Consultants downplayed previous warnings given to the Central Energy Fund about the purchase of Sapref’s oil refinery in South Durban, which has serious implications for the state and the public.

Oil Majors BP and Shell agreed with Libya's National Oil Corp (NOC) to conduct studies for hydrocarbon exploration and ...

BP has named former Shell chief financial officer Simon Henry to its board as a non-executive director, the UK supermajor ...

The appointment of Henry, as well as Ian Tyler and US oil executive Dave Hager, who also joined BP as directors this year, ...

The FTSE 100 and FTSE 250 both ended lower due to corporate updates and concerns over U.S. tariffs. Oil and gas stocks led ...

BP Plc appointed Simon Henry, a longtime Shell veteran, to its board of directors as the UK energy giant seeks to turn around ...

BP on Monday appointed Simon Henry, former finance chief of Shell , to its board as a non-executive director effective ...

Big Oil stocks were retreating on Monday after Shell warned that profits from trading gas and chemicals would be lower than expected in the second quarter.The trading slump may be confined to Shell, ...

The energy giant has been weakened by years of mishaps and poor decisions, leading to rumors of a takeover that may not ...

Shell’s robust rejection of these reports appears to have, for now, thrown cold water on a potential takeover bid for BP.

It’s not buying BP Plc. But last week’s forceful denial doesn’t address why the M&A chatter gained so much traction, ...

LONDON (AP) -- British oil giant Shell on Thursday denied media reports that it is in talks to buy rival BP. The Wall Street ...