BP said that second-quarter profit took a hit from lower crude prices, becoming the latest oil major to issue such a warning.

BP has said lower oil and gas prices will weigh on its earnings in the second quarter, even as the energy major flagged an ...

Shell's robust rejection of these reports appears to have, for now, thrown cold water on a potential takeover bid for BP.

Shell has denied it. No plans to buy BP. No talks. Nothing to see. Still, when your biggest domestic rival has to publicly ...

Market chatter about a potential Shell-BP merger has intensified, fueled by BP’s weak performance, strategic flip-flops, and ...

BP Plc CEO Murray Auchincloss insisted that the company’s “fundamental reset” has been in the works for a year, while refusing to comment on an analyst’s question about whether he’s had ...

The striking part of the statement is that it was made under what is known as 2.8 of the UK City Code on takeover and mergers ...

BP will slash over 5% of its global workforce as part of CEO Murray Auchincloss’ efforts to reduce costs and rebuild investor confidence after the energy giant was rocked by scandal, the company ...

City investment bankers have been floating the idea of a Shell-BP deal to create a London-based European oil champion on the ...

The announcement means that Shell will not be able to make a formal takeover approach for BP for six months, under City rules ...

Driving Angolan Hydrocarbon Production: bp Chief Executive Officer (CEO) Murray Auchincloss Joins Angola Oil & Gas (AOG) 2025 ...

LONDON] Shell said it has no intention of making a takeover offer for BP, refuting an earlier report that two of Europe’s biggest companies were in active merger talks. Read more at The Business Times ...