The latest speculation about a possible merger between Shell plc SHEL and BP plc BP has reignited discussions about mega-mergers, drawing comparisons to ExxonMobil’s XOM acquisition of Pioneer ...
BP is set to ramp up U.S. natural gas production in its onshore shale operations following the recent rise in domestic gas ...
BP's chief executive will scrap a target to increase renewable generation 20-fold by 2030, returning the focus to fossil fuels, as part of a strategy shift announced on Wednesday to tackle investor ...
President Trump’s “drill, baby, drill” policies, Europe’s de-industrialization due to its “net-zero” climate policies, high ...
Arch-rival Shell, also worth a lot more, knows what it’s doing, undergoing an eco rethink and paring down debt. BP meanwhile can’t make up its mind, and despite lowering the bar on renewables ...
While oil companies drop their pledges to look into sustainable energy, it's important to remember they were never big in ...
BP’s decision will come after they set some of the most ambitious targets among large oil companies to cut their oil and gas ...
British energy company BP has confirmed it is to slash spending ... The company's stock underperformance against its peers such as Shell, ExxonMobil and Chevron, has stoked market speculation ...