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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 EU foreign policy chief and three European foreign ministers in their statement slammed the re-imposition of Washington's fresh sanctions on Iran. (Shutterstock)
November 15th, 2018 - 04:48 GMT

Netherlands Re-Asserts Europe's Commitment to Support Iran's JCPOA

In the first five cycles, the IRENA/ADFD Project Facility allocated $214 million to 21 renewable energy projects across the globe, covering up to 50 percent of the project costs. (Shutterstock)
November 15th, 2018 - 04:19 GMT

Abu Dhabi Fund, IRENA Allocate $ 50 Million for Renewable Energy

The oil sector seeks to encourage new American companies to work in Egypt and encourage existing US companies to pump further investments, he added. (Shutterstock)
November 15th, 2018 - 04:14 GMT

Egypt Eager for US Investments in Its Oil and Gas Sectors


Top oil producers, meeting in Abu Dhabi on Sunday, demanded new “strategies” based on production adjustments to deal with market discrepancies between high supply and low demand. (Shutterstock)
November 14th, 2018 - 10:57 GMT

With OPEC Announcing Supply Cuts, Oil Prices Recover

Saudi Aramco, ADNOC Sign Agreement to Invest in Gas Exploration. (Shutterstock)
November 14th, 2018 - 10:44 GMT

Saudi Aramco, ADNOC Sign Agreement to Invest in Gas Exploration

US Imposes New Sanctions on Hezbollah Citing Iraq Relations. (Shutterstock)
November 14th, 2018 - 10:37 GMT

US Imposes New Sanctions on Hezbollah Citing Iraq Relations

U.S. President Donald Trump criticized Saudi Arabia’s announced plan to cut oil production. (Shutterstock)
November 13th, 2018 - 07:36 GMT

Trump Furious Over Saudi Oil Production Cuts Plan

H.E. Mohammed bin Salem bin Said Al Tobi, Minister of Environment and Climate Affairs, SDO & Chris Breeze, Country Chairman, Shell Oman
November 12th, 2018 - 01:11 GMT

In Celebration of Oman’s 48th National Day, Shell Launches 'Barr Al Hikman: Shorebird Paradise in Oman' Book

The Petroleum & Petrochemicals platform has a balanced portfolio of integrated projects and companies, whose activities cover the various stages of the total supply chain of the oil, gas, refining and petrochemical industries. (Shutterstock)
November 12th, 2018 - 08:30 GMT

Mubadala Pumps AED 150 Billion Into Its Oil Investments

Cooperation between OPEC and non-OPEC members will continue till 2020 to ensure a balanced oil market. (Shutterstock)
November 12th, 2018 - 08:17 GMT

OPEC Trying to Sustain Market Confidence Amidst Global Uncertainties

During the event
November 11th, 2018 - 06:31 GMT

Octal Highlights Importance of Competitiveness in Logistics to Create Value Within Supply Chains

The airport official said “some” of the oil providers were informed by internal company decisions, but Fenianos confirmed that none of the providers would be allowed to refuel the sanctioned carriers. (Shutterstock)
November 11th, 2018 - 05:01 GMT

Iranian Airlines Cannot Refuel in Beirut's Airport Due to Sanctions

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