The energy company joins British peer Shell in warning that weak fourth-quarter oil-trading performance would drag on ...

BP has issued a warning that it anticipates up to five billion dollars (£3.7 billion) in write-downs across its gas and ...

In an update ahead of earnings next month, the energy giant also flagged “weak” oil trading and “flat” production for the fourth-quarter, while net debt was reduced. The update follows the shock ...

Shell has streamlined its low-carbon businesses, scaling back hydrogen for transport in certain markets and refocusing power ...

The oil giant joined FTSE 100 rival Shell, after it also last week cautioned over a weaker performance from oil trading amid lower crude costs.

Discussions inside Shell have gained momentum in recent weeks, driven largely by BP’s declining market capitalization. BP’s shares have lost nearly 22.4% over the past year due to weak oil prices, ...

The last year in which the BP share price did better than that of its closest rival was 2022. But James Beard remains ...

The legality or otherwise of Washington’s decision to pursue regime change in Venezuela will be debated long after Donald ...

Shell doubled down on its denial of acquiring rival BP, claiming it has “no intention” of making an offer while invoking a U.K. law that forbids Shell from bidding on BP during the next six months ...

Shell plc is a textbook Hold: fair valuation, solid buybacks, and a decent dividend, but no major upside or hidden value from BP p.l.c. merger rumors. Both Shell and BP are prioritizing cash flow, ...

Shell (NYSE:SHEL) has moved quickly to shut down speculation about a takeover bid for BP (LSE:BP,NYSE:BP), issuing a formal statement under the UK Takeover Code. According to the company, no talks ...

[Stay on top of transportation news: Get TTNews in your inbox.] Shell Plc denied a Wall Street Journal report that it is in active talks about acquiring its London-based oil rival BP Plc. “This is ...