The energy major warned that lower oil and gas sales could drag on its results, though upstream production is expected to ...

Second-quarter trading update flags increased oil and gas output and strong oil trading results, but warns that lower ...

The Wall Street Journal reported yesterday that Shell (SHEL) was in early-stage talks to acquire BP (BP), a deal that could be the largest oil merger in a generation, potentially surpassing ExxonMobil ...

BP said that second-quarter profit took a hit from lower crude prices, becoming the latest oil major to issue such a warning.

Many oil and gas companies have set 2025 as a key year for interim emission reduction targets, but the standardization and verification of these targets vary significantly across the industry.

In the years since, Louisiana’s menhaden industry has shown remarkable resilience. The BP oil spill was a turning point, exposing the fragile link between ecological health and economic survival.

Aker BP maintains industry-leading production efficiency (~93%) and lowest operational costs among peers. The company remains profitable even with oil prices near $40/bbl, showcasing resilience.

One oil industry veteran said that since Adnoc did everything from extracting oil to refining and trading oil products, there would be “linkages all along the value chain” with BP.

Shell plc SHEL is reportedly exploring a potential acquisition of British energy rival BP plc BP, a deal that could mark one of the largest mergers in the history of the oil industry. While no ...