Senior leaders at Shell rejected a proposal to acquire rival BP early in 2025, prompting the resignation of the former executive in charge of Shell’s mergers and acquisitions, the Financial Times ...

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The Trump administration’s decision to halt fully permitted offshore wind energy projects is “very damaging” to investment, Shell US President Colette Hirstius told the Financial Times in a report ...

After calling an interim suspension of works on the planned 820,000-tonnes/year biofuels plant in 2024 to reassess competitiveness, Shell said on Sept. 3 it will not resume construction on the ...

At least five new or expanded liquefied natural gas export plants have received a green light for construction this year, and several more could be approved by year-end, but companies are building so ...

Shell Plc’s return to Angola after a 20-year hiatus highlights a shift in sentiment toward the nation’s oil sector, as reforms aimed at attracting global capital start to show results. Shell, ...

Paramount‘s new President Jeff Shell might have experimented with windowing at NBCUniversal during the pandemic and after it, specifically dabbling in the controversial day-and-date strategy. However, ...

Paramount has set the base salaries for its new C-suite on the heels of Skydance closing its $8 billion acquisition of the media giant. David Ellison, founder of Skydance and now CEO of Paramount, ...

Shell’s focus on the “brilliant basics” in its upstream business continues to drive the savings at the heart of the company’s cost cutting drive, chief executive Wael Sawan told investors on Thursday.

BP's stock price jumped as much as 10% after the Wall Street Journal reported that rival Shell is in early talks to acquire the British oil company. Shares of BP jumped $3.11, or 10%, to $32.94 in ...