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Oil And Gas

BP Plans Major Workforce Reduction Amid Restructuring Drive

BP is planning to cut around 700 positions from its non-frontline global workforce as part of a broader effort to streamline operations and improve profitability, according to an internal email reviewed by Reuters. The...

$300 Billion Private Fund Proposed to Drive Iran Reconstruction and Investment

A proposed $300 billion private-sector investment fund aimed at accelerating reconstruction and economic development in Iran has emerged as a key component of the recently agreed U.S.-Iran framework deal. According to sources familiar with...