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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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Saudi Arabia's Energy Minister Prince Abdulaziz bin Salman speaks during the opening ceremony of the 24th World Energy Congress (WEC) in the UAE capital Abu Dhabi on September 9, 2019. In his first comments since being appointed by his father King Salman, the minister signalled no major change in approach in Saudi Arabia, the de facto leader of OPEC which pumps about a third of the cartel's oil.
September 10th, 2019 - 06:44 GMT

New Saudi Energy Minister to Continue a Similar Policy to That of Al-Falih

Prices climbed for a fourth day running on Monday
September 9th, 2019 - 01:30 GMT

Oil Prices Rise as Saudi Arabia Assigns New Energy Minister

The tanker, loaded with Iranian crude oil, was detained off the coast of Gibraltar by the UK navy in early July
September 9th, 2019 - 11:30 GMT

Iran’s Formerly Detained Tanker Sells Oil at Planned Destination

UAE will support any decision taken in consensus within OPEC
September 9th, 2019 - 10:00 GMT

UAE: Oil Producers Committed to Balancing Market

This investment will be made as a solution for bypassing and circumventing US sanctions by Chinese companies.
September 8th, 2019 - 08:19 GMT

China to Invest $280 Billion in Iran's Oil, Gas Industry

Also, Prince Sultan bin Ahmed bin Abdulaziz Al Saud was appointed as the Saudi ambassador to Bahrain.
September 8th, 2019 - 07:24 GMT

Prince Abdulaziz bin Salman Appointed as Energy Minister In Saudi Arabia

During the event
September 8th, 2019 - 06:27 GMT

Oman Oil Marketing Company and Emdaad Petroleum Services Join Efforts to Deliver Best Quality to All Motorists

During the conversation, they discussed relations between the two countries and aspects of bilateral cooperation
September 7th, 2019 - 04:00 GMT

Saudi Arabia, Iraq Confirm Joint Coordination to Stabilize Oil Markets

Molla also said that the ministry is working to encourage Egyptian companies engaged in research and exploration activities
September 7th, 2019 - 11:00 GMT

Egypt Signs Two Agreements Explore Oil, Gas in Western Desert

ENOC Group intoduces new safety-heavy fuel distribution tankers
September 5th, 2019 - 10:52 GMT

ENOC Group Enhances Safety Standards With the Introduction of High-Tech Fuel Distribution Trucks

More than 200 trucks, 100 from each country, including individually  and corporately-owned trucks, are participating in the transport process, the Energy Ministry said in a statement.
September 5th, 2019 - 09:34 GMT

Jordan Receives the First of Daily Iraqi Oil Shipments

Aramco plans to tell banks later this week or early next week whether they got a role on the offering, the people said.
September 4th, 2019 - 08:00 GMT

Saudi Aramco to Select Underwriters for Its IPO This Week

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