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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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The installed wind power capacity in the country currently stands at over 7,000 megawatts. (Shutterstock)
February 19th, 2019 - 08:21 GMT

Wind Energy Sector Records 7.24 Percent Growth in Turkey

Dr Bakheet Al Katheeri, Chief Executive Officer, Mubadala Petroleum
February 18th, 2019 - 11:34 GMT

Mubadala Petroleum Signed South Andaman PSC in Indonesia

Market developments likely to be dominant economic driver for region once again this year. (Shutterstock)
February 17th, 2019 - 07:49 GMT

Stronger Oil Prices in 2018 Puts Middle East Oil Nations on Solid Ground in 2019

The investment will be made over a six-year period. (Shutterstock)
February 15th, 2019 - 08:53 GMT

Total, Saudi Aramco $1 Billion Project to Create Thousands of Jobs in Saudi Arabia

Turkish exploration ships will soon begin offshore drilling activities around Cyprus island. (Shutterstock)
February 14th, 2019 - 10:40 GMT

Turkish Exploration of Oil, Gas to Start Offshore Around Cyprus

The total exported quantities of Oman crude oil in January 2019 reached 23.32 million barrels. (Shutterstock)
February 14th, 2019 - 10:36 GMT

Over 30 Million Barrels of Crude Oil Produced in Oman Last Month

Exports would fall in March to 6.9 million bpd. (Shutterstock)
February 13th, 2019 - 12:05 GMT

Saudi Arabia to Decrease Oil Production to Reach Market Balance

OPEC member nations could decide once more to reduce their oil output when they meet again in April. (Shutterstock)
February 13th, 2019 - 10:14 GMT

Algeria Expects OPEC to Reduce Oil Output in April

Iran is also ready to increase the level of its uranium enrichment to 20 percent of purity. (Shutterstock)
February 11th, 2019 - 10:17 GMT

Iran Ready to Increase Uranium Enrichment

The industry had returned to $50 oil and it was enough to stimulate some significant hiring in the upstream sector. (Shutterstock)
February 10th, 2019 - 07:21 GMT

Recruitment Rate to Recover in Oil, Gas Industry

OPEC has become a battleground for the rivalry between Saudi Arabia and Iran. (Shutterstock)
February 9th, 2019 - 11:28 GMT

Are We Witnessing the End of OPEC?

Saudi Arabia has cut its crude output in January by about 400,000 barrels per day. (Shutterstock)
February 8th, 2019 - 10:38 GMT

Saudi Arabia Cuts Crude Output Below OPEC Target

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