Merging BP and Shell isn’t a completely mad idea, says Yawen Chen in Breakingviews. Even modest savings from eliminating duplication could add $33 billion to the value of the combined group. But there ...

BP investors demand vote on any plans to scrap climate goals - The oil giant is expected to go back on a promise to reach net ...

A group of institutional investors holding a 2.5% stake in BP is demanding a shareholder vote on any fundamental reset of the company's strategy, particularly concerning climate targets.

BP PLC (BP) is reportedly considering selling its lubricants division, Castrol, amid growing pressure from activist investor ...

--BP's lubricant business operates under the Castrol brand and could be worth about $10 billion in a deal. The unit is among the assets that Elliott has identified for potential disposals and the ...

BP is considering a potential sale of its lubricants business in a deal that could fetch ~$10B, Bloomberg reports.

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.

The UK oil major faces activist pressure to retreat from a disappointing energy-transition strategy. But recent failures are ...

Executives from some of the world’s biggest oil and gas firms are listed as attendees at a conservative conference in London ...

The UP World LNG Shipping Index (UPI) rose 0.67% to 168.40 points, while markets remained quiet despite geopolitical shifts ...

Several BP Plc shareholders said they welcome activist Elliott Investment Management taking a stake in the British oil major ...

BP has a laundry list of problems. The $93 billion UK oil major has a confused strategy, an overleveraged balance sheet, and ...