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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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This demand was made by Ambassador Nabil al-Ashri, acting chargé d'affaires at the Saudi embassy in Austria. (SG)
June 12th, 2018 - 05:46 GMT

Tighten Control on Iranian Nuclear Sites: Saudi Arabia

More than 141,000 Smart Tags have now been fitted to vehicles across the country, including 29,500 since ADNOC Distribution launched a free giveaway.
June 10th, 2018 - 10:42 GMT

Growing Demand From Motorists in UAE for Adnoc Distribution’s Smart Tags

After the U.S. president hit European allies with aluminum and steel tariffs, the meeting shows a Washington policy drifting away from European commitments. (AFP)
June 10th, 2018 - 08:22 GMT

Oil Prices Slip on G7 Trade Concerns

During the event
June 6th, 2018 - 08:17 GMT

ADNEC Launches ‘ADNEC Giving’ Humanitarian & Charity Campaign Throughout the Holy Month of Ramadan

The price of oil recently hit $80 a barrel but the price retreated to $77 a barrel on May 26 after Saudi Arabia and Russia said they were ready to ease supply curbs. (Shutterstock)
June 4th, 2018 - 09:41 GMT

Oil Price Uncertainty Becomes Major Budget Concern for Egypt

With the rise in oil prices, normal household budgets are set to rise, but the economy will generate more jobs and attract more investment, say experts. (Shutterstock)
June 4th, 2018 - 08:37 GMT

Inflation to Rise Alongside Oil Prices in UAE

Manama rises from its 17th rank in the purchase power index of 2015. (Shutterstock)
May 31st, 2018 - 07:52 GMT

Manama Broke Into the Top 10 Cities in Purchasing Power Globally

Energy ministers from Saudi Arabia, the United Arab Emirates and Kuwait plan to meet on Saturday, 2 June, to discuss OPEC matters. (Shutterstock)
May 30th, 2018 - 10:38 GMT

Saudi, Kuwait and UAE Plan Meeting on OPEC

The country signed its first offshore oil and gas exploration and production agreement for two of Lebanon’s 10 offshore blocks on Feb. 9, 2018. (Shutterstock)
May 30th, 2018 - 10:18 GMT

First Phase of Lebanon Oil Exploration Set to Begin This Week

Prices of petrol have been increased by 14 fils a litre. (Shutterstock)
May 29th, 2018 - 06:45 GMT

Petrol Prices Reach Highest Levels Next Month in UAE

Precious metals, led by gold, have recently been caught in the crosshairs of a rising dollar and US 10-year bond yields climbing through the psychological 3% level. (File Photo)
May 28th, 2018 - 12:00 GMT

Gold Bounces Back to $1,300/Oz as Oil Rally Runs out of Steam

EMGAS to kick-off Ramadan charity campaign with Bait Al Khair.
May 28th, 2018 - 08:55 GMT

Emirates Gas to Kick-Off Ramadan Charity Campaign With Beit Al Khair Society

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