Cairo - Egypt's Gulf of Suez Oil Company (Gapco) and BP Amoco have made two new oil finds in the Gulf of Suez with combined proven reserves so far of 35.5 million barrels, an oil ministry official ...

white and yellow logo replaces the BP shield and is designed to show the company's commitment to the environment and solar power. The company is to revert to its old name of BP, following two years as ...

BP rose on Monday (Tuesday AEST) after Bloomberg reported that Shell is working with advisers to evaluate a potential acquisition of its UK rival. BP’s American depositary receipts climbed 1.9 ...

The Fairfax City tank farm, located just off Pickett Road, stores four petroleum companies’ fuel and gasoline: Citgo, BP/Amoco, Motiva and TransMontaigne. An oil tanker truck was loading ...

Shell is reportedly assessing the possibility of a potential acquisition of BP, reported Bloomberg, citing people familiar with the matter. The company is monitoring stock and oil price trends ...

BP (NYSE:BP) +3.1% pre-market Friday following a Financial Times report that several rival oil producers have "run the numbers" in weighing the opportunity to buy the struggling company at a steep ...

Shell plc SHEL is reportedly exploring a potential acquisition of British energy rival BP plc BP, a deal that could mark one of the largest mergers in the history of the oil industry. While no ...

Shell is evaluating the possibility of a takeover of rival oil supermajor BP, according to reports. Shell’s musings over a bid for BP are at an early stage and turning them into action is likely to ...

May 3 (Reuters) - Shell Plc (SHEL.L), opens new tab is working with advisers to evaluate a potential acquisition of rival BP Plc (BP.L), opens new tab, though it is waiting for further stock and ...

Subsea Integration Alliance—comprising SLB OneSubsea and Subsea 7—has landed a sizable contract with BP under its global framework agreement, securing the subsea engineering and construction ...

Major oil companies, including Shell, Exxon, and Chevron, are assessing the possibility of acquiring BP, valued at $160 billion on a sum-of-the-parts basis. BP's oil and gas assets are worth ...

While oil stocks report higher earnings, their revenue is taking a hit. British multinational oil and gas company BP (BP) is in a two-year long slump that accelerated last year with shares losing ...