Rolls-Royce is expected to announce its first dividend in five years this week as the aero engine maker continues its recovery under Tufan Erginbilgic.

Auchincloss has pledged a root-and-branch overhaul of BP's strategy. The company is in crisis after it revealed profits ...

Houston-based ConocoPhillips (NYSE: COP) is selling interests in the Gulf to subsidiaries of London-based Shell PLC (NYSE: SHEL) for $735 million.

Shell plc subsidiaries Shell Offshore Inc. and Shell Pipeline Co. (SPLC) agreed to acquire interests in Ursa and Europa fields and Ursa Oil Pipeline Co. LLC from ConocoPhillips Co. (COP) for $735 ...

ConocoPhillips will sell its interests in the Ursa and Europa fields in the US Gulf and the Ursa Oil Pipeline Company to ...

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, once a champion of Net Zero, now faces investor pressure to refocus on oil and gas, signaling a potential shift away from ...

Management expects Q1 2025 volumes and revenues to rebound approximately 10% compared to Q4 2024, with EBITDA margins remaining stable. Rocca noted that tariffs under Section 232 could drive U.S. OCTG ...

Research shows that Europe's big polluters have handed shareholders, not clean energy, most of their profits – now they want ...

Japex is redirecting its investment focus towards oil and gas exploration and production and scaling back its renewable energy investments due to poor returns and rising costs, following a trend seen ...