A protracted slump in crude prices has ratcheted up the pressure on Big Oil’s commitment to allocate cash to shareholders.

British equities experienced a setback due to rising concerns about the U.S. fiscal outlook and the UK's unexpected budget ...

BP has started a sale process for its Castrol lubricants business and has hired Goldman Sachs to help it sell the unit, ...

BP has kicked off the sale of its more than a century-old Castrol lubricants business, according to two people with knowledge ...

BP (BP) and Shell (SHEL) have held preliminary discussions with Oil and Natural Gas Corp. for a potential partnership in the ...

Global oil giants ExxonMobil, Shell, and BP have held initial talks with India’s state-owned Oil and Natural Gas Corporation ...

In the wake of blockbuster energy deals like ExxonMobil’s XOM acquisition of Pioneer Natural Resources and Chevron’s CVX pending merger with Hess, speculation around Europe’s largest oil company Shell ...

A fifth of shareholders supported resolution calling on Shell to justify assumptions behind its LNG growth strategy ...

Company executives expressed confidence that their firms can and will withstand the new market downturn and continue to ...

Shell shareholders reelected Chair Andrew Mackenzie and CEO Wael Sawan but more than 20% supported a resolution doubting the ...

Shell shareholders on Tuesday re-elected Chair Andrew Mackenzie and CEO Wael Sawan, who said when asked about a potential ...