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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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Despite lower supplies, crude oil has fallen from a six-month high above $75 a barrel in April
July 6th, 2019 - 12:00 GMT

OPEC Output Sinks to New Five-Year Low

Initial production from the field would progressively increase to 40,000 bpd by the end of 2019
July 4th, 2019 - 06:30 GMT

Potential Resources for Crude Oil Discovered in 3 New Fields in Abu Dhabi

The IPO process was never fully suspended
July 3rd, 2019 - 07:30 GMT

Saudi Aramco IPO Set for 2020-21

Unfortunately, oil is now being used as a tool to put pressure on Iran and other members such as Venezuela
July 2nd, 2019 - 01:00 GMT

Iran Exempted From OPEC Agreement Again

The country's total import of oil products also increased by 15.35% in April to 3.58 million tonnes compared to April 2018.
July 2nd, 2019 - 12:30 GMT

Turkey’s Crude Oil Imports Up by 60.94 Percent in April 2019

The government’s fuel pricing committee on Sunday decided to lower the prices of gasoline and diesel, citing a fall in international prices of crude oil
July 1st, 2019 - 11:30 GMT

Jordan Cuts Fuel Prices for July

OPEC and its allies led by Russia have been reducing oil output since 2017 to prevent prices from sliding.
July 1st, 2019 - 08:30 GMT

OPEC, Allies to Extend Oil Supply Cuts for 9 Months

Booming shale production from places like the Permian basin of West Texas have enabled US oil output to overtake Saudi Arabia and Russia.
June 30th, 2019 - 09:34 GMT

US Oil Output Exceeds 12 Million Barrels per Day in April

Mohammed bin Salman and Vladimir Putin at a working session of leaders at the G20 summit in Osaka, Japan.
June 30th, 2019 - 06:20 GMT

Russia Agrees on OPEC Output Cut Extension by 6-9 Months

Providing enough capacity to cover the demand of 90,000 people, the plant features more than 3.2 million solar panels, installed across an 8 km2 site.
June 29th, 2019 - 04:36 GMT

World's Largest Solar Project Starts Operation in UAE

Mohammed bin Jarsh Al Falasi.
June 27th, 2019 - 10:15 GMT

Abu Dhabi Unveils Its Energy Strategy at IEA Summit

The vessel called SALINA loaded approximately one million barrels of Iranian oil.
June 27th, 2019 - 09:34 GMT

China Receives 1 Million Barrels of Iranian Oil Cargo Post End of Waivers

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