The energy company joins British peer Shell in warning that weak fourth-quarter oil-trading performance would drag on ...
The oil giant joined FTSE 100 rival Shell, after it also last week cautioned over a weaker performance from oil trading amid ...
The oil giant foresees impairment charges mostly related to its gas and low carbon business, BP said in a statement on ...
The last year in which the BP share price did better than that of its closest rival was 2022. But James Beard remains ...
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, ...
The Wall Street Journal reported yesterday that Shell (SHEL) was in early-stage talks to acquire BP (BP), a deal that could be the largest oil merger in a generation, potentially surpassing ExxonMobil ...
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's rumored interest in acquiring BP made sense due to BP's underperformance and Shell's stronger financials and strategy. BP's aggressive green energy pivot weakened its core business, while ...
The legality or otherwise of Washington’s decision to pursue regime change in Venezuela will be debated long after Donald ...
BP has warned it expects to book up to five billion dollars (£3.7 billion) in write-downs across its gas and low-carbon ...
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