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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 move comes as the government prepares for an IPO of the state-owned oil company.
September 3rd, 2019 - 09:00 GMT

Saudi Arabia Assigns New Chairman for Aramco

The average sale price in August was $56.77 a barrel, generating about $6.341 billion in revenue
September 3rd, 2019 - 06:35 GMT

Iraq's Oil Exports Soar to 3.6 Million bpd in August

Saif Humaid Al Falasi, Group Chief Executive Officer of ENOC
September 2nd, 2019 - 09:15 GMT

ENOC Group Unveils ENOC Link and Beema, Its First Accelerator-Related Digital Ventures

39.6 million barrels auctioned with $17.3 million of premiums generated
September 1st, 2019 - 10:34 GMT

DME Auctions: November Oman Cargo Sold at Osp +$0.18

Aramco began life in the 1930s as a US-Saudi venture.
September 1st, 2019 - 10:14 GMT

Saudi Aramco Board Raises Concerns Over New York Share Sale

Trump pulled his country out of JCPOA in May last year and launched the “maximum pressure” against the Islamic Republic, re-imposing the sanctions lifted under the agreement.
September 1st, 2019 - 09:02 GMT

Iran: US Showing 'Some Flexibility' on Iranian Oil Sales

Asia Pacific solar energy storage market is anticipated to exceed 40 per cent by 2025.
August 29th, 2019 - 06:42 GMT

Solar Energy Storage Market to Grow Over 35 Percent by 2025

A first exploration well is scheduled to be drilled in the first half of next year.
August 28th, 2019 - 11:45 GMT

Qatar to Enter Exploration Blocks in Namibia

Saif Humaid Al Falasi, Group Chief Executive Officer of ENOC
August 28th, 2019 - 10:33 GMT

ENOC Group Signs Agreement with IMS Oil Trading LTD. for the Supply of Marine Lubricants and Tankers

During the event
August 28th, 2019 - 08:32 GMT

Oman Oil Marketing Company Raises Road Safety Awareness in Buraimi

Offshore Jackup Drilling Rig in the Gulf Of Suez.
August 28th, 2019 - 07:06 GMT

Egypt Expands Oil, Gas Drilling in Gulf of Suez

Netanyahu is fighting for reelection in a potentially tough general election on 17 September with critics from his right-wing power base calling for tougher action against the Islamist Hamas.
August 27th, 2019 - 09:46 GMT

Netanyahu Slashes Gaza Oil Imports by Half

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