Shell and BP are set to earn an extra £5bn in profit this year as conflict in the Gulf sends the price of oil surging. While the two British energy giants face a hit from disruption in the Middle East ...

The International Chamber of Commerce (ICC) International Court of Arbitration found that Venture Global breached its ...

The FTSE 100 Index tumbled for the third consecutive day, reaching its lowest level since January 20. It retreated by over 7% from its highest point this year and is nearing its correction zone by ...

BP will evaluate hydrocarbon prospects in Messla and Sarir as it reopens Tripoli office by late 2025. Shell will conduct feasibility studies on Libyan oil fields fully owned by the National Oil ...

Follow This and a coalition of institutional investors are threatening legal action after BP refused to include a shareholder ...

BP on Tuesday posted fourth-quarter profit in line with expectations, after crude prices dipped below $60 a barrel for the first time in nearly five years.

Oil and gas companies picked up 25 blocks in the sale, with the Green Canyon drawing the most interest For ads that aren’t personalized, ad measurement, audience surveys, and service development we ...

For weeks, market tongues have been wagging about a potential merger between Britain's oil giants — until, ending weeks of speculation, Shell on Thursday denied reports that it's in talks to acquire ...

LONDON (AP) -- British oil giant Shell on Thursday denied media reports that it is in talks to buy rival BP. The Wall Street Journal on Wednesday said Shell was holding "early stage talks," to acquire ...

BP has named former Shell chief financial officer Simon Henry to its board as a non-executive director, the UK supermajor said Monday. Henry’s tenure on the board will start 1 September, BP said.

LONDON (AP) — British oil giant Shell on Thursday denied media reports that it is in talks to buy rival BP. The Wall Street Journal on Wednesday said Shell was holding “early stage talks,″ to acquire ...