News

The energy giant has been weakened by years of mishaps and poor decisions, leading to rumors of a takeover that may not ...
Fuel oil imports into the refinery hub on the U.S. Gulf Coast hit a record low in June as tighter global supplies prompted ...
BP's push to farm down its 100% stake in the deepwater US Gulf's Kaskida project is “well underway”, a top executive at the supermajor told Upstream.
The Associated Press on MSN15d
Oil spill in gulf linked to pipeline failure
Roughly 1.1 million gallons of crude oil spilled from a pipeline into the Gulf of Mexico in November 2023 because operators ...
A report suggesting multinational oil company Shell is in early talks to acquire fellow gas giant BP sent shockwaves through Houston's energy industry Tuesday—but Shell is firmly denying any such ...
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.
The main difference is that Shell started as an oil trading company, while BP, through the British Empire, acquired oil and gas fields in some of the richest hydrocarbon countries in the world, ...
A Shell-BP merger could enhance Shell’s liquefied natural gas and Gulf of America operations, but integration challenges, cultural clashes, and regulatory scrutiny pose risks.
Report: Shell weighs early talks to acquire BP in landmark oil deal A report in the Wall Street Journal said the two oil giants with US headquarters in Houston are in talks to merge.
10 years after BP spill: Oil drilled deeper; rules relaxed Ten years after an oil rig explosion killed 11 workers and unleashed an environmental nightmare in the Gulf of Mexico, companies are ...
Saudi Arabia and other oil states are rushing to load tankers in case the Israel-Iran fighting spreads to export installations.
KEY TAKEAWAYS: 1.1 million gallons of crude oil spilled in Gulf of Mexico, Nov 2023. Pipeline operator delayed shutdown nearly 13 hours despite warning signs. Underwater landslides and hurricane risks ...