Underneath record profits are extremely varied strategies, political relationships and long-term prospects. But BP and Shell in particular stand out. Lacking the natural advantages and national ...

On September 2, Shell Offshore, a subsidiary of Shell plc (NYSE:SHEL), announced the acquisition of a 30% working interest in ...

Shell has agreed to acquire stakes in BP-operated exploration acreage offshore Brazil and in the U.S. Gulf of America, while ...

As BP's struggled, Shell shares have streaked ahead. Yet Harvey Jones says both are now rising in lock step. But which of ...

Shell's rumored interest in acquiring BP made sense due to BP's underperformance and Shell's stronger financials and strategy. BP's aggressive green energy pivot weakened its core business, while ...

Shell to acquire a 30% interest in BP's Conifer exploration prospect in the US Gulf and a 50% stake in BP's Tupinamba exploration ​block in Brazil's Santos Basin.

SHEL buys stakes in BP-operated deepwater prospects in Brazil and the Gulf of America, expanding exposure to potentially ...

Discussions inside Shell have gained momentum in recent weeks, driven largely by BP’s declining market capitalization. BP’s shares have lost nearly 22.4% over the past year due to weak oil prices, ...

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 ...

The Wall Street Journal reported yesterday that Shell ( SHEL) was in early-stage talks to acquire BP ( BP), a deal that could be the largest oil merger in a generation, potentially surpassing ...

BP has agreed to let Shell buy into some of its offshore exploration assets in Brazil and the US Gulf, the UK supermajor said Wednesday. Shell will acquire a 50% stake in the Tupinamba exploration ...

Shares of BP rose Wednesday, lifted by a report that Shell was in talks to acquire it in what would mark a huge deal for the ...