The oil giant also says it is suspending its share buyback programme ahead of the arrival of its new boss.

BP's decision to scrap buybacks may be painful in the short run, but by prioritising production growth over shareholder ...

The Wall Street Journal reported yesterday that Shell (SHEL) was in early-stage talks to acquire BP (BP), a deal that could be the largest oil merger in a generation, potentially surpassing ExxonMobil ...

Shell's firm denial that it's eyeing acquisition of BP may tamp down chatter of a blockbuster deal for now — but it won't end speculation about BP's fate as long as it underperforms its Big Oil rivals ...

The appointment of Meg O’Neill as BP's chief executive officer, replacing Murray Auchincloss, is a momentous milestone in the oil industry. When O’Neill takes over on April 1, 2026, she will become ...

For weeks, market tongues have been wagging about a potential merger between Britain's oil giants — until, ending weeks of speculation, Shell on Thursday denied reports that it's in talks to acquire ...

BP will evaluate hydrocarbon prospects in Messla and Sarir as it reopens Tripoli office by late 2025. Shell will conduct feasibility studies on Libyan oil fields fully owned by the National Oil ...

BP has named former Shell chief financial officer Simon Henry to its board as a non-executive director, the UK supermajor said Monday. Henry’s tenure on the board will start 1 September, BP said.

Shell is advancing its Dragon offshore gas project in Venezuela after new U.S. licenses permitted limited energy development under sanctions.