BP’s weak first-quarter results and stock underperformance over the past year rekindled speculation that the UK-based supermajor could be a target of a blockbuster acquisition. As it has been ...

Shell is stepping back from new offshore wind investments and is splitting its power division following an extensive review of the business that was once seen as a key driver of the company's energy ...

Shell plc SHEL, one of the world's most prominent energy giants, has announced it will scale back its involvement in new offshore wind investments in a move that marks a significant departure from its ...