Morgan Stanley (NYSE:MS) reshuffled its ratings on European energy majors, downgrading BP (NYSE:BP) to Underweight, cutting Equinor (NYSE:EQNR) to Equal-weight, and upgrading TotalEnergies (EPA:TTEF) ...

Morgan Stanley forecasts that a significant oil market surplus will lead to a slump in earnings for major international oil companies and a reduction in share buyback programs.

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 ...

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 ...

Unnamed sources familiar with the developments have told Bloomberg that Shell was studying a takeover that would depend on ...

Hawaiʻi’s lawsuit accuses ExxonMobil, Chevron, Shell, BP, ConocoPhillips, and other oil companies of a “decades-long campaign ...

While ExxonMobil and Chevron are also contenders for a bp takeover, they are “entangled in their own high-stakes takeover ...

Big Oil majors, including Shell, Exxon, Chevron, and TotalEnergies, are exploring a potential acquisition of BP as its ...

BP's continued share underperformance - the stock has dropped 27% over 12 months - "makes it open to a takeover," a source close to activist investor Elliott Management, which holds a stake of just ...

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Oil company giant Shell’s rumored takeover of BP would create a company with more than $120.4 billion in global retirement ...