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Syrian Petroleum Company

Syrian Petroleum Company

Organization Company

Syria's state-owned oil company, recently involved in agreements with Chevron for oil and gas exploration.

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About

The Syrian Petroleum Company is the state-owned oil company of Syria. Recent news highlights its potential role in regional energy dynamics and its engagement with international companies. It's newsworthy due to Chevron signing an initial agreement in February 2026 to explore oil and gas work in Syria, following the Syrian government's seizure of key oil and gas fields in the north. This development is significant as it suggests a potential shift in Syria's energy sector and its relationship with international energy companies. Furthermore, the company's activities are relevant in the context of regional energy dependencies, particularly concerning gas exports from Israel to neighboring Arab states, including potentially Syria and Lebanon.
Last updated: May 6, 2026