News

BP, Once a Hunter in the Oil Industry, Is Now Prey. What Went Wrong?
The energy giant has been weakened by years of mishaps and poor decisions, leading to rumors of a takeover that may not ...
Shell Won’t Buy BP, Should You?
Shell refuted the takeover rumors, yet the speculation emphasizes what investors are beginning to recognize: BP’s significant ...
BP's $8B Castrol unit attracting more bidders - Sky News
Private equity firm Clayton Dubilier & Rice has entered the competition to acquire BP's (NYSE:BP) Castrol lubricant business ...
BP shares surge on report that rival Shell could acquire it
BP's stock price rose while Shell shares slid on news that the companies are in early talks over a potential merger.
BP signs charter deal with China's COSCO for ammonia-fueled bulk carriers
BHP (NYSE:BHP) said Wednesday it signed five-year contracts with China's COSCO Shipping to charter two ammonia dual-fueled ...
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Shell and BP: Could a Blockbuster Oil Deal Reshape the Industry Despite the Denial?
The Wall Street Journal reported yesterday that Shell (SHEL) was in early-stage talks to acquire BP (BP), a deal that could ...
Shell says it is not considering buying BP, UK rules ban bid for 6 months
Shell has not bid for BP and is not actively considering such a move, it said in a categorical denial on Thursday, adding it ...
Shell denies reports that the energy giant is in talks to take over BP
British oil giant Shell is denying reports that it is in talks to buy rival BP. The Wall Street Journal on Wednesday said ...
BP PLC ADR falls Thursday, underperforms market
The BP PLC ADR BP slid 1.18% to $30.93 Thursday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index COMP rising 1.02% to 20,601.10 and ...