The oil major saw its shares lift on Tuesday, following reports its biggest rival is weighing whether to launch a takeover bid.

Shell is the only major oil and gas giant whose stock is up in 2025. With a $200 billion market cap, making it the third ...

Shell is said to be considering how it could take over rival oil major BP in a mega-merger to create an energy, chartering ...

as conflict swirls over BP’s decision to cut back on climate goals. Chief executive Murray Auchincloss has faced mounting pressure to turn around the company’s struggling share price and in ...

A revolt this size is almost unheard of among blue chip businesses. Chief executive Murray Auchincloss tried to reassure investors, saying: “A fundamental reset was needed, which is exactly what ...

The oil giant’s chief executive Murray Auchincloss told shareholders at the company’s AGM that energy “is a growth market and demand has never been higher”. He said: “There may be some ...

Chief executive Murray Auchincloss told the meeting: “We were optimistic for a fast transition but that optimism was misplaced. “A fundamental reset was needed which is exactly what we’ve ...

Neither former BP CEO Bernard Looney, with the push toward renewables, nor his successor Murray Auchincloss, with the strategy reset to return on the path of oil and gas, have managed to erase the ...

as conflict swirls over BP’s decision to cut back on climate goals. Chief executive Murray Auchincloss has faced mounting pressure to turn around the company’s struggling share price and in ...

BP will seek to close the valuation gap of its stock price against its peers in the sector, chief executive Murray Auchincloss told shareholders on Thursday. “We recognize there is a valuation ...