Climate activist shareholder group Follow This and more than 20 other investors have filed resolutions calling on BP and ...
Climate activist group Follow This and investors pivot, demanding BP and Shell disclose plans to create value as global oil ...
The charge, along with a warning of lower returns from oil trading, shows the challenges awaiting incoming CEO Meg O’Neill.
Energy company also under pressure from worse oil trading performance and weaker oil prices ...
BP PLC said it expects to take as much as US$5 billion in writedowns from its energy transition business, just weeks after a ...
The update comes as BP is ditching its expensive bet on net zero following a backlash from shareholders. Bernard Looney, the ...
Shell has streamlined its low-carbon businesses, scaling back hydrogen for transport in certain markets and refocusing power ...
The last year in which the BP share price did better than that of its closest rival was 2022. But James Beard remains ...
Shell doubled down on its denial of acquiring rival BP, claiming it has “no intention” of making an offer while invoking a U.K. law that forbids Shell from bidding on BP during the next six months ...
Discussions inside Shell have gained momentum in recent weeks, driven largely by BP’s declining market capitalization. BP’s shares have lost nearly 22.4% over the past year due to weak oil prices, ...
The legality or otherwise of Washington’s decision to pursue regime change in Venezuela will be debated long after Donald ...
Shell plc is a textbook Hold: fair valuation, solid buybacks, and a decent dividend, but no major upside or hidden value from BP p.l.c. merger rumors. Both Shell and BP are prioritizing cash flow, ...