Shell and BP are set to earn an extra £5bn in profit this year as conflict in the Gulf sends the price of oil surging. While the two British energy giants face a hit from disruption in the Middle East ...

BP will evaluate hydrocarbon prospects in Messla and Sarir as it reopens Tripoli office by late 2025. Shell will conduct feasibility studies on Libyan oil fields fully owned by the National Oil ...

The FTSE 100 opened the week on a positive note. Despite  rising geopolitical tensions and increasing oil prices, the index is  advancing. It gained 0 ...

For weeks, market tongues have been wagging about a potential merger between Britain's oil giants — until, ending weeks of speculation, Shell on Thursday denied reports that it's in talks to acquire ...

LONDON (AP) -- British oil giant Shell on Thursday denied media reports that it is in talks to buy rival BP. The Wall Street Journal on Wednesday said Shell was holding "early stage talks," to acquire ...

BP has named former Shell chief financial officer Simon Henry to its board as a non-executive director, the UK supermajor said Monday. Henry’s tenure on the board will start 1 September, BP said.

The International Chamber of Commerce (ICC) International Court of Arbitration found that Venture Global breached its ...

BP stock outlook: oil & gas price gains may fade into 2026, production risks loom, and windfall taxes plus stretched ...

LONDON (AP) — British oil giant Shell on Thursday denied media reports that it is in talks to buy rival BP. The Wall Street Journal on Wednesday said Shell was holding “early stage talks,″ to acquire ...