former executive at Gulf Sand Petroleum, based in the United Kingdom.
Northeastern Syria is the center of what remains of the oil industry in Syria. The region is in disarray, but it remains one of the main revenue sources for the Kurdish-led Autonomous Administration there.
Trump approved at the end of 2019 a plan to withdraw his country's forces previously deployed in Syria, but he later decided, as a result of pressure by members of his administration, to keep 900 soldiers to ensure US control of the oil fields that were seized in the Al-Jazeera region.
Trump's message of "preserving oil production" was no longer the foreign policy of the United States under the Biden administration, and the use of the US military to facilitate Syrian oil production was considered inappropriate, according to the official, who was not authorized to discuss the decision publicly and spoke on condition of anonymity.
And US Treasury Department rules prohibit most American companies from doing business in Syria.
The waiver was issued for the company in April 2020, months after Trump announced his desire to keep some US forces in the oil-rich region to keep control of profits from it.
The company was founded in 2019 by James Cain, the US ambassador to Denmark under President George W. Bush, James Rees, a retired Army Delta Force officer, and John Dorrier Jr., a former executive at Gulf Sand Petroleum, based in the United Kingdom.
Northeastern Syria is the center of what remains of the oil industry in Syria. The region is in disarray, but it remains one of the main revenue sources for the Kurdish-led Autonomous Administration there.
Trump approved at the end of 2019 a plan to withdraw his country's forces previously deployed in Syria, but he later decided, as a result of pressure by members of his administration, to keep 900 soldiers to ensure US control of the oil fields that were seized in the Al-Jazeera region.
» Water Resources implements a "major" campaign to address water scarcity and completes the 300-well p
» Rumaila oil field and associated gas at the discussion tables in London and Paris
» Government Adviser: Counts the benefits of rising Iraq's reserves of the dollar
» Al-Kazemi: Iraq has become one of the most important countries in the Middle East in terms of econom
» The Minister of Finance acknowledges the "difficulty" of building industrial cities in Iraq: the exi
» A slight decrease in gold prices in the Iraqi markets
» Foreign remittances from the dollar in the bank auction increased by 90%
» Labor sets the national employment policy
» The federal government threatens to take measures towards the region
» Al-Maliki and his allies acknowledge the failure of the Al-Sadr containment strategy and agree to en
» "Frameworkers" are trying to convince the opponents within the bloc to stay Al-Kazemi for a longer t
» 120 deputies sign to withdraw the hand of the Minister of Industry: 24 corruption files and trillion
» Alia Nassif renews her demand for the dismissal of the Minister of Transport.. She asserts: His rema
» The resignation of the Minister of Natural Resources in the Kurdistan government
» A member of Parliamentary Finance talks about appointments, salary scale, and taxes
» Azem clarifies its position on the law rejecting normalization with the Zionist entity
» The judiciary is discussing with the Ministry of Electricity the legal solutions to the problems fac
» Al-Kazemi: The government has performed its duties, and we have succeeded in overcoming many challen
» Al-Zamili: The failure to obtain a political agreement between the blocs does not mean disrupting th
» Al-Rasheed Bank launches a new meal of advances for three categories
» Oil prices continue to rise cautiously
» Dollar exchange rates against the dinar
» Oil: discussions to raise the production of the Rumaila field to one million and 700 thousand barrel
» The Parliamentary Oil and Gas Committee decides to host the Minister of Oil and his agents next week
» To expedite the implementation of gas investment contracts... The Minister of Oil meets the CEO of T
» The Ministry of Labor decides to grant a gift of 100,000 dinars to insured retirees
» Iran: We made progress in recent talks with Saudi Arabia in Baghdad
» Dollar exchange rates in Iraq
» The UN Security Council between Baghdad and Erbil to resolve the oil dispute
» I warned of a new "October" .. Bloc: Rerunning the elections is in the interest of the people on con
» Baghdad awaits "white smoke" from Erbil.. Kurdish understandings are a Trojan horse to end the polit
» 120 deputies sign to withdraw the hand of the Minister of Industry: 24 corruption files and trillion
» Al-Kazemi: Iraq has become one of the most important countries in the Middle East in terms of econom
» Al-Zamili: The absence of a political agreement does not mean that the work of Parliament will be di
» "Severe penalties"... Disclosure of the most prominent contents of the "Prohibition of Normalization
» The Ministry of Oil announces the final statistics of oil exports for the month of April
» Iraq.. is subject to this condition.. Parliamentary Finance denies knowing the most important featur
» Washington's new ambassador to Baghdad sets out the first tasks she will perform in Iraq ,
