Iraq to Pay $2.76B in Gas, Electricity Debt to Iran

• Sunday, 11th June 2023
• by Israa Ibrahim

After securing a sanctions waiver from the United States, Iraq agreed to pay Iran $2.76 billion in gas and electricity debt, a senior official in the Iraqi foreign ministry said, Reuters added. U.S. sanctions on Irani...

Total Seeks Up to $15 Billion in Chinese Funds for Russian Project

• Monday, 23rd March 2015
• by Egypt Oil & Gas

Total SA is seeking the equivalent of up to $15 billion in Chinese financing to fund its expansion in Russia, its chief executive said, as U.S. sanctions complicate the French oil giant’s big bet there. Total Chief Ex...