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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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India is one of the largest consumers of crude oil and since Iran has been one of the key suppliers. (Shutterstock)
December 27th, 2018 - 09:00 GMT

India Hopes US Will Extend Sanctions Exemption on Iranian Oil

Rosatom State Atomic Energy Corporation took part in the 14th session of the Arab Conference for the Peaceful Uses of Atomic Energy that was held in Sharm El-Sheikh (Egypt) from December 16 until 20, 2018.
December 26th, 2018 - 12:55 GMT

Rosatom Took Part in the Arab Conference on the Peaceful Uses of Atomic Energy

The report stated that the UAE has become one of the best countries in developing energy efficiency. (Shutterstock)
December 26th, 2018 - 10:38 GMT

Report: 3 Arab Countries Among Best Countries Worldwide in Developing Renewable Energy

Mohammed Al Fayyad, Director of Customer Care and Aftersales, General Motors Africa and Middle East, and Zaid Alqufaidi, Managing Director, ENOC Retail
December 26th, 2018 - 08:52 GMT

ACDelco Announces Long-Term Partnership With AutoPro

The oil market showed signs of edging up on Monday as Opec hinted that it might extend or even deepen its pledged output curbs. (Shutterstock)
December 25th, 2018 - 10:21 GMT

Will We Witness a Recovery in Oil Prices After Monday's Calamity?

OPEC and non-OPEC members agreed in early December to trim production by 1.2 million barrels a day from Jan. 1, in a bid to shore up sagging prices. (Shutterstock)
December 24th, 2018 - 09:35 GMT

OPEC: Oil Prices to Rebalance in 2019

Saudi Arabia and Russia both saw their crude oil output reach record high levels in October, with 10.7 million barrels per day (mbpd) and 11.4 mbpd, respectively. (Shutterstock)
December 24th, 2018 - 09:20 GMT

Brent Crude Exceeds $55 per Barrel

Suspension of operations at the oilfield has reportedly reduced crude oil production by some 315,000 barrels per day. (Shutterstock)
December 19th, 2018 - 09:08 GMT

Libya's Halted Oil Field Costs the Economy $32.5 Million per Day

During the event
December 19th, 2018 - 09:05 GMT

Oman Oil Marketing Company Awarded ‘ACCA Approved Employer’ Certificate

Larijani said, “government should be downsized. Once the electronic government is launched precisely, giant steps could be taken for downsizing the government.” (Shutterstock)
December 18th, 2018 - 09:05 GMT

Iran's 2019 Budget to Wean Itself Off Oil

It is a joint venture formed by Qatar Petroleum with a 70 percent interest, while ExxonMobil has a 17.6 percent interest, and ConocoPhillips has a 12.4 percent interest. (Shutterstock)
December 18th, 2018 - 07:38 GMT

Qatar to Pump $20 Billion in US Oil and Gas Sectors

During the event
December 18th, 2018 - 07:36 GMT

Shell Intilaaqah’s ‘Aspire and Inspire’ Programme Introduces Omani Entrepreneurs to Cash Crisis Management

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