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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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The GCC's savings from increased fuel prices will likely be small - an average of 0.5 per cent of GDP across GCC countries in 2016. (File photo)
February 18th, 2016 - 12:00 GMT

GCC needs more than fuel subsidy reforms: Moody's

Al Bawaba
February 18th, 2016 - 07:00 GMT

Oil rallies following Tehran meeting, but Iran stays cool on freeze plans

During the event
February 18th, 2016 - 04:40 GMT

DEWA organises Al Namoos workshop for consultants and contractors

A view inside Masdar City. (Ali Haider/EPA)
February 17th, 2016 - 01:16 GMT

From city of the future to ghost town: what's left of Masdar the green city in the UAE desert?

During the event
February 17th, 2016 - 10:43 GMT

EQUATE & Gulf Cryo Official inaugurate Kuwait’s 1st CO2 plant under the patronage of the Minister of Commerce & Industry titled “Partners Towards A Clean Environment”

The agreement would have allowed stakes in Israel's biggest gas fields, Tamar and Leviathan. (Twitter)
February 17th, 2016 - 07:44 GMT

Has the natural gas deal between Jordan and Israel gone up in smoke?

An oil refinery draws out the skyline. (Twitter)
February 17th, 2016 - 05:36 GMT

Scraping the barrel? Kuwait Petrol seeks loan for $10 billion

Jordan is classified as an energy-intensive country as its energy consumption is high even when compared to industrial countries. (File photo)
February 16th, 2016 - 10:00 GMT

Renewable energy projects welcomed in Jordan

The drop from $120 per barrel in 2014 to under $35 today is the result of a 2% change in the supply-demand balance. (File photo)
February 16th, 2016 - 08:30 GMT

Oil prices on the brink, could drop below sustainable levels

The Khazzan reservoirs have the potential to be a major new supply of gas for Oman. (Shutterstock)
February 15th, 2016 - 07:00 GMT

BP to develop next phase of Oman's Khazzan gas field

Employees work at the Siba oil field from Egypt's state-owned Petrojet in southern Iraq, 30 kilometers south of Basra, on February 5, 2016. (AFP/Haidar Mohammed Ali)
February 14th, 2016 - 09:00 GMT

How to save the oil industry from itself

EQUATE President & CEO Mohammad Husain
February 14th, 2016 - 05:25 GMT

EQUATE realizes USD 739 million net profit in 2015

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