Shell (NYSE:SHEL), Enbridge (ENB) and Aker BP (OTCQX:AKRBF) have quit a six-year-long attempt to define a net zero emissions strategy after being told that such a standard would require them to stop ...

ExxonMobil's December 2024 announcement to pursue up to $30 billion in low-emission projects from 2025 through 2030 is a bold bet on the clean energy transition. Around 65% of this spend is earmarked ...

How the energy giants tried to transform their businesses — but ended up dramatically scaling back those plans and writing ...

BP shares were whipsawed Wednesday as investors reacted to reports that the oil major might be acquired. BP shares jumped more than 10% to a session high of $32.94 on a report in The Wall Street ...

Shell refuted the takeover rumors, yet the speculation emphasizes what investors are beginning to recognize: BP’s significant discount and strategic shift might be due for reevaluation. With shares ...

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, ...

BP's stock price jumped as much as 10% after the Wall Street Journal reported that rival Shell is in early talks to acquire the British oil company. Shares of BP jumped $3.11, or 10%, to $32.94 in ...

Stream NBC 5 for free, 24/7, wherever you are. BP shares were whipsawed Wednesday as investors reacted to reports that the oil major might be acquired. BP shares jumped more than 10% to a session high ...