BP has struck a $6bn (£4.4bn) deal to sell a majority stake in its motor oil division, Castrol, to a US investment firm.

Timing adds fuel to the rumors, as Shell’s six-month restriction on bidding for BP expires on December 26, reopening the door ...

Meg O'Neill's appointment as chief executive of BP, the first woman to run an oil major, might clear the way for fresh merger ...

O’Neill’s track record in large LNG deals and upstream growth aligns with BP’s renewed focus on traditional energy.

The vegetarian softgel capsules market presents opportunities in plant-based encapsulation driven by demand in wellness ...

Shell Offshore Inc., a subsidiary of Shell plc, has taken a final investment decision (FID) on a waterflood project at its ...

Shell's chief of mergers Greg Gut left the oil and gas major after Chief Executive Wael Sawan and other top executives ...

The Institute of Economic Affairs (IEA) – the anti-state, anti-climate pressure group – received more than £640,000 from ...

Oil companies have offered $279 million for drilling rights in the Gulf of Mexico in the first offshore lease sale in the region since 2023.

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 ...

BP Plc appointed Simon Henry, a longtime Shell veteran, to its board of directors as the UK energy giant seeks to turn around its fortunes. Henry left Shell in 2017 after a 35-year stint in which time ...

The energy giant has been weakened by years of mishaps and poor decisions, leading to rumors of a takeover that may not subside. By Stanley Reed Reporting from London For months, speculation has been ...