BP (BP) and Shell (SHEL) are seeking U.S. licenses to develop natural gas fields that Trinidad and Tobago shares with Venezuela, Trinidad energy minister Roodal Moonilal said Wednesday, according to ...
Balancing these concerns, there was divergence between Shell and BP as they announced full-year 2025 financial results. Shell, for many years the more successful operator, increased its Q4 dividend by ...
BP's decision to scrap buybacks may be painful in the short run, but by prioritising production growth over shareholder payouts it can begin to repair its shaky financial footing.
The Wall Street Journal reported yesterday that Shell (SHEL) was in early-stage talks to acquire BP (BP), a deal that could be the largest oil merger in a generation, potentially surpassing ...
The oil giant also says it is suspending its share buyback programme ahead of the arrival of its new boss.
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 ...
BP has put share buybacks on hold and upped its cost savings target to halt a slide in profits because of steep falls in the price of crude. The FTSE 100 oil giant reported a 16 per cent drop in ...
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 ...
Shell (NYSE:SHEL) has moved quickly to shut down speculation about a takeover bid for BP (LSE:BP,NYSE:BP), issuing a formal statement under the UK Takeover Code. According to the company, no ...
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