Tuesday, January 7, 2025

Iran: From Rouhani’s Cabinet Picks Lawmakers Approve All but Energy Minister

From AP Rouhani said the country needs some $200 billion in foreign investment in its oil and gas sector, its main source of foreign revenue. The country’s crude export income reached more than $21 billion in 2016, up from some $12 billion before the nuclear deal. TEHRAN, Iran (AP) — Iranian lawmakers on Sunday approved 16 Cabinet members nominated by

BHP Billiton to Replace 2 Directors in Board Shake-Up

From Reuters SYDNEY (Reuters) – Global miner BHP Billiton on Wednesday unveiled a board shakeup that will see controversial director Grant King step down six months after joining the company amid concerns among investors over oil investments. King, a former chief executive of Origin Energy, was once tipped to succeed Jac Nasser as chairman of the world’s biggest mining company,