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Shell-BP Merger Buzz: A Trend Shaping the Future of Big Oil
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 ...
CERAWEEK Time has come to ramp up U.S. gas output, BP CEO says
BP is set to ramp up U.S. natural gas production in its onshore shale operations following the recent rise in domestic gas ...
Exclusive: BP to ditch renewables goals and return focus to fossil fuels
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 ...
The Institute for Energy Research4d
BP Returns Its Focus to Oil and Gas Production
President Trump’s “drill, baby, drill” policies, Europe’s de-industrialization due to its “net-zero” climate policies, high ...
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A BP-Shell merger would create a truly global UK oil champion
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 ...
Grist on MSN8d
Oil companies are dropping renewable goals — and more importantly, expanding fossil fuels
While oil companies drop their pledges to look into sustainable energy, it's important to remember they were never big in ...
BP signs $25bn deal to redevelop Iraq’s oil and gasfields as it slashes investments in renewable energy
BP’s decision will come after they set some of the most ambitious targets among large oil companies to cut their oil and gas ...
ABC News17d
BP to slash spending on net zero ventures as it focuses on oil and gas again
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 ...