Total to sign milestone Iran gas deal since sanctions eased

Total is planning to a sign a formal contract with Iran this Monday for the development of the country's share of the world's largest natural gas field. Under the preliminary November accord, Total will control 50.1 percent of the project.

Photo: Milad Payami - Statoil

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EU summit wants updated climate strategy

At a European Union summit this week, national leaders decided that the EU Commission should present a proposal for reducing CO2 emissions by the beginning of next year.

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