The macroeconomic environment looks to have turned against top dividend payers BP and Shell, raising questions about their ...

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

Chinese companies are so intent on global expansion that even a new IPO on the mainland counts the U.S. as one of its biggest ...

Shell brought on advisers to explore a potential acquisition of BP last month, but a potential sale now appears unlikely, ...

Abu Dhabi’s national oil company, Adnoc, is exploring the possibility of acquiring select BP assets if the British energy ...

Abu Dhabi’s Adnoc is evaluating potential bids for BP’s gas and LNG assets through its XRG unit, amid speculation that the ...

The U.S. and China have reached consensus on trade, representatives from both sides said after high-level talks in London.

The lubricants unit is now viewed as a valuable standalone asset. Analysts at Bernstein estimate that the sale could fetch $10-$11 billion, making it one of the largest in BP’s current ...

BP plc BP, the UK-based energy major, has officially launched the sale of its Castrol lubricants business, marking a significant move in the British energy giant’s plan to raise $20 billion by 2027 ...

Shell's potential merger with BP would dilute Shell's stronger segments ... on similar solutions for the same challenges. A sale of certain assets would also probably occur, which can lead ...

Speculation about a blockbuster acquisition involving BP resurfaced again this year ... A megadeal would result in asset sales, too, according to analysts. One reason would be competition concerns ...

The share price weakness means BP's market capitalisation now stands at around £57bn, well short of the estimated £120bn value of its assets ... The offer for sale of the Castrol lublicants ...