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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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Once a net gas exporter, Egypt has turned into a major importer in recent years as growing domestic demand outstripped production. (File photo)
February 16th, 2017 - 07:30 GMT

Egypt aims for end of government gas imports by 2018

The latest ruling follows a July 2015 court decision asserting Dana’s long-term contractual rights, lasting at least 25 years, to develop and produce gas and petroleum from the Khor Mor and Chemchamal fields. (Oil Guru)
February 16th, 2017 - 05:26 GMT

Dana Gas wins $121M in latest international arbitration case against KRG

During the event
February 15th, 2017 - 09:38 GMT

EQUATE sponsors 2nd Kuwait International Health, Safety & Environment Conference 2017 to support industrial development

Egypt has pledged to eliminate its arrears to foreign oil and gas companies by the end of June 2019 and to not accumulate new arrears. (File photo)
February 15th, 2017 - 09:00 GMT

Egypt pledges to repay international oil debts

H.E. Dr Al Jaber
February 15th, 2017 - 06:09 GMT

ADNOC CEO: UAE leadership prepares for the future to empower socio-economic and human development

The banking and financial services sector in the region are adapting fast to both global and regional economic challenges and new opportunities. (Shutterstock)
February 14th, 2017 - 11:00 GMT

Cheap oil prices are the impetus for change in GCC economies: UBF

His Excellency Saif Humaid Al Falasi, Group Chief Executive Officer, ENOC
February 14th, 2017 - 07:33 GMT

ZOOM recognised for best international store design at US-based 11th Annual Store Design Contest

OPEC is still urging oil suppliers outside the group to fulfil their commitments to cut output. (File photo)
February 14th, 2017 - 05:34 GMT

Saudi oil production reaches lowest level in eight years

During the event
February 13th, 2017 - 10:54 GMT

ADNOC to capitalise on increased sulphur processing capabilities and target new markets

OCTAL CEO, Nicholas Barakat
February 13th, 2017 - 10:11 GMT

OCTAL enters phase III of expansion as an incubator of downstream opportunities

During the meeting
February 12th, 2017 - 10:46 GMT

MD & CEO of DEWA discusses bilateral relations with Italy's Ambassador to UAE

Masdar and ADBC employees celebrate the launch of Mamsha Masdar, a bike and fitness trail around Masdar City which includes two new ADCB Bikeshare stations.
February 12th, 2017 - 10:22 GMT

Masdar City rolls out new Bike and Fitness Trail

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