Senior leaders at Shell rejected a proposal to acquire rival BP early in 2025, prompting the resignation of the former executive in charge of Shell’s mergers and acquisitions, the Financial Times ...
After calling an interim suspension of works on the planned 820,000-tonnes/year biofuels plant in 2024 to reassess competitiveness, Shell said on Sept. 3 it will not resume construction on the ...
Shell’s strategy focuses on cost reductions, increased shareholder returns, and maintaining strong upstream and downstream operations to ensure stability in a volatile energy market. Management is ...
Skydance’s acquisition of Paramount Global put former NBCUniversal CEO Jeff Shell back in charge of a broadcast network. As President of the newly merged Paramount, he oversees the day-to-day ...
Volta Charging, an electric vehicle charging station manufacturer, was an early entrant to the “everything is an ad network” trend when it started building an adjacent advertising and data business ...
Oil and gas major Shell (LON: SHEL) has maintained the pace of its $3 billion-plus share buybacks, despite its quarterly profits falling by a third. With energy prices dipping over the course of the ...
Persistent Shell-BP merger rumors increase risk for Shell shareholders, contributing to my decision to sell my entire Shell position, despite management denials of any intent to merge the companies.
Shell said on Thursday it hasn’t actively considered an offer for BP and has no intention of making such a bid, after a media report earlier this week rekindled speculation about a giant energy tie-up ...
BP's stock price jumped as much as 10% after the Wall Street Journal reported that rival Shell is in early talks to acquire the British oil company. Shares of BP jumped $3.11, or 10%, to $32.94 in ...
Spanish company Grupo Ibaizabal is being named as the company behind a pair of LNG bunker vessel newbuildings contracted in South Korea, against employment with energy major Shell. HD Korea ...
Shell has brought online the first of three wells planned to expand production at its Perdido host in the US Gulf, the UK operator confirmed to Upstream. The first well began production in March, ...
Shell is reportedly considering a takeover bid for fellow supermajor BP, which has seen its fortunes dim recently after its rather premature bet on a fast energy transition. The report comes from ...
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