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 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 ...

Since June 2020, the Shell (LSE:SHEL) share price has risen 96%. In contrast, BP’s (LSE:BP.) has increased by 21%. This mismatch in performance probably explains why rumours persist that the latter ...

The FTSE 100 opened the week on a positive note. Despite  rising geopolitical tensions and increasing oil prices, the index is  advancing. It gained 0 ...

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 ...

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

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 ...

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 ...

By Stephanie Kelly LONDON, March 6 (Reuters) - BP Chairman Albert Manifold on Friday announced plans for a slimmer board as part of the British oil company's reset strategy, with former Shell chief ...

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 ...