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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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Iraqi is already exporting oil at near record levels. (File photo)
October 13th, 2016 - 04:15 GMT

Norway's DNO to boost oil production at Kurdish wells

The target of the Ministry of Petroleum was to reduce its dues to less than $2.5bn by the end of 2015, and to repay its full dues by the end of 2016. (Daily News Egypt)
October 12th, 2016 - 10:00 GMT

Egypt's petroleum ministry debt to foreign companies rises to $3.6B

From the congress
October 12th, 2016 - 04:35 GMT

HE Saeed Mohammed Al Tayer participates in panel discussion during 23rd World Energy Congress in Istanbul

Omanoil - Customer Care Week 2016 Conclusion (2)
October 12th, 2016 - 04:19 GMT

Oman Oil Marketing Company succesfuly concludes ‘Customer Care Week’

The project's coalition includes Kawar energy companies, a subsidiary of Japan's Mitsubishi company and Nebras Power company, a subsidiary of Qatar Electricity and Water Company. (File photo)
October 12th, 2016 - 04:00 GMT

Jordan inaugurates MENA's largest private-sector solar energy project

Last month, Gazprom said construction could start by the end of 2017 if an intergovernmental agreement was signed in October, with the goal of completing the pipeline by 2019. (Gazprom)
October 11th, 2016 - 10:24 GMT

Turkey, Russia natural gas deal back in the pipeline

In April, Saudi Aramco signed a $23B contract with the EGPC to supply Egypt with 700,000 tonnes of oil products monthly over a five-year period. (File photo)
October 11th, 2016 - 07:00 GMT

Saudi Aramco insists halted oil shipments to Egypt are temporary

Russian President Vladimir Putin gives a speech during the 23rd World Energy Congress on October 10, 2016 in Istanbul. (AFP/Ozan Kose)
October 11th, 2016 - 06:00 GMT

Russia agrees to joining oil output curb

Egypt announced additional tenders for 665,000 tonnes of gasoil and 132,000 tonnes of gasoline for November arrival, levels that could suggest a protracted delay of Aramco products. (Shutterstock)
October 9th, 2016 - 08:30 GMT

Halted Saudi oil deliveries leave Egypt scrambling for tenders

Under the theme “Embracing New Frontiers,” the congress program will lead delegates through the current and critical issues facing the energy industry. (Shutterstock)
October 6th, 2016 - 12:00 GMT

The 23rd World Energy Congress 2016 in Istanbul hopes to 'Embrace New Frontiers'

Through its various subsidiaries, EGPC engages in all aspects of the petroleum industry. (Shutterstock)
October 6th, 2016 - 11:00 GMT

Apicorp arranges $100M Murabaha financing for Egyptian General Petroleum Corporation

The UAE mainly imports gas to generate electricity from Qatar through the Dolphin energy pipeline. (Shutterstock)
October 6th, 2016 - 09:00 GMT

Dolphin Energy, Qatar Petroleum ink LNG deal with RAK, Sharjah

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