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Supermarket company Giant Eagle Inc. has sold its wholesale motor fuels distribution business to Cary Oil Co. Inc. in a ...
A theoretical Shell-BP combination would carry debt and antitrust issues while requiring greater layoffs and divestments.
'Shell confirms it has no intention of making an offer for BP'.
British oil giant Shell is denying reports that it is in talks to buy rival BP. The Wall Street Journal on Wednesday said Shell was holding “early stage talks," to acquire its smaller rival ...
Shell Says It Has No Intention of Making an Offer for BP Shell Plc said it has no intention of making a takeover offer for BP Plc, refuting an earlier report that two of Europe’s biggest companies ...
LONDON (AP) — British oil giant Shell on Thursday denied media reports that it is in talks to buy rival BP.
A Shell-BP potential merger would weaken Shell's strong segments by adding BP's higher debt and weaker financials. Click here for the full analysis.
BP’s top sustainability executive, Giulia Chierchia, will leave the company on June 1.
Oil and gas giant BP announced weaker first quarter 2025 results on Tuesday, as its gas trading and refining divisions lagged. Underlying replacement cost profit was at $1.4 billion (€1.2bn) in ...
BP CEO Murray Auchincloss is announcing plans to ditch the company's goal of growing renewable generation capacity 20-fold by 2030 and instead return focus to fossil fuels, Reuters reports.
Shares in BP rose by 7% on Monday, and were on track for the biggest daily gain in two years, as investors anticipated that activist shareholder Elliott Management will press for board changes and ...
BP is slashing jobs in its EV charging business and pulling out of several markets as its big bet on rapid growth in commercial EV fleets “didn’t pay off,” according to company sources.