There were also bright spots in the statement, which comes ahead of official second-quarter earnings on Aug. 5.

Discussions at the Opec International Seminar in Vienna on Wednesday pushed the narrative that talk of "peak oil demand" has ...

Ministers and executives from OPEC nations, along with bosses of Western oil majors, stated on Wednesday that increased ...

Oil giant BP has appointed former Shell finance chief Simon Henry to its board amid concern among investors about the performance of the ...

Driving Angolan Hydrocarbon Production: bp Chief Executive Officer (CEO) Murray Auchincloss Joins Angola Oil & Gas (AOG) 2025 ...

BP share price's upside gains came to an end after two sessions as US oil glut and the company's weak fundamentals returned ...

Energy Intelligence looks at what could happen during the six months that Shell, under normal circumstances, is barred from ...

Market chatter about a potential Shell-BP merger has intensified, fueled by BP’s weak performance, strategic flip-flops, and ...

Shell's robust rejection of these reports appears to have, for now, thrown cold water on a potential takeover bid for BP.

It took just one report to send BP stock climbing. And just one sentence from Shell to send the rumor mill spinning even faster. Confident Investing Starts Here: Easily unpack a c ...

Exxon-Mobil (US:XOM) and Chevron (US:CVX) would have a higher regulatory hurdle to clear before being able to buy BP. But any nod from Downing Street would mean the creation of the world’s largest ...

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. That might seem dull, but in theory, it means Shell has barred itself ...