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 ...

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 ...

“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 ...

Rio Tinto and Glencore have held talks over a potential merger that would be the mining sector’s biggest ever deal. The London-listed mining giants have held early-stage discussions about a ...

BP, whose market capitalization was at $84.58 billion as of Thursday, is now valued at less than half of Shell. It also faces increasing competition from rivals that were once significantly ...