Yet for Shell boss Wael Sawan, comparisons with London-listed competitor BP only serve to flatter. Since Sawan took the helm in January 2023, Shell’s share price has significantly outperformed both US ...

Shell has vowed to reward its shareholders even further after the FTSE 100 giant handed almost £19bn to its investors in 2024 ...

The FTSE 100 giant handed almost £19bn to its investors in 2024 while also revealing plans to cut spending and reduce costs ...

The corporation had already ditched its goal to reduce oil and gas output by 2030. Major oil company caves to investor ...

Oil prices dropped on Monday as the market anticipated either an increase or decrease in supply by the Organization of the Petroleum Exporting Countries and allies (OPEC+), while also assessing the ...

Companies are no longer blowing hot air about their ESG credentials anymore, they’re actively stepping back from them ...

Many major European companies across various sectors saw a sharp profit decline in 2024, while the defense industry, ...

Elliott Management, along with other major BP shareholders, is discussing potential additional measures to improve BP's performance, including deeper cost reductions and leadership changes, beyond the ...

Activist investor Elliott Management has met several large shareholders in BP to try to forge a consensus for more changes at ...

BP Plc said Apollo-managed funds will purchase a 25% non-controlling stake in BP Pipelines — known as BP TANAP — for about ...

Oil giant BP (BP) is selling a stake in a gas pipeline linking Azerbaijan and Turkey for $1 billion as it ramps up its efforts to slash debt ...