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BP Slashes Nearly 8,000 Jobs Globally in Major Cost-Cutting Drive

In a significant move that signals a strategic shift in the energy sector, BP announced today it will cut 4,700 permanent positions and...

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Constellation Energy Nears Historic $30 Billion Acquisition of Calpine, Marking Power Sector’s Major Transformation

In a landmark development that could reshape the U.S. power generation landscape, Baltimore-based Constellation Energy Corp. is in advanced negotiations to acquire Calpine...

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Leonid Fedun: From Military Beginnings to Oil Magnate

Leonid Fedun is a prominent figure in the global oil industry, known for his pivotal role in shaping Lukoil, one of the largest...

Billionairesworld's billionaires

Lu Yonghua: Steering Jiangsu Linyang Energy Towards Global Energy Transformation

In the dynamic and rapidly evolving energy sector, Lu Yonghua stands out as a visionary leader, whose strategic foresight and commitment to innovation...