By Stephanie Kelly Feb 3 (Reuters) - Shell has agreed to sell a 20% stake in its Orca project offshore Brazil to Kuwait ...
Off the coast of Nigeria, one of the world’s largest oil production ships, called the Bonga, was taking oil from a field on the ocean floor and transferring it to a tanker ship. Such transfers are ...
The state alleges that BP, Chevron, Exxon and others have acted as a "cartel" that's "suppressed innovation" around EVs.
Energy giant Shell in 2012 entered Vaca Muerta, and a full sale would mark a surprise departure by one of the play's earliest ...
A central piece of a closed crude oil refinery in Convent recently came crashing down as Shell Oil shifts the nearly 60-year-old complex toward making renewable fuels, company officials confirmed. The ...
Persistent Shell-BP merger rumors increase risk for Shell shareholders, contributing to my decision to sell my entire Shell position, despite management denials of any intent to merge the companies.
British oil giant Shell on Friday reported stronger-than-expected first-quarter profit and kept the pace of its share buyback program, even as earnings fell by more than a quarter compared to the same ...
BP’s weak first-quarter results and stock underperformance over the past year rekindled speculation that the UK-based supermajor could be a target of a blockbuster acquisition. As it has been ...
Shell denied that it was in talks to buy BP after the Wall Street Journal reported Wednesday that the oil major was in early discussions over a takeover of its British rival. “No talks are taking ...
Shell's rumored interest in acquiring BP made sense due to BP's underperformance and Shell's stronger financials and strategy. BP's aggressive green energy pivot weakened its core business, while ...