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SHELL BP DEAL
Shell denies it is in takeover talks with BPShell has refuted reports of takeover discussions with BP, emphasizing its focus on internal value capture through performance, discipline,...- BP Shell merger: Is the biggest merger ever in oil and gas industry happening? Check market cap, debt, valuationBP was valued at nearly $80 billion on Wednesday with net debt of $27 billion while Shell's market capitalisation stood at more than $208 b...
- BP stock soars 7% as Shell eyes major takeover — could this be the biggest energy deal of the year?BP shares jumped 7% after news broke that BP is in early-stage talks with Shell for a possible acquisition. According to The Wall Street Jo...
- Devil's in the details: Why BP's debt may deter a buyerBP faces takeover talks due to underperforming shares. However, its debt profile raises concerns. The company's liabilities exceed its decl...
- Private oil companies grab bigger share of aviation fuel marketState-run refiners have traditionally dominated India's aviation turbine fuel business. Private players have, however, gained ground in a d...
- Shell in talks with Indian energy consortium to sell Russian LNG plant stake: SourcesThe consortium's potential interest in the Russian plant shows how India is willing to move in on energy assets and cheap oil supplies comi...
- Shell to sell Russian retail and lubricants business to LukoilEnergy giant, Shell has announced the selling off its retail and lubricants business to Lukoil as the effect of the Russian invasion of Ukr...
- Oil traders made billions in 2019 as conflict shook the marketConsensus is that the industry benefited from a lucky mix of factors in the oil market.
- BP replaces Total as Renault F1 fuel partnerMOTOR-F1-RENAULT-BP:BP replaces Total as Renault F1 fuel partner
- Motor racing-BP replaces Total as Renault F1 fuel partnerMOTOR-F1-RENAULT/BP:Motor racing-BP replaces Total as Renault F1 fuel partner
- Global oil investors have $490 billion riding on Opec's output cap dealOil and gas firms including Exxon Mobil and Royal Dutch Shell Plc have together added $490 billion to their market value this year, the big...
- BG Group's shares soar more than 40% on Shell dealBG Group jumped more than 40 percent on Wednesday after Britain's third-largest energy company by market value.
- Kuwait signs $3 bln deal to buy gas from BPThe BP deal, signed by state-run Kuwait Petroleum Corp (KPC), will help Kuwait run its power plants through the hottest time of the year.
- More M&As in pipeline after Cairn-Vedanta, BP-RIL dealsIndia’s energy sector is ripe for a wave of M&A deals following the government’s approval of the Cairn-Vedanta deal and BP-Reliance deal.
- BP's Rosneft collapse puts Shell, Exxon back in playThe collapse of BP Plc's alliance with Russia's state-run oil company Rosneft brings one of the world's largest untapped drilling opportuni...
- BP-RIL deal to help develop domestic gas market: Sashi K Mukundan, BP, country headBP group companies' country head says the company will be looking at bringing in LNG to enhance the gas market.
- BP finally enters India's oil & gas spaceBP is no stranger to India but Monday's deal with Reliance Industries marks its first big-ticket foray into India's oil and gas arena after...
- BP and Verenium team up to produce biofuelsEuropean oil major BP PLC said Wednesday it is investing US$90 million in US biofuels producer Verenium Corp. to form a partnership aimed a...
- RIL looks to Shell, BP to bid for new oil blocksRIL may finalise one of these global majors as its strategic partner for exploration blocks in the seventh round of bidding under NELP. Rea...
- BP to lose 20 bn dlr oil field amid Russian crackdownBP’s Russian venture TNK-BP is likely to lose its licence for the $20-illion Kovykta gas field although Moscow could prefer to postpone the...
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