BP and Shell have moved to rein in parts of their clean-energy strategies after recording large write-downs, signaling a tougher phase for Europe’s oil majors. The companies reduced exposure in ...

Shell's rumored interest in acquiring BP made sense due to BP's underperformance and Shell's stronger financials and strategy. BP's aggressive green energy pivot weakened its core business, while ...

Shell refuted the takeover rumors, yet the speculation emphasizes what investors are beginning to recognize: BP’s significant discount and strategic shift might be due for reevaluation. With shares ...

Shell has rejected reports its in talks to buy BP, but speculation continues to mount over potential bids. CEO Murray Auchincloss’s strategy reset in February has so far failed to impress investors.

After years of pledging to cut fossil fuel output, Big Oil is pivoting back to large-scale oil and gas exploration as the energy transition slows and conventional energy profits remain strong.

Shell (SHEL) moved swiftly to quash a Wall Street Journal report suggesting early-stage takeover talks with rival BP (BP), insisting that “no talks are taking place” and denouncing the article as mere ...