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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 Chief exec Wael Sawan (pictured) did not rule out launching a takeover bid for rival BP - but said the bar to such a ...
Total transaction volume down 6% to $1.5bn vs. $1.53bn ests (1.9% miss)Revenue down 3% to $139.76m vs. $143.5m ests (2.6% ...
A price target of $29 was set for BP (NYSE:BP), indicating a slight overvaluation at its current trading price. Downgrade to ...
BP’s declining market value and strategic instability have fueled speculation of a takeover by Shell or ExxonMobil, with Shell crunching the numbers and Exxon eyeing its trading division.
BP p.l.c. generated fairly stable results in oil production in the first quarter and continued to spend a lot of money on ...