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The Wall Street Journal on Wednesday said Shell was holding “early stage talks,″ to acquire BP, citing people familiar with the matter.
While high BP does increase long-term risk, especially when uncontrolled, it's the gradual damage that makes it dangerous. However, this doesn’t mean low BP gets a free pass.
Now, through BP Plc ’s technology center in Houston, a new AI-powered tool is dramatically streamlining the process and running thousands of scenarios to determine the best trajectory.
BP announced in a release posted on its site recently that it, together with its partners, has entered into a series of agreements “that will build and expand on its major oil and gas interests ...
For the next fiscal year, the consensus earnings estimate of $2.61 indicates a change of +12.1% from what BP is expected to report a year ago. Over the past month, the estimate has changed -18.9%.
Shell Reportedly Studying BP Bid By Irina Slav - May 05, 2025, 2:30 AM CDT ...
A successful takeover of BP could bolster Shell’s output growth by allowing the company to regain exposure to the US, after it sold its Permian Basin shale assets to ConocoPhillips in 2021.
Oil and gas giant BP announced weaker first quarter 2025 results on Tuesday, as its gas trading and refining divisions lagged. Underlying replacement cost profit was at $1.4 billion (€1.2bn) in ...
Irina Slav BP, Shell, and Exxon Signal One Thing: Oil Isn’t Going Anywhere By Irina Slav - Mar 29, 2025, 6:00 PM CDT ...
BP plans to sell 50% of Lightsource BP to a strategic partner, with bids due in June. This is part of its strategy to cut costs and boost returns amid investor pressure.
Under the tenure of old chief executive Bernard Looney, BP had dropped its 2020 goal of cutting production, revising it down in 2023 from 40% to 25%. The aim of dropping its oil and gas output by ...