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The chances that a rival oil company will take over BP Plc are slim right now, even as peers have been running the numbers, because of the firm’s size and complexity, said bankers from Moelis & Co.
BP has achieved first production at its Mento gas project offshore Trinidad & Tobago, the UK supermajor said on Thursday. First gas was delivered following connection of the initial discovery well ...
BP has appointed the former chief executive of U.S energy company Devon Energy, David Hager, as a nonexecutive director. Photo: arnd wiegmann/Reuters.
BP kicks off sale of Castrol as part of a $20B divestment push, targeting a leaner portfolio and sharper focus under CEO Auchincloss.
Waffle House locations across the south and southwest U.S. — including in Texas, Georgia and Florida — will see the installation of BP Pulse charge points for EV models. Electric vehicle ...
With London markets closed for a holiday on Monday, U.S. traded shares of each were offering a glimpse of how investors might be feeling about such a deal, with BP BP up nearly 2% and Shell SHEL ...
Chevron, Exxon Mobil and TotalEnergies are among other big oil companies that could be considering a deal for BP, a report said Friday. BP shares rise on report Exxon, ...
Shell's potential BP p.l.c. merger plans are aimed at boosting scale, capturing synergies, and strengthening its position. Click here to read why BP is a Buy.
BP’s financial performance has deteriorated, with first-quarter 2025 profits nearly halved to $1.4 billion from $2.7 billion a year prior. Its full-year 2024 profits fell by a third to $8.9 billion.
BP Plc rose on Monday after Bloomberg reported that Shell Plc is working with advisers to evaluate a potential acquisition of its UK rival.. BP’s American depositary receipts climbed 1.9% to $28 ...
Shell Plc is working with advisers to evaluate a potential acquisition of BP Plc, though it’s waiting for further stock and oil price declines before deciding whether to pursue a bid, according ...
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