Unnamed sources familiar with the developments have told Bloomberg that Shell was studying a takeover that would depend on ...

Meanwhile, activist investor Elliott Management is pushing for more aggressive goals to get the company back on its feet.

BP CEO Murray Auchincloss discusses the company's strategic reset and the outlook for the business amidst geopolitical ...

BP Plc is off to a “great start” in its strategy reset and can follow through on the turnaround despite the recent drop in ...

Shell is the only major oil and gas giant whose stock is up in 2025. With a $200 billion market cap, making it the third ...

BP chief executive Murray Auchincloss is bullish about the UK supermajor's recently signed deal with the Iraqi government to ...

The drive launched by Looney has since had the brakes firmly applied to it by his successor Murray Auchincloss, responding to the revival in oil and gas prices following Russia’s invasion of Ukraine ...

British oil giant BP on Tuesday posted slightly weaker-than-expected first-quarter net profit, following a recent strategic ...

BP has shifted its strategy back to oil and gas production under new CEO Murray Auchincloss, aiming for 2.5 million bpd by 2030. Despite a 29% drop in share price, BP's high free cash flow and ...

Under pressure to improve profitability and cut costs, BP chief Murray Auchincloss has announced plans to sell $20 billion of ...