BP and Shell go back to basics to boost shareholder returns
WEBMay 10, 2024 · Shell and BP had a simple message for investors at their latest results: boring is back. After years of headline-grabbing management changes, splashy deals and ambitious attempts to woo ESG ...
Shell-BP fantasy M&A has some grounding in reality | Reuters
WEBLONDON, Aug 1 (Reuters Breakingviews) - Two decades ago, when John Browne was running BP and the UK oil major was worth more than Shell, his advisors used to run the numbers on a potential...
Exclusive: Shell, BP pursue arbitration claims against Venture …
WEBLONDON, July 12 (Reuters) - Top LNG traders Shell (SHEL.L) and BP (BP.L) have separately filed for arbitration against U.S. exporter Venture Global LNG for failing to supply contracted cargoes,...
Shell revises climate targets as it plans to keep gas business growing
WEBMar 14, 2024 · Shell has weakened some of its climate targets to accommodate plans to keep growing its giant gas business, ditching a 2035 greenhouse gas emissions reduction target even as it maintained a net...
Shell Poised to Add Pipeline Capacity in the Gulf of Mexico
WEB2 days ago · In conjunction with this announcement, Shell and BP America Production Company ("bp") have entered into an agreement for the Rome Pipeline to export 100% of the oil production from bp's recently ...
Shell backs BP in fight over Venture Global LNG exports
WEBJan 3, 2024 · Shell PLC has joined BP PLC in its battle against Venture Global LNG, accusing the liquefied natural gas (LNG) producer of denying it and other customers access to supplies while exporting more...
Shell, BP Keep Pace of Stock Buybacks Steady After 2023 Retreat
WEBMay 7, 2024 · BP Plc kept up the pace of share buybacks in the second quarter, following peer Shell Plc, as oil majors double down on making shareholders returns a priority.
Why are BP, Shell, and other oil giants making so much money ... - BBC
WEBThe big oil companies - from the UK-based BP and Shell to international giants such as ExxonMobil and Norway’s Equinor - have been announcing astonishing profit figures. They are all...
Shell joins BP and Total in U-turning on climate pledges
WEBJun 15, 2023 · Shell now says that production will remain stable until 2030, and it will invest $40 billion (€36.7 bn) in oil and gas production between 2023 and 2035. That’s compared to between $10bn (€9bn)...
What To Make Of BP And Shell Dividends Following Latest Results? - Forbes
WEBNov 3, 2023 · Both BP (LON: BP) and Shell (LON: SHEL) appear to be focused on enhanced shareholder returns over the near-term. So what should investors expect as 2024 approaches?