BP Flags Hit From Lower Oil, Gas Prices But Expects Production Rebound BP warned lower oil and gas prices would hit its second-quarter performance, but said it expects higher upstream production and a ...

The energy major said that while upstream production is expected to rise quarter-on-quarter, lower oil and gas sales could ...

The Central Energy Fund's purchase of BP and Shell’s oil refinery in South Durban will have far-reaching repercussions as the state assumes the burden of addressing its environmental violations and ...

BP's rival, Shell, has expressed interest in a takeover. That would be the least-worst option for Britain’s beleaguered oil ...

MPs will have the opportunity to debate a ban on fossil fuel advertising and sponsorship and to address its impact on climate ...

The energy giant has been weakened by years of mishaps and poor decisions, leading to rumors of a takeover that may not ...

Shell’s robust rejection of these reports appears to have, for now, thrown cold water on a potential takeover bid for BP.

Switzerland-based Allseas is in pole position for the offshore transportation and installation linked to the R-Cluster expansion, which involves the subsea tie-back of at least four deepwater ...

Nike’s shares are rising sharply after saying it plans to shift some of its production away from China. The footwear and clothing company also said late Thursday that tariffs imposed by the ...

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 ...

Some analysts have suggested BP would be an attractive takeover after a plan to shift its focus to renewable energy, which was abandoned earlier this year, left its shares undervalued in comparison to ...

Shell was last night forced to deny it is in talks to buy rival BP in what would be one of the biggest oil industry mergers of all time. It came after The Wall Street Journal reported that the oil ...