Between Trump’s tariffs and Biden’s farewell sanctions, nations are looking to redefine their oil trade agreements with the US ...
Industry experts say Western companies will need to weigh potential access to oil and gas riches against political risks and ...
Merging BP and Shell isn’t a completely mad idea, says Yawen Chen in Breakingviews. Even modest savings from eliminating ...
A group of institutional investors holding a 2.5% stake in BP is demanding a shareholder vote on any fundamental reset of the company's strategy, particularly concerning climate targets.
The oil giant is expected to go back on a promise to reach net zero carbon emissions by 2050 at a strategy meeting next week.
BP PLC (BP) is reportedly considering selling its lubricants division, Castrol, amid growing pressure from activist investor ...
--BP's lubricant business operates under the Castrol brand and could be worth about $10 billion in a deal. The unit is among the assets that Elliott has identified for potential disposals and the ...
BP is considering a potential sale of its lubricants business in a deal that could fetch ~$10B, Bloomberg reports.
A sale of the business is one of the many options BP is considering to win back investor confidence after years of underperformance, sources said.
The UK oil major faces activist pressure to retreat from a disappointing energy-transition strategy. But recent failures are ...
The UP World LNG Shipping Index (UPI) rose 0.67% to 168.40 points, while markets remained quiet despite geopolitical shifts ...
Several BP Plc shareholders said they welcome activist Elliott Investment Management taking a stake in the British oil major ...