BP Plc, in which activist investor Elliott Investment Management has built up a nearly 5% stake, is considering a potential ...
A sale of the business is one of the many options BP is considering to win back investor confidence after years of underperformance, sources said.
Diamondback Energy has agreed to acquire certain subsidiaries from Double Eagle for $4.08 billion in cash and stock, shoring ...
Goldman Sachs Research’s chief US equity strategist, David Kostin, expects the US tariffs to negatively impact the S&P 500 ...
The aim is to bring the two oil giants together so they can compete with international rivals such as France's TotalEnergies ...
Following the Federal Govern­ment’s efforts to improve crude oil production to four million barrels per day (bpd) and gas to 12 billion cubic feet (bcf) per day, Pres­ident Bola Tinubu is leaving no ...
Companies with much to lose, and gain, from the Trump administration are honoring the president’s rebranding of the Gulf of ...
If you’re looking for a solid investment that pays you back year after year, dividends might be the answer. But when you think of dividend stocks, do you think of Poland’s Orlen? Probably not. Yet, th ...
A UK court heard a case brought against the international oil company Shell by communities in Nigeria’s Niger River Delta. The Ogoni people claim that decades of oil spills by Shell and its local ...
The oil and gas giant is expected to reverse course on renewable energy commitment due to decreased profits and a shifting ...
Doc Lloyd, Daisy Bradford and Columbus Marion "Dad" Joiner pose for a photo. In 1930, Joiner uncovered the biggest oil field ...