Shell is advancing its Dragon offshore gas project in Venezuela after new U.S. licenses permitted limited energy development under sanctions.
The oil giant also says it is suspending its share buyback programme ahead of the arrival of its new boss.
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Sanctions reset propels BP, Chevron and Shell back into Venezuela’s vast oil reserves
The United States has approved new licences allowing major international energy companies — BP plc (LSE: BP), Chevron ...
BP's decision to scrap buybacks may be painful in the short run, but by prioritising production growth over shareholder ...
Balancing these concerns, there was divergence between Shell and BP as they announced full-year 2025 financial results. 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 ExxonMobil ...
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Why the Shell-BP speculation won't go away
Shell's firm denial that it's eyeing acquisition of BP may tamp down chatter of a blockbuster deal for now — but it won't end speculation about BP's fate as long as it underperforms its Big Oil rivals ...
Shell plc is a textbook Hold: fair valuation, solid buybacks, and a decent dividend, but no major upside or hidden value from BP p.l.c. merger rumors. Both Shell and BP are prioritizing cash flow, ...
Shell doubled down on its denial of acquiring rival BP, claiming it has “no intention” of making an offer while invoking a U.K. law that forbids Shell from bidding on BP during the next six months ...
A recent attempt by BP to shift its strategy to focus more on oil and gas production over renewables was not warmly greeted by investors BP's stock rallied on Wednesday, and shares of Shell fell, ...
Shell said general licenses for oil and gas exploration in Venezuela issued by the Trump administration will allow it to move forward with its Dragon natural gas project.
Shell (NYSE:SHEL) has moved quickly to shut down speculation about a takeover bid for BP (LSE:BP,NYSE:BP), issuing a formal statement under the UK Takeover Code. According to the company, no talks ...
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