BP

Energy

Shell Dismisses BP Takeover Talks as Mere ‘Speculation’

Photo via Karol Serewis/ZUMAPRESS/Newscom

A megamerger of this sort would vault Shell’s market cap closer to ExxonMobil’s $468 billion and likely beyond Chevron’s $248 billion.

2 min read

Photo by Paul Sableman via CC BY 2.0

Finance

Activist Investor Elliott Tightens Grip on Oil Giants Phillips 66 and BP

Elliott has played a central role in pushing out a CEO at Starbucks and convincing conglomerate Honeywell that it needed to break up.

2 min read
Photo by Jethro Carullo via Unsplash

Energy

Oil Giants Need Gas More than Oil Right Now

Last week the Big Oil companies weighed in with their earnings reports, and it was mostly a pretty sorry assembly.

2 min read
Photo by Jetcityimage via iStock

Energy

Chevron and BP Hone Core Focus Amid Promising Oil Future

Oil giants Chevron and BP made moves to refine their business, drilling down on core segments that crude demand assures will be worth it.

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Energy

BP Puts $2 Billion US Onshore Wind Business Up for Sale

Photo by Luca Bravo via Unsplash

On Monday, BP announced it will put its US onshore wind power business, estimated to be worth about $2 billion, on the market.

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Photo by Harrison Keely via CC BY 4.0

Energy

Exxon Sees Oil Demand in 2050 Unchanged, Testing Net Zero Goals

ExxonMobil forecast that oil demand will remain above 100 million barrels per day in 2050, roughly the same as current levels.

2 min read

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