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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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U.S. Crude Oil WTI Futures fell 0.8% to $58.56 by 1:00 AM ET (05:00 GMT). International Brent Oil Futures was down 0.7% to $66.31. (Shutterstock)
March 25th, 2019 - 12:22 GMT

Oil Prices Slip Amid Concerns on Global Economic Slowdown

As per the deal, 600 MW will be offered by the Office of Renewable Energy Projects Development (Repdo) in a public competition. (Shutterstock)
March 25th, 2019 - 09:13 GMT

Saudi Arabia to Float Tenders for Solar Project in Makkah

The Mohammad bin Rashid Al Maktoum Solar Park is the largest single-site solar energy project in the world. (Shutterstock)
March 24th, 2019 - 09:31 GMT

UAE to Spend $163 Billion on Sustainable Energy

Some 60-70% of the Gulf kingdom’s revenues are derived from oil and gas sales, so a doubling of its energy-related earnings would greatly bolster Bahrain’s fragile economy. (Shutterstock)
March 24th, 2019 - 08:57 GMT

Bahrain Ready to Develop Giant Oil, Gas Field

The 10 million barrels fall in US crude stocks was the largest drop since July 2018, due to a combination of strong exports and higher refining utilization. (Shutterstock)
March 24th, 2019 - 07:03 GMT

All You Need to Know About the Oil Market This Week

India’s Accord Group and Oman’s Ministry of Oil and Gas have signed a $3.85 billion deal to build an oil refinery in Sri Lanka. (Shutterstock)
March 20th, 2019 - 08:20 GMT

India, Oman Sign $3.85 Billion Deal to Build Oil Refinery in Sri Lanka

The Committee recognised the current, critical uncertainties surrounding the global oil market throughout 2019. (Shutterstock)
March 19th, 2019 - 10:49 GMT

Distinguishable Improvement in Compliance With Oil Production Cuts

Iran launched a number of new projects aimed to increase its gas production. (Shutterstock)
March 18th, 2019 - 09:54 GMT

Iran Aims to Increase Gas Production From Shared Field With Qatar

Oil Prices Slips Due to Economic Slowdown. (Shutterstock)
March 18th, 2019 - 08:44 GMT

Oil Prices Slips Due to Economic Downturn

The reasons for cancellation of the $3.2bn oil facility by the UAE could not be immediately ascertained. (Shutterstock)
March 15th, 2019 - 07:12 GMT

Pakistan Fails to Secure $3.2 Billion UAE Oil Facility

Libya’s total oil production currently stands at around 1.17m bpd, according to Bloomberg. (Shutterstock)
March 15th, 2019 - 06:43 GMT

Libya’s High Oil Production Puts Pressure on OPEC Deal

GCC countries must invest in research and innovation to ensure a steady supply of high-quality chemicals. (Shutterstock)
March 14th, 2019 - 12:52 GMT

Research and Innovation Key to Oil Sector’s Sustainability' for GCC Countries

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