BP, Shell, Exxon, and Chevron are boosting fossil fuel investments after disappointing returns on green energy ventures. BP is increasing oil and gas spending by 25% and Shell is prioritizing LNG ...

The oil/energy industry is witnessing a wave of consolidation as energy giants seek to strengthen their market position amid changing dynamics. The latest speculation about a possible merger between ...

British energy giant BP is set Wednesday to announce a shakeup to its strategy after a difficult trading year and as countries transition to cleaner energy. A much anticipated presentation to ...

Shell plc SHEL is reportedly exploring a potential acquisition of British energy rival BP plc BP, a deal that could mark one of the largest mergers in the history of the oil industry. While no formal ...

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 ...

Shell (SHEL) moved swiftly to quash a Wall Street Journal report suggesting early-stage takeover talks with rival BP (BP), insisting that “no talks are taking place” and denouncing the article as mere ...

LONDON, March 19 - In this new era of energy nationalism, the British government will want to keep an oil and gas company like BP (BP.L), opens new tab based in the country, but it may ultimately need ...

Exxon and Chevron posted strong Q2 oil and gas output, driven by Guyana, Permian, and Kazakhstan. BP and Shell’s past focus on renewables and asset sales has led to lower oil and gas output, with ...

Investor excitement after The Wall Street Journal reported recently that Shell was in early talks to acquire BP was quickly dampened by Shell’s outright dismissal of the possibility as “market ...

France’s TotalEnergies is betting big on power and renewables, positioning itself to ride the global electricity demand wave ...