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Unnamed sources familiar with the developments have told Bloomberg that Shell was studying a takeover that would depend on whether the BP stock would continue to decline after losing close to 30% over ...
Meanwhile, activist investor Elliott Management is pushing for more aggressive goals to get the company back on its feet.
India's Block NEC-25 is home to multiple mid to deepwater gas discoveries that were unveiled more than 15 years ago but not ...
As one UK major is rumored to be a potential takeover target for another, Energy Intelligence examines whether BP's portfolio ...
The oil major saw its shares lift on Tuesday, following reports its biggest rival is weighing whether to launch a takeover bid.
How has the once-mighty supermajor found itself in such a vulnerable position? It’s a story two decades in the making.
BP has shifted its strategy back to oil and gas production under new CEO Murray Auchincloss, aiming for 2.5 million bpd by ...
The latest casualty? BP’s top sustainability executive, Giulia Chierchia, will leave the company on June 1, marking another ...
The oil company may opt to focus on share buybacks and bolt-on acquisitions, according to people familiar with the matter.
Shell is the only major oil and gas giant whose stock is up in 2025. With a $200 billion market cap, making it the third ...
Shell is reportedly working with advisers to evaluate a potential acquisition of BP, though it's waiting for further stock ...
Shell is said to be considering how it could take over rival oil major BP in a mega-merger to create an energy, chartering ...
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