The $78 bln oil major urgently needs a hands-on chair who its new activist can work with. Former BHP Chair Ken MacKenzie, who ...

A Shell-BP potential merger would weaken Shell's strong segments by adding BP's higher debt and weaker financials. Click here ...

The price of Brent crude, the global benchmark, was trading at $64.6 per barrel by mid-afternoon, while West Texas ...

European shares opened lower as investors digested another dump of corporate earnings and GDP data from the UK.

BP shares trade at a discount to their US counterparts and come with a 6.5% dividend yield. Is this an opportunity for UK ...

Key Player in Russian Oil Trading Hit by U.K. Sanctions The U.K. sanctioned a vital figure in Russia's oil trade, stepping up economic pressure on Moscow to strengthen Ukraine's hand in peace ...

BP said another key executive who helped to mastermind its green push will leave the oil giant as it reported profits that almost ... too fast” as he unveiled plans for a major strategic shift.

First oil is imminent from a pair of major US Gulf developments, executives at two operators said on Tuesday at the Offshore Technology Conference (OTC) in Houston. The first, Beacon Offshore Energy’s ...

We know that the mergers that created Exxon Mobil (between Exxon and Mobil Oil ... major takeover in the last couple of years. If it wants to increase its size and scale, like XOM and CVX, BP ...

This highlights a significant divergence in performance and scale between the two London-based oil majors. BP Struggles With Investor Confidence and Strategy Shift BP’s vulnerabilities have ...

How has the once-mighty supermajor found itself in such a vulnerable position? It’s a story two decades in the making.

Subsea Integration Alliance—comprising SLB OneSubsea and Subsea 7—has landed a sizable contract with BP under its global ... projected at 62,000 barrels of oil equivalent per day.