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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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Al Bawaba
February 27th, 2019 - 09:34 GMT

Crude Prices Down Post Trump's Criticism of OPEC

The oil industry is on the decline, and petrol-burning motor cars will soon be replaced by electric vehicles. (Shutterstock)
February 26th, 2019 - 11:48 GMT

Saudi Aramco: Oil Industry Faces 'Crisis of Perception'

Brent closed at $67.25 per barrel while WTI traded at $57.11 per barrel at the same time. (Shutterstock)
February 26th, 2019 - 08:45 GMT

Brent Crude Falls to $67 Per Barrel

Both parties have agreed that Iraqi goods imported through the Aqaba Port will be offered discounted port rates up to 75 percent. (Shutterstock)
February 25th, 2019 - 10:25 GMT

10,000 Oil Barrels to Enter Jordan Daily From Iraq

Banks in Turkey to restructure $7-$8 billion credit of energy companies, Garanti Bank's top official says. (Shutterstock)
February 25th, 2019 - 08:50 GMT

Turkey to Witness New Big Energy Investments by 2020

During the event
February 25th, 2019 - 08:18 GMT

Octal to Invest $50 Million in Oman Operations to Solidify Global Leader Status in Packaging Solutions

Saif Humaid Al Falasi, ENOC-His Excellency
February 24th, 2019 - 11:30 GMT

Autopro Collaborates With Gulf Rubber Factory to Roll out 'Enviromat'

Research: Volumes From New Oil & Gas Projects to Triple in 2019. (Shutterstock)
February 24th, 2019 - 08:57 GMT

Research: Volumes From New Oil & Gas Projects to Triple in 2019

India is a top investment priority for Saudi Arabia. (Shutterstock)
February 21st, 2019 - 10:04 GMT

World's Biggest Oil Company Eyes Investments in India’s Reliance Industries

During the event
February 21st, 2019 - 07:16 GMT

Total Achieves a New Step Towards Developing an Integrated Gas Project in the Sultanate of Oman

South Korea is the third-largest buyer of Iranian oil. (Shutterstock)
February 20th, 2019 - 10:00 GMT

Despite US Sanctions, S. Korea Ships in Over $100 Million Worth of Iranian Oil

Britain's tradition of cosying up to dictators will be further entrenched by post-Brexit desperation. (Shutterstock)
February 19th, 2019 - 10:44 GMT

The Snowball Effect of Brexit

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