» In The Document.. Al-Zamili Calls For Allocating An Amount In The “Food Security” Law To Convert Lec
» Parliament Will Host The Minister Of Education Next Week
» The Central Bank: The banking sector has withstood great challenges and witnessed positive growth
» Central Bank Governor: We will continue to support the banking sector to develop the Iraqi economy
» In The Presence Of Blackshart.. The Start Of The National And Democratic Meeting At The Headquarters
» The Housing Fund confirms the continuation of granting loans and warns against commentators
» Mulla Bakhtiar: President Nechirvan Barzani's initiative is important, and whoever reduces concerns
» He denounced the threats against Kurdistan .. the Iraqi Ummah Party: Its goal is to prevent the regi
» The framework talks about “surprises” and studies the renewal of Al-Kazemi in exchange for “guarante
» Al-Kazemi and his Bulgarian counterpart exchange invitations to visit Baghdad and Sofia
» The Council of Ministers issues “electrical” decisions and “water” recommendations and conducts an i
» Document.. The Iraqi parliament allocates its next session to vote on a law banning normalization wi
» Al-Kifah and Al-Harithiya close at a decrease in the exchange rate of the dollar
» Al-Rasheed Bank launches a new meal from an advance of 5 and 10 million dinars
» Davos leaders: Food crisis could lead to trade war
» For the second day.. gold prices stabilize in the Iraqi markets
» With revenues amounting to 10 billion dollars .. Oil announces its final exports for the month of la
» 24,000 random housing units: the deputy governor holds the Minister of Interior responsible for hous
» Education for the World Bank: Evaluating education is not your business
» Oil Minister: We signed contracts to produce 2,500 megawatts
» Experts call for an increase in marine fishing operations in territorial waters
» Erbil is “threatened” in conjunction with a Kurdish-Kurdish agreement, and the security of Kurdistan
» Al-Sadr is preparing to lead a resounding demonstration similar to the October uprising
» An oil official: Most of the southern fields produce associated gas
» Ali Allawi: Cash reserves will reach more than 90 billion dollars by the end of this year
» The rise in oil prices is supported by a lack of supplies and the possibility of increasing demand
» The rise in the price of the dollar in the local markets
» Rising food prices... Sanctions against these traders
» Oil prices are rising again
» The vote on “banning normalization” includes the agenda of Thursday's session
» Expectations to resolve the presidential file soon!
» Al-Sadr's deadline is in a countdown... and there are no signs of a consensual government
» After rejecting its governmental version, the Food Security Law returns to the front of the parliame
» The Agriculture Committee holds a meeting to discuss the summer plan for this season
» The Parliamentary Regions and Governorates Committee discusses the emergency support law proposal
» Parliamentary meeting to discuss mechanisms for implementing the instructions of the Teacher Protect
» Within a day.. the Central Bank of Iraq sells more than 220 million dollars in a currency auction
» Deputy: 80% of Iraq's factories have turned into "scrap iron".. 3 reasons behind the disaster - Urge
» PARLIAMENTARY LEGAL INCLUSION OF LECTURERS AND ADMINISTRATORS TO RESOLUTION 315 WITHIN THE 2022 BUDG
» Iraq Promises Iran To Pay Gas Debts Soon, And Tehran Offers Its Services To Solve The Problem Of Des
» The Council of Ministers holds its session headed by Al-Kazemi
» The Finance Committee sends an invitation to members of the House of Representatives regarding the p
» Parliamentary law sets the date for voting on the law criminalizing normalization with the Zionist e
» KTFA Members "News and Views" Monday Afternoon 5-23-2022
» Monday Night KTFA CC with Frank26 "Bird of Paradise: 5-23-2022
» Al-Bayati: The Kurdish House Will Join Any Coalition That Guarantees Its Interests... The Breakthrou
» A Deputy Calls For An Emergency Meeting After The “Al-Islah” Massacre.. 3 Big Question Points
» Al-Bolani Talks About “Agreement Week” To Produce A New Political Plan
» Calls To Open The File Of The Al-Halbousi Party’s Wealth: Its Headquarters In Baquba Is Worth One Bi
» Frustration Hits The Trio After 7 Months Of Failing To Achieve His Ambitions
» Al-Halbousi's Competitors Sneak Through The Parliament's Back Door And Signals Of Dismissal Are Eman
» Political Activist: Al-Halbousi Acquired Nineveh's Money And Transferred It To Anbar
» Al-Zobaie: Al-Halbousi's Behavior Will Lead Him To Dismissal Soon
» Deputy: Unemployment Reaches A Critical Point, The Most Dangerous After 2003
» Deputy: Unemployment Reaches A Critical Point, The Most Dangerous After 2003
» Economist: Oil Prices Will Continue To Rise, And Iraq Faces An Opportunity For Urban Development
» Al-Zanki: The Government Has Abandoned Its Role In Curbing Price Hikes
» With the participation of more than 200 companies .. Erbil hosts an international exhibition for bui
» Lebanese banks in Baghdad withdraw voluntarily
» Kurdistan Islamic Union of Maliki: The problems between Baghdad and Erbil require a quick solution