Upstream

Is a BP-Shell merger finally on the cards? Not likely, say analysts

News that Shell and BP were involved in tie-up talks on Wednesday reignited chatter about the potential for an oil industry megamerger on a scale unseen since the 1990s. But analysts consulted by ...
NBC Los Angeles

Oil giant BP is seen as a prime takeover target. Is a blockbuster mega-merger in the cards?

Oil giant BP has been thrust into the spotlight as a prime takeover candidate — but energy analysts question whether any of the likeliest suitors will rise to the occasion. Stream Los Angeles News for ...
Wall Street Journal

Heard on the Street: BP’s New Boss Sticks to His Guns

BP’s generous cash returns might be the price of bucking the oil-and-gas industry trend. The stock rose around 5% in U.S. and U.K. trading after new Chief Executive Officer Murray Auchincloss ...

BP Just Approved A $5 Billion Oil Project

BP Plc (NYSE: BP) approved a $5 billion oil and gas project in the Gulf of America, reinforcing its commitment to the offshore basin as a driver of future growth. The Tiber-Guadalupe development is ...