The energy giant has been weakened by years of mishaps and poor decisions, leading to rumors of a takeover that may not ...

BP shares jumped 7% after news broke that BP is in early-stage talks with Shell for a possible acquisition. According to The ...

BP (NYSE:BP) is scaling back its energy transition strategy and will drop its ambitious target of cutting oil and gas production by 2030, with plans to raise its output instead, sources with ...

Shell has put paid to reports that it was in talks to buy its rival, but the British oil giant could still find itself in ...

The striking part of the statement is that it was made under what is known as 2.8 of the UK City Code on takeover and mergers ...

Oil majors are cutting back on renewable energy projects while ... BP and Shell had 2.7 GW and 3.2 GW of operational ... - Whilst majors tentatively eye opportunities in biodiesel or ...

BP, Tuesday 11 February. A t the start of next week, those following oil and gas firms will be paying attention to British ...

A protracted period of underperformance relative to its industry peers has thrust BP into the spotlight as a prime takeover candidate.

BP and Shell trade at roughly eight to nine times earnings compared with 14 times for ExxonMobil and Chevron, two American oil giants. European majors face valuation penalties for underperforming ...

BP’s shareholders can expect a multibillion-dollar payout this year after the oil giant reported better than expected quarterly profits of almost $2.8 billion and set out plans to develop a new ...

BP said to eye raising oil production as it scales back clean energy strategy Oct. 07, 2024 4:22 AM ET BP p.l.c. (BP) Stock SHEL By: Jessica Kuruthukulangara , SA News Editor 34 Comments Play ( 2min ) ...

At the start of next week, those following oil and gas firms will be paying attention to British firm BP, which releases its full-year results on the 11 February. The shares are struggling to ...