bp

KEY POINTS Chevron has agreed to acquire a 10% stake in an offshore exploration licence in Namibia’s Orange Basin from Custos Energy for $11 million, strengthening its position in one …

KEY POINTS BP CEO Meg O’Neill says the oil major needs to make more disciplined investment decisions and strengthen investor confidence as she marks her first 100 days in the …

KEY POINTS Libya’s state-owned National Oil Corporation, NOC, is seeking stronger cooperation with British and international energy companies as it works to increase oil and gas production, improve the efficiency …

KEY POINTS Shell Offshore, a subsidiary of global energy major Shell, is set to acquire a 30 per cent stake in the Conifer exploration prospect in the Gulf of Mexico …

KEY POINTS Energean is in exclusive negotiations to acquire some of BP’s upstream oil and gas assets in Egypt in a deal that could be worth about $1 billion, according …

KEY POINTS Two of the world’s biggest energy companies, ExxonMobil and Chevron, have reported significant drops in first-quarter profits for 2026, even as global oil prices surged due to supply …

KEY POINTS Algeria has granted BP Plc a new prospecting authorisation in its eastern basin, as the country intensifies efforts to expand hydrocarbon exploration and attract international investment. The approval, …

KEY POINTS Britain’s two largest energy companies, Shell and BP, are poised to benefit from the ongoing geopolitical tensions surrounding the Strait of Hormuz, potentially capturing a combined £5 billion …

KEY POINTS Shell’s long-serving mergers chief Greg Gut resigned after senior executives opposed an internal push to acquire BP, according to a report by the Financial Times, shedding new light …

KEY POINTS BP and Eni’s joint venture in Angola has brought a major gas processing plant into operation in Soyo, marking one of the country’s most significant steps yet in …