Unnamed sources familiar with the developments have told Bloomberg that Shell was studying a takeover that would depend on ...

Meanwhile, activist investor Elliott Management is pushing for more aggressive goals to get the company back on its feet.

BP's continued share underperformance - the stock has dropped 27% over 12 months - "makes it open to a takeover," a source close to activist investor Elliott Management, which holds a stake of just ...

Activist shareholder Elliott Investment Management’s stake in BP could complicate the potential for any takeover bid for the ...

As one UK major is rumored to be a potential takeover target for another, Energy Intelligence examines whether BP's portfolio ...

The oil major saw its shares lift on Tuesday, following reports its biggest rival is weighing whether to launch a takeover bid.

How has the once-mighty supermajor found itself in such a vulnerable position? It’s a story two decades in the making.

Bloomberg news is reporting that Shell has brought on advisers to study an acquisition of BP. Citing anonymous sources, the financial news service reported London-based Shell may buy its rival if oil ...

In February, bp announced a “fundamental reset” of its strategy, abandoning its clean-energy plans with renewed focus on ...

The latest casualty? BP’s top sustainability executive, Giulia Chierchia, will leave the company on June 1, marking another ...

The oil company may opt to focus on share buybacks and bolt-on acquisitions, according to people familiar with the matter.

Shell is reportedly working with advisers to evaluate a potential acquisition of BP, though it's waiting for further stock ...