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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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Kuwait Exposes Employees Working in Oil Sector With Forged Certificates. (Shutterstock)
March 10th, 2019 - 09:55 GMT

Kuwait Exposes Employees Working in Oil Sector With Forged Certificates

Large volumes of natural gas have been found in the Red Sea. (Shutterstock)
March 10th, 2019 - 09:34 GMT

Saudi Arabia: Large Volumes of Gas Discovered in Red Sea

India wants to keep buying Iranian oil at its current level of about 300,000 barrels per day. (Shutterstock)
March 10th, 2019 - 09:24 GMT

India Negotiates Waiver Extension With US on Iran’s Oil

Saudi Arabia sold gas to domestic consumers below cost of production, to encourage this new desire for fuel diversity. (Shutterstock)
March 9th, 2019 - 07:53 GMT

The Importance of Gas Production in Saudi Arabia

Saudi Aramco IPO to Be Launched Within Two Years (Shutterstock)
March 7th, 2019 - 08:12 GMT

Saudi Aramco IPO to Be Launched Within Two Years


Oil prices increased on Tuesday as US West Texas Intermediate (WTI) crude oil futures were at $56.28 per barrel. (Shutterstock)
March 6th, 2019 - 11:50 GMT

OPEC to Announce Output Policy in June

One of Libya's most important oil fields is set to reopen nearly three months after it was taken over by an armed group. (Shutterstock)
March 6th, 2019 - 11:39 GMT

Libya to Reopen Major Oil Field After Being Captivated for 3 Months

Saudi Economy Improving Due to Oil Prices' Recovery. (Shutterstock)
March 6th, 2019 - 11:11 GMT

Report: Saudi Economy Improving Due to Oil Prices' Recovery

OPEC Oil Supply Reaches Lowest in Four Years. (Shutterstock)
March 3rd, 2019 - 08:22 GMT

OPEC Oil Supply Reaches Lowest in Four Years

Prices have increased after declining for four consecutive months. (Shutterstock)
March 1st, 2019 - 07:32 GMT

Higher Petrol Prices This Month in UAE

This will strengthen the UAE's position as a reliable supplier of crude oil. (Shutterstock)
February 28th, 2019 - 10:40 GMT

UAE to Build World's Largest Crude Oil Storage Facility in Fujairah

Investments in Mediterranean Gas Fields Exceed $27 Billion. (Shutterstock)
February 27th, 2019 - 12:41 GMT

Egypt: Investments in Mediterranean Gas Fields Exceed $27 Billion

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