Market is projected to grow from US$ 47.64 billion in 2024 to US$ 68.38 billion by 2033, with a CAGR of 3.04% from 2025-2033. Key drivers include aging wells, declining oilfield production, and ...
Venture Global shares plunged nearly 25% on Friday to their lowest level in five months after it lost an arbitration case ...
With speculation swirling that oil giant Shell might be interested in a takeover of rival BP, analysts say such a marriage may be the latter’s best hopes of putting years of lackluster management ...
Shell Plc and BP Plc-branded gas stations in Indonesia have run low on fuel as supplies are curbed by import restrictions. The three brands of gasoline sold by Shell in the country are unavailable at ...
Most companies redesign their logo to look prettier. BP spent $211 million on a logo that nearly destroyed them. That's not hyperbole. When the Deepwater Horizon disaster spilt 134 million gallons of ...
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.
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Shell Denies BP Takeover Rumors
Oil and gas giant Shell has publicly denied the rumors that it is looking at purchasing BP in a deal that could total $80 billion. That would make it the largest merger in the industry this century, ...
Shell plc is a textbook Hold: fair valuation, solid buybacks, and a decent dividend, but no major upside or hidden value from BP p.l.c. merger rumors. Both Shell and BP are prioritizing cash flow, ...
Shell refuted the takeover rumors, yet the speculation emphasizes what investors are beginning to recognize: BP’s significant discount and strategic shift might be due for reevaluation. With shares ...
Shell PLC on Thursday dismissed media reports it could be intending to approach smaller rival BP PLC for a potential merger. Shell “has not been actively considering making an offer for BP and ...
Shell said on Thursday it hasn’t actively considered an offer for BP and has no intention of making such a bid, after a media report earlier this week rekindled speculation about a giant energy tie-up ...
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