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Shell has formally denied any intention to bid for BP, dismissing recent media speculation about a potential merger between the two UK-based energy giants.
Shell has started subsea compressors at Norway’s Ormen Lange natural gas field to boost recovery and increase production, contributing to Europe’s energy supply.
Shell has not bid for BP and is not actively considering such a move, it said in a categorical denial on Thursday, adding it was bound by UK rules which mean such a statement bans it from bidding ...
Shell SHEL -1.33% said it expects its second-quarter performance to be hit by weaker trading in its core integrated gas division, prompting a decline in its shares by around 3% on Monday. The ...
Returning to Shell and BP, even if that deal isn’t going to happen in the immediate future, it is likely to keep some degree of M&A premium priced into shares of BP.
"We will not accept abandonment." Monarch files multibillion-dollar lawsuit against oil giant Shell over allegedly harmful practices: 'Cannot be a sacrificial zone' first appeared on The Cool Down.
Edgewater Midstream agreed to acquire the 100% interest in the Sinco pipeline system and the Colex East and West terminals in the Houston refining corridor from Shell subsidiaries.
A key concern for markets would center around the potential impact of the developments in the Middle East on oil prices and thus on inflation.
US Treasury sanctions Iranian oil smuggling networks, including vessels and companies linked to Salim Ahmed Said, intensifying efforts to disrupt Iran’s oil exports and terrorism financing.
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