BP’s stock rallied on Wednesday, and shares of Shell fell, after the Wall Street Journal reported the two companies were holding merger talks.

BP has reversed its renewable energy ambitions to refocus on oil and gas production, appointing a new chair and selling off ...

This withdrawal underscores the immense challenge and inherent tension faced by major energy companies as they navigate the ...

Shares of BP rose Wednesday, lifted by a report that Shell was in talks to acquire it in what would mark a huge deal for the pair of U.K. oil giants.

BP on Monday appointed Simon Henry, former finance chief of Shell , to its board as a non-executive director effective September 1.

Shell and other leading energy groups have abandoned a six-year-long attempt to define a net zero emissions strategy after being told that such a standard would require them to stop developing new oil ...

The appointment of Henry, as well as Ian Tyler and US oil executive Dave Hager, who also joined BP as directors this year, was part of an overhaul designed to ensure the board had “the necessary ...

Libya's National Oil Company has signed agreements with BP (NYSE:BP) and Shell (NYSE:SHEL) to conduct studies for hydrocarbon exploration and development at three Libyan oilfields, aiming to increase ...

Oil Majors BP and Shell agreed with Libya's National Oil Corp (NOC) to conduct studies for hydrocarbon exploration and development at three Libyan oilfields, NOC said in a statement on Monday. Libya, ...