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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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UAE oil giant to sell 15% stake in Adnoc logistics unit
May 10th, 2023 - 09:41 GMT

UAE oil giant to sell 15% stake in Adnoc Logistics

Oil drops 0.7% ahead of U.S. inflation data
May 9th, 2023 - 10:23 GMT

Oil drops 0.7% ahead of US inflation data

ARAMCO posts Q1 profits, beats expectations
May 9th, 2023 - 09:45 GMT

Aramco posts Q1 profits, beats expectations

Iraq resumes oil loading and export operations from Al-Qayyarah field
May 9th, 2023 - 07:42 GMT

Iraq resumes exports from Al-Qayyarah oil field

UAE Nuclear Energy Corporation signs three MoUs with Chinese Nuclear Energy Institutions
May 8th, 2023 - 10:39 GMT

UAE, China sign 3 memos on peaceful nuclear energy

Oil drops 4% as Fed raises interest rate
May 4th, 2023 - 06:47 GMT

Oil drops 4% as Fed raises interest rate

BP: Announces Q1 net profit of $4.96 billion, below last year's exceptional levels
May 2nd, 2023 - 09:44 GMT

BP reports $4.96b net profit in 1st quarter

Fuel Prices in the UAE Increase for May 2023
May 1st, 2023 - 08:43 GMT

UAE Fuel Prices rise in May 2023

Exxon and Chevron divided over what to do with record profits
May 1st, 2023 - 07:57 GMT

ExxonMobil, Chevron divided on record profits

Libyan National Oil Corporation resumes natural gas production after 12 year hiatus
May 1st, 2023 - 07:22 GMT

Libyan firm resumes natural gas production

Iraq's Oil exports revenues exceed $7 B in March
April 28th, 2023 - 11:40 GMT

Iraq's oil revenues exceed $7b in March

Oil Inventory Rises in OECD Countries, US Crude Oil Imports Drop
April 26th, 2023 - 07:38 GMT

Oil inventory up in OECD, US crude imports drop

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