BP’s decision to scrap buybacks may be painful in the short run, but by prioritising production growth over shareholder payouts it can begin to repair its shaky financial footing.

Oil giant BP has been thrust into the spotlight as a prime takeover candidate — but energy analysts question whether any of the likeliest suitors will rise to the occasion. Britain's beleaguered ...

In the wake of blockbuster energy deals like ExxonMobil’s XOM acquisition of Pioneer Natural Resources and Chevron’s CVX pending merger with Hess, speculation around Europe’s largest oil company Shell ...

Report says Shell CEO, CFO opposed BP bid Gut confirms he left Shell in September Shell in June ruled out BP bid, said it was bound by UK rules Shell on Tuesday says it has 'nothing to add' on matter ...

Dec 16 (Reuters) - Shell's chief of mergers Greg Gut left the oil and gas major after Chief Executive Wael Sawan and other top executives blocked an internal proposal to buy rival BP earlier this year ...