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Oil and Renewables

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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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A maritime demarcation accord signed with Saudi Arabia in 2016 has allowed the country to embark on oil and gas exploration for the first time in the Red Sea. (Shutterstock)
November 29th, 2018 - 04:43 GMT

Egypt Launches Bid to Dig for Oil and Gas in Red Sea

The forum was held in Dubai and lasted for 3 days. A large number of industrial leaders and professionals from across the globe attended the big event.
November 28th, 2018 - 10:53 GMT

Equate Plays a Key Role in the Transformation of the Global Petrochemical Industry

Jordan relies on Egyptian gas for 80% of its electricity generation, with the other 20% largely imported from Saudi Arabia and Iraq. (Shutterstock)
November 28th, 2018 - 06:52 GMT

Egypt-Jordan Gas Supply to Continue in January

Such a shift could anger US President Donald Trump, who urged Opec not to cut supply. (Shutterstock)
November 28th, 2018 - 06:11 GMT

OPEC and Partners Might Cut Oil Production by 1.4 Million bpd

Additionally Sabic has signed a Non-binding Memorandum of Understanding (MoU) with its subsidiary Safco (Saudi Arabian Fertiliser Company), to facilitate the integration of the newly formed company – Sabic Agri-nutrient Investments – with Safco, subject to regulatory and shareholder approval. (AFP)
November 28th, 2018 - 06:06 GMT

Sabic Consolidates All Its Agri-Nutrient Assets

President Sisi tours the Cairo International Exhibition and Conference on Information and Telecommunication Technology. (Cairo ICT 2018)
November 27th, 2018 - 07:36 GMT

According to Sisi, IT Is Egypt's Fuel for Its Developments Program

His Excellency Saif Humaid Al Falasi, Group CEO, ENOC
November 26th, 2018 - 08:51 GMT

ENOC Group Recognised at the Golden Peacock Awards

New phase. ADNOC Group CEO Sultan Ahmed al-Jaber speaks during the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), on November 12. (AFP)
November 26th, 2018 - 05:05 GMT

Abu Dhabi Aims to Dominate the Gas Sector With New Fields

The Senate and House have both approved versions of a bill that would authorize the Justice Department to make a case against OPEC. (AFP)
November 25th, 2018 - 06:04 GMT

Trump's Administration Might Sue OPEC for Price Fixing

The Asian nation was among the countries that gained exemptions to keep importing Iranian oil, with a waiver for importing 360,000 barrels a day. (Shutterstock)
November 25th, 2018 - 05:58 GMT

Despite Sanctions, China Green-Lights Iranian Oil Imports

The statement comes at a very sensitive time when the global spotlight is focused on Mohammed bin Salman, the crown prince of Saudi Arabia and the country’s de facto ruler, and on his potential role in the killing of the Saudi journalist Jamal Khashoggi in Istanbul on Oct. 2. (Shutterstock)
November 22nd, 2018 - 05:15 GMT

US, Saudi Relations Must Remain Intact to Keep Oil Prices Low, According to Trump

The Wild Edens project is initiated by Rosatom and broadcast by National Geographic.
November 21st, 2018 - 11:33 GMT

'Wild Edens: Russia' Special Screening Takes Place in Egypt

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