Abu Dhabi National Oil Company (ADNOC) and the XRG Consortium have launched a $30 billion takeover for Australian-based ...

The Middle East conflict and prospect of a protracted regional fight has put investors and business leaders on edge as the ...

Energy major BP ( NYSE: BP) was gaining for the seventh straight session on Friday as its shares rose 2.33% to reach $31.64 during afternoon trading. The company added more than 6% in the preceding ...

Goldman Sachs International Co-CEO Anthony Gutman told CNBC that the convergence in U.S. and European growth rates came about ...

A protracted period of underperformance relative to its industry peers has thrust BP into the spotlight as a prime takeover ...

The perceived risk from tariffs was more than six times greater than the next highest-ranking concern, Schroders survey shows ...

Shell brought on advisers to explore a potential acquisition of BP last month, but a potential sale now appears unlikely, ...

BP's size, asset complexity and limited buyer interest make a near-term takeover highly unlikely, say Moelis bankers.

The chances that a rival oil company will take over BP Plc are slim right now, even as peers have been running the numbers, because of the firm’s size and complexity, said bankers from Moelis & Co.

The chances that a rival oil company will take over BP are slim right now, because of the company's size and complexity, ...