Venture Global is stated to have breached its obligations by not declaring commercial operations at the Calcasieu Project in ...
BP secures an arbitration victory over Venture Global in a $1B LNG supply dispute linked to the Calcasieu Pass facility.
Shell doubled down on its denial of acquiring rival BP, claiming it has “no intention” of making an offer while invoking a U.K. law that forbids Shell from bidding on BP during the next six months ...
Albert Manifold’s message signaled more asset sales as it attempts to shore up its balance sheet while boosting valuations ...
BP's (NYSE:BP) cheaper valuation means it is vulnerable to takeover approaches from across the oil and gas sector, not necessarily just from Shell (SHEL), according to AJ Bell investment director Russ ...
Market chatter about a potential Shell-BP merger has intensified, fueled by BP’s weak performance, strategic flip-flops, and investor dissatisfaction. Shell formally ruled out a bid for BP in the ...
[Stay on top of transportation news: Get TTNews in your inbox.] Shell Plc denied a Wall Street Journal report that it is in active talks about acquiring its London-based oil rival BP Plc. “This is ...
Shell (NYSE:SHEL) +2.5% pre-market Thursday after issuing a statement that it has not engaged in talks with rival BP (NYSE:BP) and is not planning a takeover offer, in a firm denial of the previous ...
Royal Dutch Shell, Europe's largest oil company by market value, toyed with the idea of a BP takeover in the midst of last summer's oil spill but was deterred by BP's mounting legal liabilities, The ...