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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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An Austrian soldier stands guard outside the OPEC headquarters on the eve of the 171th meeting of the Organization of the Petroleum Exporting Countries in Vienna. (AFP/Joe Klamar)
December 11th, 2016 - 07:00 GMT

OPEC, non-OPEC producers strike first global oil cutback deal in over ten years

Saudi Arabia and Kuwait will cut output from their producing oil fields to allow for any increase from the Wafra and Khafji fields between the two countries. (AFP/File)
December 8th, 2016 - 11:00 GMT

Saudi-Kuwait oil drilling in Neutral Zone to resume after two years' suspension

During the event
December 8th, 2016 - 10:50 GMT

DEWA cooperates with 80 government organisations to raise environmental awareness over the summer

HE Saeed Mohammed Al Tayer, MD & CEO of DEWA
December 8th, 2016 - 06:19 GMT

DEWA wins Golden Peacock Global Award 2016 for Excellence in Corporate Governance

OPEC and other producers meet again during the weekend to discuss the terms of last week's agreement from Vienna.
December 8th, 2016 - 05:39 GMT

Oil prices continue to dip despite OPEC efforts

During the event
December 7th, 2016 - 06:10 GMT

DEWA organises 1st Annual Conference for People with Disabilities

ENOC Annual Business Excellence Awards
December 6th, 2016 - 11:12 GMT

ENOC’s annual Business Excellence Awards highlight AED69 million in savings through employee suggestions

During the event
December 6th, 2016 - 06:20 GMT

DEWA’s emission reduction efforts achieve ISO 14064-1 certification

The Kurdish Ministry of Natural Resources said its oil- and gas-dependent economy was a vital contributor to the funds necessary to support the fight against the Islamic State. (File photo)
December 6th, 2016 - 06:00 GMT

Kurdish oil reps court opportunities in London

During the event
December 5th, 2016 - 12:06 GMT

HE Saeed Mohammed Al Tayer discusses with HE Mona Al Bahar ways to instil a culture of innovation among the younger generation

Any production increase from Libya and Nigeria will naturally dilute the impact of the agreed production cuts. (Shutterstock)
December 5th, 2016 - 12:00 GMT

OPEC's poor history of compliance will make production cut deal a challenge

Rouhani emphasized that the prospects will be specifically positive in light of the country’s recent “victory” in OPEC to move ahead with its crude oil production and export plans with no limitations.  (File photo)
December 5th, 2016 - 09:00 GMT

Iran budgets on oil at $50 in 2017

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