Business ❯ Energy ❯ Oil and Gas

Corporate Strategy

Mergers and Acquisitions Financial Performance BP Investment Decisions Sustainability Investment Plans Market Trends Capital Allocation Asset Swap Operational Synergies

BP Weighs North Sea Exit in Strategic Review Under New CEO

The raised windfall levy has pushed the effective tax rate to about 78%.

Chevron Boosts Venezuela Heavy-Oil Stake in PDVSA Asset Swap

TotalEnergies Profit Falls, Dividend Raised as Group Sticks to Hydrocarbons-Plus-Power Strategy

Shell Rejects Report of Vaca Muerta Sale, Calls It 'Fake News'

Devon and Coterra Strike All-Stock Merger to Form $58 Billion Shale Operator

Shell Weighs Sale of Vaca Muerta Stakes as YPF–Pluspetrol Swap Recasts LNG Plans

Chevron Sets 2030 Plan for Double-Digit Cash and EPS Growth, Trims Capex, Eyes AI Power Project

DNO, Aker BP Seal Asset Swap to Lift DNO’s Verdande Stake to 14%

BP Confirms Largest Oil and Gas Find in 25 Years at Brazil’s Santos Basin

YPF Opens Phase II of Project Andes to Sell 16 Conventional Blocks

Shell Denies Talks to Acquire BP, Invokes Six-Month Takeover Ban

BP Cuts Buybacks, Spending as Q1 Profits Halve Amid Oil Price Decline

Elliott Management Becomes BP’s Second-Largest Investor, Pressures for Deeper Oil Focus

BP Chairman Helge Lund Announces 2026 Departure as Leadership Transition Begins

Shell Boosts Shareholder Returns and LNG Growth While Cutting Green Investments

BP Resets Strategy, Scaling Back Renewables to Focus on Oil and Gas

BP to Shift Focus Back to Fossil Fuels, Dropping Key Renewable Energy Targets

BP to Overhaul Strategy Following Profit Decline and Investor Pressure

BP Announces 4,700 Job Cuts in Global Workforce Streamlining

BP Forms $5.8 Billion Offshore Wind Joint Venture with JERA