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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 head of Saudi Aramco, pictured here at Davos 2017, has laid out a roadmap leading to the sale of shares in the world’s biggest oil company in 2021. (AN)
January 27th, 2019 - 10:58 GMT

Saudi Aramco to Commence Sale of Shares in 2021

During the event
January 27th, 2019 - 09:10 GMT

Oman Oil Marketing Company to Open a 1,000 Sqm Mobile Service Station on Al Batinah Expressway

The facilities were built about 90 years ago and were used to store oil shipped through a pipeline from the northern Iraqi city of Kirkuk. (Shutterstock)
January 27th, 2019 - 08:33 GMT

Lebanon Signs With Rosneft to Operate Oil Installations in Tripoli

Five countries have submitted their requests for the establishment of two nuclear reactors in Saudi Arabia on the Arabian Gulf coast. (Shutterstock)
January 24th, 2019 - 10:11 GMT

5 Countries Eye Building 2 Nuclear Reactors in Saudi Arabia

The value of these projects is expected to amount to about seven billion dollars (SR26.25 billion) (Shutterstock)
January 24th, 2019 - 09:40 GMT

Saudi Arabia to Implement 12 Renewable Energy Projects Worth of $7 Billion

Dubai will source eight per cent or at least 1000 megawatts of its over-all power requirements from renewable energy sources by next year. (Shutterstock)
January 24th, 2019 - 08:48 GMT

Renewable Energy to Produce 8 Percent of Dubai's Power

The oil was discovered at a depth of 3,770 meters and has an API gravity of 40 which is “very light and sweet. (Shutterstock)
January 24th, 2019 - 08:37 GMT

New Oil Discovery in Iran

UAE, Canada Agreement to Boost Cooperation in Clean Energy Field (Shutterstock)
January 23rd, 2019 - 12:35 GMT

UAE, Canada Sign Agreement to Boost Cooperation in Clean Energy Field

Saudi Arabia will remain the largest global oil exporter for years to come despite the growth of the US oil sector. (Shutterstock)
January 23rd, 2019 - 07:06 GMT

IEA: Saudi Arabia Remains the Largest Global Oil Exporter

The project is based on US shale oil technology for natural gas extraction. (Shutterstock)
January 22nd, 2019 - 07:31 GMT

Sudan Mulls Expanding Oil Investments Projects With US

During the event
January 20th, 2019 - 09:37 GMT

Oman Oil Marketing Company’s ‘Café Amazon’ Is Ready to Greet Customers at Ghala Service Station

The price market structure for the Brent crude price has flipped to a slight backwardation after hovering in a slight contango for the past two weeks. (Shutterstock)
January 20th, 2019 - 07:50 GMT

Oil Prices Recover, Reaching Over $60 per Barrel

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