The energy giant has been weakened by years of mishaps and poor decisions, leading to rumors of a takeover that may not ...

Supermarket company Giant Eagle Inc. has sold its wholesale motor fuels distribution business to Cary Oil Co. Inc. in a ...

BP’s failed four-year transition experiment has destroyed market credibility and value, says analyst. Read more at straitstimes.com. Read more at straitstimes.com.

BP, then led by Lord John Browne, swallowed American giants Amoco for S48.2bn in 1998 and Arco (Atlantic Richfield) for $26.8bn in 2000.

The current record for oil and gas deals is the 1999 merger of Exxon and Mobil for more than $80 billion. A year prior, BP’s nearly $50 billion acquisition of Amoco set a short-lived record.

Shell said “no talks are taking place” for a potential megamerger with rival BP that would cost more than $80 billion and represent the biggest energy deal of the century. The ...

BP, then led by Lord John Browne, swallowed American giants Amoco for S48.2bn in 1998 and Arco (Atlantic Richfield) for $26.8bn in 2000.

Shell's rumored interest in acquiring BP made sense due to BP's underperformance and SHEL's stronger financials and strategy. Read the full analysis here.

Market chatter about a potential Shell-BP merger has intensified, fueled by BP’s weak performance, strategic flip-flops, and ...

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.

BP agreed to sell its mobility and convenience and BP Pulse businesses in the Netherlands to Catom, part of the company's ...

BP's stock price rose while Shell shares slid on news that the companies are in early talks over a potential merger.