News

BP's shares surged on takeover speculation in May, and the company submitted decent Q1 earnings last month, despite lower liquids realizations. BP generated fairly stable results in oil production ...
More takeover talk involving potentially several suitors was lifting shares of BP on Friday. U.K. shares of BP UK:BP rose over 3% on Friday, while U.S.-listed shares BP gained over 2%. Barbara ...
BP rose on Monday (Tuesday AEST) after Bloomberg reported that Shell is working with advisers to evaluate a potential acquisition of its UK rival. BP’s American depositary receipts climbed 1.9 ...
Shell is reportedly working with advisers to evaluate a potential acquisition of BP, though it's waiting for further stock and oil price declines before deciding whether to pursue a bid.
Shell eyes BP buyout, but awaits lower oil and stock prices before making acquisition bid Any final decision will likely depend on whether BP stock continues to slide. Shell Plc is working with ...
BP's CEO has reassured investors that BP will be watching market volatility and will be focusing on strengthening its balance sheet to improve shareholder value in the long-run. Oil and gas giant ...
Investing.com -- Shares in BP PLC (LON:BP) jumped 4.5% in London on Wednesday after Elliott Investment Management raised its stake in the British oil and gas giant to just over 5%, intensifying ...
BP Plc’s big strategy reset is less than two months old, but the foundations of the company’s pivot back to oil are already starting to look shaky. After years of under-performance, the ...
BP's net debt grew in Q1 2025. Year to date, BP’s stock has plunged by 18% despite the strategy reset announced at the end of February. BP is holding its annual general meeting on April 17 in ...
BP, Shell, Exxon, and Chevron are boosting fossil fuel investments after disappointing returns on green energy ventures. BP is increasing oil and gas spending by 25% and Shell is prioritizing LNG ...
BP plc BP, the UK-based energy major, is looking to sell a 50% stake in its solar unit, Lightsource BP, as part of a broader effort to cut costs, improve returns and address investor concerns. The ...
BP said it would increase annual oil and gas spending to $10 billion and cut planned annual investment in energy transition businesses by more than $5 billion. The energy company is seeking to ...