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Oil and Renewables

Oil and Renewables latest

Iran gas cutoff knocks up to 4,500 MW off Iraq’s power grid
December 24th, 2025 - 07:48 GMT
Dr. Mansour Al-Maswari

Mansour Al-Maswari

Iran gas cutoff knocks up to 4,500 MW off Iraq’s power grid

ALBAWABA- Iraq faces major energy shock as Iran halts gas exports, slashing up to 4,500 MW from national grid Iraq’s power sector was hit hard after Iran suspended all natural gas exports, wiping out 4,000 to 4,500 megawatts from the national grid and exposing the fragility of the country’s already overburdened electricity system. Spokesman Ahmed Moussa said Baghdad received an official notification from Tehran citing “extraordinary circumstances,” prompting the shutdown ...
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The kingdom will achieve 11 million barrels per day (bpd) capacity by the end of September
September 18th, 2019 - 05:57 GMT

Saudi Arabia Committed to Fully Restore Oil Production by Month-End

The oil output to international markets is back to what it was before the attack
September 18th, 2019 - 05:57 GMT

Saudi Arabia Committed to Fully Restore Oil Production by Month-End

With the oil cartels market share of the world’s production now tumbling below one-third, there are signs Opec’s significance in global markets is waning.
September 17th, 2019 - 12:30 GMT

What Will Happen to Oil Markets After the Attacks on Saudi Facilities?

Prices are likely to break out of the current $55-65 a barrel options range, to test the high of $70s as currently supported by fundamentals
September 17th, 2019 - 06:30 GMT

Oil May Hit $75 Level If Saudi Outage Prolongs for More Than Six Weeks

Iraq partly fills its power shortages by importing both electricity and natural gas from Iran.
September 16th, 2019 - 01:00 GMT

Iraq, GCCIA Sign Deals to Transmit Electricity

During the event
September 16th, 2019 - 09:44 GMT

Octal Wins ‘Financing Deal of the Year’ Award at Alam Al-Iktisaad Wal a’Mal Business Awards

The company is currently working on evaluating the final effects to determine the financial impact.
September 16th, 2019 - 09:00 GMT

4 Major Saudi Petchem Groups Cut Feedstock Supplies After Attack

Trump authorised the release of US supplies from its Strategic Petroleum Reserve
September 16th, 2019 - 07:30 GMT

Oil Prices Soar Due to Slashing Saudi Output by Half After Attack

Major buyers of Saudi crude in the region are unlikely to press the panic button just yet
September 16th, 2019 - 06:30 GMT

Oil Projected to Hit $80 per Barrel After the Attack on Saudi Arabia

Russia claims there could be as much as $35 trillion worth of untapped oil and natural gas in its Arctic region.
September 15th, 2019 - 11:30 GMT

World’s First Floating Nuclear Plant Arrives to Russia

In addition Iran wants investment in its oil sector, to the tune of hundreds of billions.
September 15th, 2019 - 11:00 GMT

Iran Demands for Waivers to Export Oil After Attacks on Saudi Arabia

Aramco’s industrial security teams have controlled the blazes and their spread in Aramco’s two facilities were limited
September 15th, 2019 - 10:00 GMT

Aramco Cuts Output by 5.7 Million bpd Due to Attack

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