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Amidst a global energy shortage, the three men behind Delta Crescent Energy figured that even oil from a war-torn autocracy was worth exploring. That is, until they became caught in a battle between the Pentagon, the State Department, and the president.
If the Biden administration moves forward with canceling the company’s license, it will need to prepare for increased military and economic pressure in the northeast amid further encroachment by Russian personnel.
More than a year has passed since the announcement of an oil development deal between a little-known American company and governing authorities in northeastern Syria. The months since the deal have seen the Trump administration, which sponsored the agreement, leave office, allowing the new Biden administration to nullify it. However, mystery still surrounds the terms of last year’s agreement, and many questions remain over the identities of the parties involved.
The Inside Story of How Trump ‘Kept the Oil’ in Syria and Lost Kenneth R. Rosen © Provided by The Daily Beast Delil Souleiman/Getty American forces only stayed in Syria to comprehensively defeat ISIS, a spokesman explained; any military presence around the oil fields was purely part of the mission to overcome the so-called Islamic State. Two years later, the remnants of ISIS are diminished, but American troops are still on the ground, still helping to protect that oil. The official stance of the White House, the State Department and the Global Coalition to Defeat the Is...
Biden’s ending of a license for Delta Crescent Energy company would open the door for Russian domination of Syrian oil