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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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Dana Gas reported a full year revenue of $392 million as compared to $417 million in 2015. (Shutterstock)
February 12th, 2017 - 09:00 GMT

Unpaid dues from Egypt, Kurdistan hit UAE's Dana Gas profits, investment plans

Egypt owes $3.5B  to foreign oil companies but a foreign currency shortage has made the drawing down of those debts more difficult. (File photo)
February 9th, 2017 - 10:00 GMT

Egypt repays $630M debt to Eni for Zohr gas field development

The report indicated that Jordan is placing a heavy emphasis on solar and wind power projects. (PV magazine/Samer Zawaydeh)
February 9th, 2017 - 08:00 GMT

Clean energy investments gain momentum in Jordan

Aramco's IPO, which is predicted to raise about $100 billion, is set to yield millions of dollars in fees and push Moelis up in global investment bank rankings. (File photo)
February 9th, 2017 - 07:00 GMT

Saudi Aramco names boutique bank Moelis to advise on historic IPO

OPEC countries agreed with exterior independent producers, including Russia, to reduce their product around 1.8 million barrels per day for six months starting from January.  (File photo)
February 8th, 2017 - 11:00 GMT

Oil production cut compliance rate hits highest level in history of OPEC

The Lilyvale Solar Farm in Queensland is expected to begin operations towards the end of 2018. (Abdul Lateef Jameel Energy)
February 8th, 2017 - 10:00 GMT

Abdul Latif Jameel Energy's FRV seals deal for solar energy farm in Australia

A part of the gas will be consumed in Oman and the rest of it turned to liquefied natural gas (LNG) for export to target markets.  (Chess Subsea Engineering)
February 8th, 2017 - 09:00 GMT

Oman renews undersea gas pipeline agreement with Iran

Jim McIlvenny
February 7th, 2017 - 09:02 GMT

Jim McIlvenny named as new Dow IMEAT President

Recently, members of Oman’s Shura Council called for fuel prices to be fixed annually instead of monthly and to help low income families afford fuel. (Shutterstock)
February 7th, 2017 - 05:28 GMT

Bring subsidies back? Call for 'fuel stamps' to help the poor in Oman

ADNOC Distribution
February 6th, 2017 - 10:46 GMT

ADNOC Distribution opens Al Rgayyb Service Station in Western Region

The non-oil private sector expects market conditions to continue to improve over the coming year. (Shutterstock)
February 6th, 2017 - 08:00 GMT

Saudi’s non-oil businesses improve, but job growth remains slow

The large-scale renewable energy project will generate five thousand megawatts of energy for the country. (File photo)
February 5th, 2017 - 02:00 GMT

Iran to spend $3 billion on renewable energy projects

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