BP's Castrol division could fetch $8-10 billion, drawing interest from Reliance, Aramco, and private equity firms in one of the year's biggest energy deals ...

Shell is Unlikely to Go for the Temporary Glory Lap of Becoming a Giant Among Oil Majors ... to keep an eye out for any further signs that Shell might be taking the idea of a BP merger seriously ...

At the start of next week, those following oil and gas firms ... Looney announced a major pivot away from hydrocarbons in ...

Financially, ONGC has delivered a 5-year revenue CAGR of 6.7% and profit CAGR of 11% between 2020–2024. The company’s 5-year average Return on Equity (ROE) and Return on Capital Employed (ROCE) stood ...

OPEC is suddenly getting much more aggressive with oil-production hikes ... your money in one of the five biggest majors—Exxon, Chevron, Shell, BP, or TotalEnergies—which one would you ...

Donald Trump has spared Britain’s steel industry from 50pc tariffs with an eleventh hour reprieve. The US president last ...

A protracted period of underperformance relative to its industry peers has thrust BP into the spotlight as a prime takeover ...

Insiders say the ‘cook-book’ of M&A scenarios which all the oil majors have at their disposal (and are constantly updating) would imply that a value-accretive offer from Shell for BP is not ...

LONDON, May 19 (Reuters Breakingviews) - Elliott Investment Management’s next big move at BP (BP.L), opens new tab is installing board leadership it likes. The U.S. activist, which now holds 5% ...

BP) to “hold” from “buy” and cut its price target by 29% to £3.9 per share, citing increased execution risk amid lower oil price forecasts for 2025 and 2026, in a note dated Monday.

With production potentially plateauing, oil majors are concentrating on maximizing the value of past acquisitions. After two years of booming activity, the merger and acquisition space in the U.S ...