BP and Shell, two of Europe’s biggest oil-and-gas companies, have a valuation problem that they haven’t been able to solve ...

British energy giant Shell on Thursday announced a 17-percent drop in annual net profit owing to weaker oil and gas prices as well as asset write-offs.

The figures add weight to calls for a windfall tax to be imposed on BP and rival Shell. Both made record profits of more than £9 billion last year, with BP's figure the highest ever recorded by a ...

Oil giant BP Amoco today reported a massive rise ... The rise came days after rival Shell announced record profits - rising 85% during the year to £9 billion. And angry critics warned the news ...

FTSE 100 smashes through 8,600 mark for the first time - London’s top index finished 89.07 points, or 1.04%, higher to end ...

Douglas McIntyre, editor-in-chief of Climate Crisis 24/7, reports on Shell and BP’s decisions to exit the offshore wind power sector, citing profitability challenges. He highlights issues like ...

According to Reuters, the likes of BP and Shell had cut their plans to spend ... Scientists have warned that 2025 could be the warmest year on record as carbon emissions reach new highs, Reuters ...