This is buying time for a more comprehensive deal – it allows time for the process and ‘mechanism’, in the words of Treasury secretary Bessent, to take place. He insisted that strategic rebalancing of ...

This Texas landowner has made a fortune for shareholders from the US oil rush without spending a dime on drilling. Can the ...

If Shell Plc and BP Plc tie the knot, the merger would create for the first time a European oil major that could challenge US ...

Shell, Chevron, Exxon, TotalEnergies, and others have looked into acquiring the oil company. A takeover of BP might be ...