Thirty days has passed between the date of the submission of the regime’s budget to the People's Assembly and its final approval on Tuesday. However, as the Syrian Pound plummeted to an all-time low, the budget suffered around a $1 billion drop. On October 27, the People's Assembly was...

(Zaman Al Wasl)- In an effort to improve oil and gas production in Kurdish-held areas, the US-led Syrian Democratic Forces is building a new power plant south of the Jbeissa oil and gas field in northeastern Hasaka province. A source provided Zaman al-Wasl with aerial photographs of the...

The semi-autonomous Kurdistan Region of Iraq could start delivering 250,000 barrels per day (bpd) of oil to the Baghdad federal government by early 2020, Iraq's oil minister said. The oil would be delivered to state oil marketer SOMO which would export it via pipeline through the...

Kuwait plans to increase crude oil exports to China to more than 600,000 barrels per day (bpd) in 2020, state news agency KUNA reported on Saturday, citing Kuwait Petroleum Corp’s Deputy Managing Director for Global Marketing Sheikh Khalid Al-Sabah. The agency did not specify the current...