But it will be hard for the government to fight market forces for long if BP remains in a weak financial position. The obvious solution would be to encourage Shell (SHEL.L), opens new tab ...

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Driven by Petrobras' continued high production levels and FPSO start-ups in the pre-salt fields that rely upon shuttle tankers, we believe the world's biggest shuttle tanker market is tightening ...

IT WAS ALSO PART HAPPENSTANCE. YOU SEE HER BELOVED CORGI, LEO WAS A BIT OF A RAMBUNCTIOUS FELLOW WHO WOULD NIBBLE AND CHEW ON ALMOST ANYTHING AROUND THE HOUSE, EXCEPT WHEN IT CAME TO MATERIALS ...

Even so, comparisons with the likes of Shell - up 48 per cent over five years excluding dividends - are unfavourable, leading to activist pressure of late. Despite share price concerns ...

Over the past two years, BP’s valuation has underperformed against competitors Shell and ExxonMobil, firms that are prioritising more oil and gas output. BP profits fell to $8.9bn (€8.5bn ...

British Prime Minister Keir Starmer said on Thursday that the aftermath of a tanker crash off the English coast earlier this week is reasonably contained. This comes as fears of an environmental ...

Elliott Investment Management is ramping up pressure on BP Plc after its new strategy fell short of the activist investor’s expectations, people with knowledge of the matter said. The hedge fund ...

A South Yorkshire local authorities pension scheme has moved towards divesting from fossil fuels following decisions by oil giants BP and Shell to back off from producing renewable energy.