PEC Ltd ("PEC", SGX: IX2) shareholders have approved a transaction valued at US$160 million for the 100% acquisition by Alliance Energy Services Pte Ltd ("Alliance") through a Scheme of Arrangement at ...

Crude futures picked up from the previous day's losses, helped in part by major Permian producer Diamondback Energy's CEO warning shareholders that the company expects activity to slow and production ...

Shell would be much better served to continue on with its plan, and keep M&A smaller and more focused," and should not try to ...

Shell's potential BP p.l.c. merger plans are aimed at boosting scale, capturing synergies, and strengthening its position.

Shell CEO Wael Sawan continues to send the right message—that returns will take priority over growth—as he seeks to close the valuation gap with US peers. While it might not be enough, we believe the ...

Oil prices rallied on Tuesday, recovering most of the losses that came from the OPEC+ decisions to unwind its production cuts ...

Activist shareholder Elliot Investment Management’s stake in BP could complicate the potential for any takeover bid for the ...

According to a report by Bloomberg, Shell is currently in talks with advisers to evaluate its potential acquisition of BP PLC ...

Find insight on oil prices, Shell’s reported potential acquisition of BP more in the latest Market Talks covering energy and ...

Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies ...

How has the once-mighty supermajor found itself in such a vulnerable position? It’s a story two decades in the making.