BP made a big deal of repositioning itself as “Beyond Petroleum”. Then-CEO John Browne’s attempt to embrace lower-carbon ...

To get an immediate sense of relief, Auchincloss will have to address investors’ most pressing worries: BP’s net debt and share buybacks. The former, at about $50bn when factors such as leases and ...

BP p.l.c. is considered a value opportunity among global majors despite underperforming, with potential for growth. Learn ...

Customers have flooded social media to express frustration over fuel shortages at Shell filling stations, sharing photos and videos of empty pumps and “closed” signs.

BP has been falling behind its peers for years. If it doesn’t narrow the gap, its days as an independent company could be ...

The green energy debate throws up a never-ending list of important questions that environmentalists struggle to answer.

(Reuters) -Shell reported a 16% drop in profit for 2024 on Thursday amid weakness in oil and gas prices and in demand, but ...

Shell and BP have been trying to close valuation gaps towards similar levels that the major US-based oil players enjoy, which would come around from a bump-up in share prices. Several companies have ...

British energy giant Shell on Thursday announced a 17-percent drop in annual net profit owing to weaker oil and gas prices as ...

In 2024, Sverdrup accounted for about 54% of Aker BP's group production, which totaled 439kboe/d. Equinor has also revised its ambitions for the field, targeting a 75% reserves recovery rate, ...