Shell Indonesia has reduced the price of its diesel fuel from IDR 24,490 per liter to IDR 21,340 per liter, effective July 1, ...
Shell and BP have both seen dramatic price increases since the Middle East conflict started, but BP's stock is performing ...
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 ...
Morgan Stanley’s glut call plus multiple bank cuts point to a sustained oil downshift; energy equities are already repricing ...
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 energy sector is in turmoil as oil prices continue their slide. Brent crude oil is at $61 a barrel, down 6% from last month and almost 27% below last year's price of $83 a barrel. While oil stocks ...
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Shell denies BP takeover rumors
Oil and gas giant Shell has publicly denied the rumors that it is looking at purchasing BP in a deal that could total $80 ...
In the wake of blockbuster energy deals like ExxonMobil’s XOM acquisition of Pioneer Natural Resources and Chevron’s CVX pending merger with Hess, speculation around Europe’s largest oil company Shell ...
Shell is offloading some of its US Gulf interests to Houston operator Talos Energy and private equity firm Ridgewood Energy ...
Shell (NYSE: SHEL) and BP (NYSE: BP) are two of the world's largest integrated energy companies. They have globally diversified portfolios, and their businesses span the entire energy value chain.
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