BP and Shell go back to basics to boost shareholder returns
WEBMay 10, 2024 · Shell and BP had a simple message for investors at their latest results: boring is back. After years of headline-grabbing management changes, splashy deals and ambitious attempts to woo ESG ...
Shell-BP fantasy M&A has some grounding in reality | Reuters
WEBLONDON, Aug 1 (Reuters Breakingviews) - Two decades ago, when John Browne was running BP and the UK oil major was worth more than Shell, his advisors used to run the numbers on a potential...
Shell backs BP in fight over Venture Global LNG exports
WEBJan 3, 2024 · Shell PLC has joined BP PLC in its battle against Venture Global LNG, accusing the liquefied natural gas (LNG) producer of denying it and other customers access to supplies while exporting more...
What To Make Of BP And Shell Dividends Following Latest Results? - Forbes
WEBNov 3, 2023 · Both BP (LON: BP) and Shell (LON: SHEL) appear to be focused on enhanced shareholder returns over the near-term. So what should investors expect as 2024 approaches?
Shell revises climate targets as it plans to keep gas business growing
WEBMar 14, 2024 · Shell has weakened some of its climate targets to accommodate plans to keep growing its giant gas business, ditching a 2035 greenhouse gas emissions reduction target even as it maintained a net...
Why are BP, Shell, and other oil giants making so much money
WEBFeb 12, 2023 · BP and Shell invest some of the billions they make from oil and gas into renewable power such as solar and wind farms, and charging stations for electric cars.
Shell, BP Keep Pace of Stock Buybacks Steady After 2023 Retreat
WEBMay 7, 2024 · BP Plc kept up the pace of share buybacks in the second quarter, following peer Shell Plc, as oil majors double down on making shareholders returns a priority.
Oil majors call on Washington and Brussels to intervene in LNG …
WEBNov 11, 2023 · Shell and BP have asked Washington and Brussels to intervene in a bitter dispute with Venture Global LNG, warning the company’s refusal to honour a multibillion-dollar liquefied natural gas...
Shell Joins BP in Ramping Up Dispute With Key US LNG Seller - Bloomberg.com
WEBJan 3, 2024 · Shell Plc is joining rival BP Plc in escalating a feud with Venture Global LNG Inc., asking US energy regulators to intervene in their dispute with the natural gas exporter.
BP scales back climate targets as profits hit record - BBC
WEBFeb 7, 2023 · Energy giant BP has reported record annual profits as it scaled back plans to reduce the amount of oil and gas it produces by 2030. The company's profits more than doubled to $27.7bn (£23bn) in...