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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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Britain, France and Germany along with Russia and China met with Iran in Vienna to offer economic benefits and assurances that would lessen the blow of sweeping US sanctions announced by Trump. (AFP)
July 7th, 2018 - 01:51 GMT

5 World Powers Commit to Iran Deal, Back Oil Exports Despite US Sanctions Threat

Under the deal, Jordan will receive 3 billion cubic metres of gas per year. (Shutterstock)
July 6th, 2018 - 06:30 GMT

Natural Gas From Israel to Jordan in 2020

The company’s new Asia marker will replace Platts Oman with Dubai Mercantile Exchange (DME) Oman. (Shutterstock)
July 5th, 2018 - 11:12 GMT

Saudi Aramco Changes Asia Crude Oil Price Formula

Iranian President Hassan Rouhani (top- L) and Swiss President Alain Berset (top-R) watch as Iranian Foreign Minister Mohammad Javad Zarif (L) and Swiss Economic Minister Johann Schneider-Ammann sign an agreement in Bern on July 3, 2018. (AFP)
July 4th, 2018 - 09:49 GMT

Iran Threatens to Disrupt Oil Shipments From Neighboring Countries

Oil prices have gained over three per cent since Opec and allies announced on June 22 to raise output to meet production caps set in 2016. (Shutterstock)
July 4th, 2018 - 08:29 GMT

UAE Committed to Boost Oil Output

Brent crude oil fell to $77.82 a barrel on Monday, a drop of $1.41. (Shutterstock)
July 3rd, 2018 - 11:55 GMT

Oil Prices Decline as Supplies Increase From Saudi Arabia and Russia

The NOC said that a state of emergency had been imposed at both ports. (Shutterstock)
July 3rd, 2018 - 11:03 GMT

Political Turmoil Results in Libya Oil Exports' Suspension

M95 petrol will cost 225bz per litre compared to 226bz per litre in June. (Shutterstock)
July 2nd, 2018 - 10:57 GMT

Lower Petrol, Diesel Prices in July Announced in Oman

Brent crude cost $78.81 per barrel at 10.38 GMT on Friday while WTI saw prices of $73.31 per barrel. (Shutterstock)
July 2nd, 2018 - 10:45 GMT

Brent Crude Trades at $78.45 Starting From July 2

The government stressed its commitment to an ‘open’ and ‘transparent’ approach under which citizens have the right to access information as the coming days will reveal the fuel pricing mechanism with full details. (Jordan Times)
July 1st, 2018 - 12:50 GMT

Jordanian Government Postpones Declaring July Fuel Prices

India is seeking to increase its refining capacity to nine million barrels by the end of 2030. (AFP)
July 1st, 2018 - 10:31 GMT

The Joint Venture Between Aramco and ADNOC in India – Is There Any Mutual Benefit?

Iranian oil production is expected to fall from the fourth quarter of 2018 as US sanctions take effect. (Shutterstock)
July 1st, 2018 - 08:59 GMT

GCC Main Beneficiaries of OPEC Output Hike

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