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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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World Markets are fragile, price of Oil getting too high.
May 21st, 2019 - 07:45 GMT

Oil Prices Rise Amid Indications From OPEC on Extending Output Cuts by Year-End

Opec is trying to cut output by 812,000 barrels a day below baseline levels.
May 19th, 2019 - 07:39 GMT

OPEC, Allies Back on Track With Oil Cuts to Steady Market

Jordanian-Iraqi cooperation in the energy field is not limited to this deal
May 16th, 2019 - 11:40 GMT

First Iraqi Crude Oil Shipments to Arrive to Jordan Next Weekend

Iran has denied any involvement in the attacks.
May 16th, 2019 - 06:43 GMT

Saudi Facility Attacks Affect Asian Oil Buyers, Shippers

A total of 2,805 houses will be covered during the first phase of the project
May 15th, 2019 - 09:31 GMT

Jordan Assesses Energy Saving Project Tenders for Vulnerable Families

Oil prices rose after the attacks. Brent crude futures were at $70.79 a barrel at 1035 GMT.
May 15th, 2019 - 07:16 GMT

Terrorists Attack 2 Oil Stations in Saudi Arabia

The UAE foreign ministry had reported that four commercial vessels were targeted near its territorial waters.
May 13th, 2019 - 08:06 GMT

Two Saudi Oil Tankers Were Targets of ‘Sabotage Attack’ off UAE Coast

The Saudi response to Iran sanctions could lead to higher oil production.
May 13th, 2019 - 07:38 GMT

Report: Fiscal Surplus in Saudi Arabia Unlikely to Last Despite Non-Oil Economic Growth

Brent crude price will hold above $70 a barrel in second quarter.
May 13th, 2019 - 06:12 GMT

What Will the Barrel's Price Be in This Fluctuating Oil Market?

The accord slapped restrictions on Iran that were designed to prevent it from making atomic bombs.
May 12th, 2019 - 09:16 GMT

The Consequences of Iran's Withdrawal From the Nuclear Deal

Renewables have a major role to play in curbing global emissions.
May 11th, 2019 - 06:30 GMT

Report: MENA Renewable Capacity Growth Accelerates in 2018

Europe has stressed the importance of the deal for its own security
May 9th, 2019 - 09:00 GMT

EU Still Wants to Save Iran's Nuclear Deal, but Without Ultimatums

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