Israel grants US Genie exploration rights in Golan Heights
The award raised little protest in Syria, which is enmeshed in a bitter and protracted civil war. But, as Conal Urquhart discovers, Tel Aviv's decision may have far-reaching consequences
The Golan Heights is dotted with the remains of war. Its slopes are covered with mine fields and the rusted hulks of armoured vehicles. The security forces that police it remain on high alert as the Syrian civil war threatens to infiltrate Israeli-controlled territory. Forty miles away in Damascus, president Bashar al-Assad is fighting an insurgency thatthreatens to overrun his capital. He is rarely seen and his hold on power appears precarious. When Israel announced in February it had granted an oil exploration licence to US firm Genie Oil and Gas to drill in the Golan, which Israel has occupied since 1967, Assad said nothing, his government protested weakly and no other country spoke out i
Also in this section
19 January 2026
Newfound optimism is emerging that a dormant exploration frontier could become a strategic energy play and—whisper it quietly—Europe’s next offshore opportunity
16 January 2026
The country’s global energy importance and domestic political fate are interlocked, highlighting its outsized oil and gas powers, and the heightened fallout risk
16 January 2026
The global maritime oil transport sector enters 2026 facing a rare convergence of crude oversupply, record newbuild deliveries and the potential easing of several geopolitical disruptions that have shaped trade flows since 2022
15 January 2026
Rebuilding industry, energy dominance and lower energy costs are key goals that remain at odds in 2026






