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 ...

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

Shell and other leading energy groups have abandoned a six-year-long attempt to define a net zero emissions strategy after ...

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

BP on Monday appointed Simon Henry, former finance chief of Shell, to its board as a non-executive director effective September 1. Henry, who worked at Shell for over three decades, was its chief ...

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, ...

BP shares jumped 7% after news broke that BP is in early-stage talks with Shell for a possible acquisition. According to The Wall Street Journal, the discussions are active but moving slowly, with no ...

ExxonMobil, the world's largest integrated energy company, expects its second-quarter earnings to take a hit because of lower ...

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

Executives at Shell are in early stage talks over a deal with BP, according to the WSJ, in a move that could create a £210bn energy giant ...

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's (NYSE:BP) cheaper valuation means it is vulnerable to takeover approaches from across the oil and gas sector, not necessarily just from Shell (SHEL), according to AJ Bell investment director ...