Syria taps energy majors to explore for trillions of cubic meters of gas with the state oil chief noting that Chevron (CVX), ConocoPhillips (COP) and TotalEnergies (TTE FP) and Eni (ENI IM) are interested in exploration, according to FT
Newsquawk Staff ·
Syria taps energy majors to explore for trillions of cubic meters of gas with the state oil chief noting that Chevron (CVX), ConocoPhillips (COP) and TotalEnergies (TTE FP) and Eni (ENI IM) are interested in exploration, according to FT.
What it means
Syria's engagement with major energy firms signifies a potential shift in the energy landscape amidst ongoing geopolitical tensions. The interest from companies like Chevron, ConocoPhillips, TotalEnergies, and Eni could indicate possible new supply sources, impacting global energy markets and pricing dynamics. Traders should monitor reactions in energy equities and commodities, particularly gas and oil prices, as developments unfold.
Sources
- Dutch PM says no European ally is willing to buy Russian crude
- US EQUITY OPEN: Indices rangebound ahead of FOMC and major earnings
- Al-Mayadeen correspondent in Iran says Iranian officials believe that Trump wants to bring the nuclear issue into the negotiations, which Iran rejects
- US Midterms (6 days out): Florida flips to a Republican early-vote lead and Kansas narrows further; Crystal Ball shifts House and Senate races towards Democrats
- Phillips 66 (PSX) Q3 2026 (USD): Adj. EPS 14.08 (exp. 11.73)
Related headlines
- Ukrainian President Zelensky says negotiations between Ukraine, Russia and the US could take place as early as November 10th2 hours ago
- Israeli election results show Netanyahu's bloc with 53 seats, Eisenkot's bloc with 47 and Arab parties with 19, following the counting of all votes excluding double-envelope ballots, i24 reports2 hours ago
- Atomic Energy Organization of Iran Spokesman says protocol for building small reactors with Russia is being finalized3 hours ago
- T-Mobile (TMUS) CEO to step down from the board2 hours ago
- ADNOC reportedly informed some Asian refiners that it may begin delivering Upper Zakum crude via a new pipeline to the Fujairah terminal in early 2027, allowing shipments to bypass the disrupted Strait of Hormuz, according to Bloomberg57 min ago
- US White House says the oil agreement with Venezuela will deliver a total of 65bln barrels2 hours ago
- Syria and Iraq discuss exporting Iraqi oil via the Baniyas pipeline2 hours ago
- UAE’s Sharjah temporarily closes all its beaches as a precautionary measure after an oil spill, according to a statement3 hours ago
- UK Budget, 28th October 2026: An uneventful budget expected, but the reaction risks are skewed negative3 hours ago
- Satellite imagery indicates significant damage to the main refining unit at Saudi Arabia's Ras Tanura (550k BPD) refinery following a strike by Yemeni armed forces, leaving the unit inoperable, Fars reports2 hours ago
- Rosatom says they will raise the number of construction workers at Iran's Bushehr nuclear power plant to 200 in November, reports Al Mayadeen3 hours ago
- Iranian Parliament Speaker Ghalibaf says Iran will respond to any act of aggression in a way beyond imagination4 hours ago
- Stellantis (STLAM IM) earnings call summary: Co. firmly believes will beat initial goal of EUR 2.4bln cost savings in 20272 hours ago
- Mercedes-Benz Group (MBG GY) CEO says the Co. is preparing a broader strategy update covering 2030 and beyond, with China remaining a core pillar of its long-term plans4 hours ago
- Senior US Treasury trade official Eric Ettorre will leave to join Netflix (NFLX), reports Axios2 hours ago