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Iraq says it has reached new agreements with Iran on gas supply
May 09, 2022 04:39Iraq has reached new agreements with Iran on the supply of natural gas from the country, according to the spokesman of the country’s Ministry of Electricity.
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'This is robbery': Chevron profits quadruple and Exxon's double amid Russia- Ukraine crisis
May 04, 2022 13:40Chevron and ExxonMobil announced Friday that their profits surged during the first quarter of 2022, prompting fresh calls for a windfall tax as the U.S.-based oil giants continue to exploit Russia- Ukraine crisis to hike prices at the pump and lobby for more drilling.
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Iran to supply natural gas to 5 more power plants by end of 2022
May 04, 2022 04:46The National Iranian Gas Company (NIGC) says five more power plants in the country will be supplied with natural gas by the end of this year.
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Putin retaliates as EU prepares sanctions on Russian oil
May 03, 2022 13:21Russian President Vladimir Putin has signed a decree on retaliatory economic sanctions in response to the "unfriendly actions of certain foreign states and international organisations".
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Iraq’s energy debt to Iran reduced to over $1 billion: Businessman
May 02, 2022 05:06A senior businessman watching over trade between Iran and Iraq says Baghdad has reduced its unpaid energy bill to Tehran to just over $1 billion from more than $5 billion reported in late 2020.
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Russia to cut gas supplies to Poland, Bulgaria amid tensions over Ukraine
Apr 27, 2022 09:41Russia's energy giant Gazprom is reportedly going to cut off natural gas deliveries to Poland and Bulgaria, after they refused to pay for their supplies in rubles.
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IRGC Navy captures fuel smugglers in SE Iran
Apr 24, 2022 07:14The Islamic Revolution Guards Corps (IRGC) Navy forces confiscated three hauls of contraband fuel in Iran’s southeastern waters, arresting the smugglers.
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Iraq to dispatch a delegation to Tehran to discuss gas supply
Apr 18, 2022 04:30An Iraqi delegation will travel to Iran to resolve gas supply issues amid efforts to prevent a shortage of electricity in the Arab country over the warm summer months.
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Any embargo on Russian energy exports to take several months: EU official
Apr 15, 2022 18:20A European official says introducing any ban on Russian energy imports would take "several months," as the European Union is working on broadening sanctions on Russia over the conflict in Ukraine.
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Saudi Arabia repeats claims about disputed Persian Gulf gas field
Apr 14, 2022 04:55Saudi Arabia has repeated its claims about a gas field located in the Persian Gulf that Iran considers a shared reserve.