Shell reported stronger earnings after volatility in crude markets boosted performance in its oil trading operations during the latest quarter.
Shareholders are in line for more returns as BP increases its payouts.
BP Increases Dividend and Launches $750m Share Buyback
BP Unveils Biggest Oil and Gas Find in a Quarter Century
BP has confirmed a major oil and gas discovery at the Bumerangue prospect in Brazil’s Santos Basin, which marks its largest find in 25 years
Shell says it has “no plans” to make a bid for BP.
Shell PLC (LSE: SHEL, NYSE: SHEL) has firmly rejected claims from a Wall Street Journal report suggesting it has held talks about a potential takeover of BP PLC (LSE: BP).
Shares in BP have jumped 4.00% towards the top of the FTSE 100 leaderboard
BP Shares Surge Amid Takeover Talk as Market Values Lag Asset Worth BP shares have jumped 4.00% in early trading on Friday, putting the UK oil major near the top
BP Faces Showdown at AGM as Tariffs Sink Oil Prices and Net Zero U-turn Sparks Investor Revolt
BP is bracing for a turbulent annual general meeting today, as plummeting oil prices and internal shareholder tensions threaten to dominate proceedings.
BP to invest $10 billion in oil and gas exploration as it shifts away from net-zero commitments
BP PLC (LON: BP.) shares dropped as much as 2.2% as the company confirmed its “reset” strategy, which includes increasing oil and gas investment to $10 billion annually while cutting
BP shares climbed 8% after US hedge fund Elliott Management acquired a stake.
Shares in BP surged by 8%—the biggest jump since 2020—after activist investor Elliott Investment Management was revealed to have acquired a stake in the UK oil giant.
BP stock climbs following takeover approach from United Arab Emirates
BP shares increased following news that the United Arab Emirates state-owned oil company had shown interest in acquiring the energy giant.
BP halts shipments through the Red Sea following attacks
Oil and gas conglomerate BP PLC (LSE: BP.) announced a temporary halt to all its shipments traversing the Red Sea due to increased assaults on merchant vessels by Houthi rebels.
As energy bills skyrocketed, the pay rises of British Gas, BP, and Shell executives ranked among the top in the FTSE 100.
In 2021 and 2022, the CEOs of energy titans British Gas, BP PLC, and Shell PLC experienced some of the most significant pay hikes among FTSE 100 leaders.
BP’s profit plummets due to poor refining margins; however, it raises dividend.
BP PLC (LSE: BP.) announced a significant plunge in profits due to declining refining margins, yet it increased its shareholder dividend by 10%.