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Russia and Iran are planning to expand cooperation in the energy sector. This was reported by Tehran Times, a partner of TV BRICS. Hossein-Ali Mohammad Hosseini, director of corporate planning at an Iranian national energy company, met with representatives of the relevant Russian ministry. The two sides discussed trade, the establishment of a joint research ...
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India’s state-run Oil and Natural Gas Corp. posted better-than-expected quarterly profits as lower operating costs and increased oil production helped offset a decline in gas prices and output. The company’s net income jumped to 98.69 billion rupees ($1.2 billion) in the three months ended March 31 from 5.3 billion rupees a year earlier, according to a ...