BP’s declining market value and strategic instability have fueled speculation of a takeover by Shell or ExxonMobil, with ...

The latest casualty? BP’s top sustainability executive, Giulia Chierchia, will leave the company on June 1, marking another ...

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

BP has shifted its strategy back to oil and gas production under new CEO Murray Auchincloss, aiming for 2.5 million bpd by ...

Shell is considering a takeover of BP after the oil giant’s “botched” pivot to net zero left it vulnerable, according to a ...

A deal between Shell and BP would be likely to attract intense political and regulatory scrutiny - David Paul ...

The oil company may opt to focus on share buybacks and bolt-on acquisitions, according to people familiar with the matter.

LONDON] Shell is working with advisers to evaluate a potential acquisition of BP, though it’s waiting for further stock and ...