BP made a big deal of repositioning itself as “Beyond Petroleum”. Then-CEO John Browne’s attempt to embrace lower-carbon ...
BP has been falling behind its peers for years. If it doesn’t narrow the gap, its days as an independent company could be ...
The Nigerian government is in talks with local communities to restart oil production in a region that’s previously suffered ...
Shell's 2024 financial results reveal a prioritization of shareholder returns through increased dividends and share buybacks, while investments in renewable energy and overall capital spending decline ...
The green energy debate throws up a never-ending list of important questions that environmentalists struggle to answer.
Hundreds of energy workers in Houston have been laid off in consolidations, but the job market still looks optimistic.
Donald Trump’s inaugural address as US president this week included a eulogy to fossil fuels and the “liquid gold under our feet”. Despite BP’s large oil and gas operations and reserves in Texas and ...
Three months before Deepwater Horizon, BP’s market value briefly overtook that of Shell but now it lags far behind. There will be many bankers wondering whether they can fix a merger or a takeover.
Rio Tinto and Glencore held preliminary merger talks in what would be the biggest deal in the mining industry, Bloomberg reports, citing anonymous sources.
Glencore, which previously proposed a merger with Rio in 2014, has been one of the most aggressive dealmakers in the sector. Its former chief executive officer Ivan Glasenberg, who spearheaded the ...
The spike in the oil price has also boosted shares in global energy companies such as BP and Shell which are major ... resources sector was also lifted by merger and takeover chatter, encouraging ...
“A merger makes sense,” agreed Ben Cleary, portfolio manager of Tribeca’s Global Natural Resources Fund. “It’s been talked about on and off for a decade, and it solves issues for both ...