The United States has approved new licences allowing major international energy companies — BP plc (LSE: BP), Chevron Corporation (NYSE: CVX), Shell plc (LSE: SHEL), Eni S.p.A. (BIT: ENI) and Repsol S ...
Balancing these concerns, there was divergence between Shell and BP as they announced full-year 2025 financial results. Shell ...
Energy majors Shell plc and BP plc have been cleared to operate in Venezuela under newly issued licences from the United ...
BP's decision to scrap buybacks may be painful in the short run, but by prioritising production growth over shareholder payouts it can begin to repair its shaky financial footing.
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 ...
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, ...
Shell plc is a textbook Hold: fair valuation, solid buybacks, and a decent dividend, but no major upside or hidden value from BP p.l.c. merger rumors. Both Shell and BP are prioritizing cash flow, ...
The oil giant also says it is suspending its share buyback programme ahead of the arrival of its new boss.
[Stay on top of transportation news: Get TTNews in your inbox.] Shell Plc denied a Wall Street Journal report that it is in active talks about acquiring its London-based oil rival BP Plc. “This is ...
Shell (NYSE:SHEL) +2.5% pre-market Thursday after issuing a statement that it has not engaged in talks with rival BP (NYSE:BP) and is not planning a takeover offer, in a firm denial of the previous ...
The oil major moved to shore up its finances as it pivots back to fossil fuels.