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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 White House statement undercut a tweet by Trump earlier in the day when he wrote that Saudi Arabia had definitely agreed to produce more oil. (Shutterstock)
July 1st, 2018 - 08:48 GMT

Trump on Twitter: Saudi Ready to Increase Oil Production

Super 98 will cost Dh2.56 per litre, while Special 95 will cost Dh2.45 a litre. (Pixabay)
June 30th, 2018 - 11:00 GMT

Starting From Tomorrow, Lower Petrol and Diesel Prices in UAE

During the announcment
June 28th, 2018 - 11:35 GMT

Adnoc Joins 2019 Abu Dhabi World Energy Congress to Highlight Its Energy Transition Vision

Ahmad Bin Shafar, CEO of Empower
June 27th, 2018 - 11:05 GMT

Empower Organises Blood Donation Drive

The official said a U.S. delegation would head to the Middle East next week to encourage Gulf oil producers to ensure global oil supplies as Iran is cut out of the market as of November. (Shutterstock)
June 27th, 2018 - 10:46 GMT

US Pushing Allies to Stop Iran Oil Imports

Qatar currently produces 600,000 bpd in May, down from 620,000 bpd in April, according to the latest S&P Global Platts OPEC survey. (Shutterstock)
June 27th, 2018 - 09:28 GMT

Qatar Petroleum to Raise Oil Output by 30,000 bpd

Eni revealed almost three years ago that it had found one of the world’s biggest gas fields offshore, called Zohr. (AFP)
June 27th, 2018 - 07:21 GMT

Is Egypt About to Announce Another Big Gas Find?

Kirill Dmitriev, Chief Executive Officer of the Russian Direct Investment Fund, speaks during a session of the St. Petersburg International Economic Forum (SPIEF) in Russia on Monday. (Saudi Gazette)
June 26th, 2018 - 09:46 GMT

Saudi-Russian Oil Cooperation to Stabilize Market

The world’s biggest exporter is pumping 10 million barrels a day and has the capacity to produce two million more. (CPI Financial)
June 26th, 2018 - 08:45 GMT

Aramco CEO Pledges to Meet Oil Demand After OPEC Strikes a Deal

Compared to the UAE, prices in the Nordic states such as Norway and Sweden are higher by nearly 250 per cent and 220 per cent, respectively. (File/Photo)
June 25th, 2018 - 12:24 GMT

UAE Fuel Prices Among Lowest in the World

OPEC, Russia agree to raise output from July. (AFP)
June 24th, 2018 - 12:39 GMT

Saudi Arabia Pledges ‘Measurable’ Oil Supply Boost

There are different views on how much to increase production and whether such a move should be gradual. (Shutterstock)
June 21st, 2018 - 06:50 GMT

Saudi Arabia Struggles for Gulf Oil Producers' Support Ahead of OPEC Meeting

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