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Oil and Renewables

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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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Central Bank of Iran will carry out its duties and responsibilities
July 22nd, 2019 - 07:30 GMT

Central Bank of Iran Put the Trade Surplus at $12 Billion

Global demand growth of 0.93 million barrels a day year-on-year in 2019 and 1 million barrels a day during 2020
July 22nd, 2019 - 05:12 GMT

Oil Demand to Remain Subdued Due to Trade War Concerns

Jonas Lindvall, CEO and Managing Director of Maha Energy.
July 21st, 2019 - 11:53 GMT

Oman to Host Key Heavy Oil Experts Addressing Industry Delegates on Latest Technologies and Sustainable Solutions

The Saudi government is tasked to repay the money for keeping the ship without any reasons for about 80 days.
July 21st, 2019 - 08:00 GMT

Saudi Arabia Releases Iranian ‘Happiness’

Iran has seen its crude oil refining capacity increase.
July 21st, 2019 - 07:30 GMT

Iran’s Crude Oil Refining Capacity Grows by 38.8 Percent Since 2017

Libya’s overall oil production before the Sharara outage stood at 1.2-1.3 million bpd
July 21st, 2019 - 04:51 GMT

Libya’s Largest Oilfield Has Been Shut Down Since Friday

Saudi Aramco's stake in the joint venture has been trimmed to 20%, while Jacobs Engineering remains at 40%.
July 18th, 2019 - 07:28 GMT

Saudi PIF Acquires 40 Percent Stake in Aramco-Jacobs Venture

Mubadala Petroleum is the operator of both the Andaman I and adjacent South Andaman PSCs.
July 17th, 2019 - 11:08 GMT

Mubadala Petroleum to Farmout a 20% Participating Interest in Both the Andaman I and South Andaman PSCs in Indonesia

Some of these projects have been relaunched and other projects, mainly technical and engineering projects, will start activity soon
July 17th, 2019 - 10:30 GMT

Iran to Earn $5 Billion in Revenues From Electricity, Gas Exports to Iraq

The sector will aim to implement solar power projects with a focus on building local capabilities in line with the Nama Group’s sustainability strategy.
July 17th, 2019 - 08:00 GMT

Oman Issues RfQs for Two Independent Solar Power Projects

The oil tanker is not owned or operated by the UAE and has not sent a distress call.
July 17th, 2019 - 07:30 GMT

US Points Finger at Iran for Seizing Oil Tanker in Strait of Hormuz

The situation is set to improve during the second half, which may only constitute a hiatus before a new wave of non-OPEC production to the tune of 2.1 million bpd hits the markets.
July 16th, 2019 - 09:09 GMT

Oil Markets Brace for Non-OPEC Supply Increase

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