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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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Iraq exported about 625 million barrels of oil during the first half of the year, compared with 592 million barrels over the same period in 2017. (Shutterstock)
July 25th, 2018 - 11:25 GMT

Iraqi Oil Exports Increase Despite the Unsettled Situation in Basra

This is due to US withdrawal from the Iran nuclear deal and US President Donald Trump’s determination to bring Iran’s oil exports to a standstill. (Pexels)
July 24th, 2018 - 11:52 GMT

Crude Oil Markets to Face Fluctuating Prices

During the opening ceremony
July 23rd, 2018 - 09:56 GMT

ENOC Opens New Service Station in Al Barsha

The kingdom's total crude supply to the market in June were even higher than well-head production. (Shutterstock)
July 22nd, 2018 - 08:36 GMT

Saudi Arabia to Drop Crude Oil Exports by Approximately 100,000 bpd

Aramco plans to boost investments in refining and petrochemicals to secure new markets for its crude. (Shutterstock)
July 19th, 2018 - 08:02 GMT

Aramco Mulls over Acquisition a Stake in SABIC

The Israeli military said that it will only allow foods and essential medicines to cross. (AFP)
July 18th, 2018 - 10:11 GMT

Israel Halts Fuel, Gas Transferring into Gaza Despite Ceasefire

The Institute of International Finance (IIF) has raised the projected UAE real GDP growth from 2.1 per cent to 2.4 per cent for 2018 and maintained 2.7 per cent forecast for the next year. (Shutterstock)
July 17th, 2018 - 08:42 GMT

UAE Economy to Improve Due to Higher Crude Oil Prices

More than 13 tribes on Wednesday announced they were backing the request of the Bani Mansour, the tribe of the protester killed by police. (AN)
July 12th, 2018 - 11:39 GMT

Basra Oil Protests Grow, Iraqi Tribes Demand Jobs in Iraq's Main Oil Hub

Total spending was 16.88 billion dinars, more than total revenue of LDY 16.7 billion. (Shutterstock)
July 12th, 2018 - 08:41 GMT

Libya Earns More Than $11 Billion in Oil Revenue in H1 2018

 (KPC) signs a cooperation agreement with China's ShanDong Refining and Chemical Group to market Kuwaiti crude oil.(KUNA)
July 11th, 2018 - 08:39 GMT

Kuwait Signs With China Crude Oil Joint Marketing Deal

During the event
July 9th, 2018 - 11:20 GMT

ADNOC Aims to Deepen Investment and Partnership Opportunities with Chinese Energy Majors


US sanctions could prove ineffective if rising oil prices largely make up for any lost Iran volumes. (Shutterstock)
July 8th, 2018 - 08:27 GMT

Report: Iran Export Curbs to Increase Oil Price to $9 per Barrel

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