For many decades, BP Plc and Shell Plc were the closest of rivals — equivalent in size, with matching clout in energy markets ...

The aim is to bring the two oil giants together so they can compete with international rivals such as France's TotalEnergies ...

BP has a laundry list of problems. The $93 billion UK oil major has a confused strategy, an overleveraged balance sheet, and ...

After a quarter century of lagging behind competitors, British oil giant BP has attracted the attention of big hedge fund ...

Activist investor Elliott Management has built a near 5% stake in BP and is pushing the oil company to take radical action to ...

The world’s top LNG trader, Shell, expects global demand for liquefied natural gas to jump at least through 2030 in all ...

BP trades at around 10x this year's profits, while its American peer XOM trades at 14-15x this year's profits. See what makes ...

Investors are frustrated at the valuation gap between BP and its London-listed rival Shell, as well as US energy giants ...

The energy giant was vague on details, but analysts say the changes is likely to include less spending on renewable sources ...

BP p.l.c.'s Q4 earnings dropped 61% Y/Y due to lower petroleum prices and refining margins. Read why I remain very bullish on ...

BP ’s investments in low-carbon ventures added to the financial strain. The dismal results coincided with reports that ...

BP and Shell profits in 2024 more than double the UK’s climate financial commitments, new figures show. The report by ...