A protracted period of underperformance relative to its industry peers has thrust BP into the spotlight as a prime takeover ...

Abu Dhabi’s national oil company, Adnoc, is exploring the possibility of acquiring select BP assets if the British energy ...

Shell brought on advisers to explore a potential acquisition of BP last month, but a potential sale now appears unlikely, ...

BP Plc, battling to contain the biggest oil spill in U.S. history in the Gulf of Mexico, rose on reports it is selling assets in Alaska and Exxon Mobil Corp. may consider a bid for the company.

Abu Dhabi’s Adnoc is evaluating potential bids for BP’s gas and LNG assets through its XRG unit, amid speculation that the ...

The sale comes after the resignation of BP Chief Executive Officer ... worth around $1.7 billion. Meanwhile, speculation in Europe is ripe over what assets BP might sell in Europe.

In addition, Wall Street was responding to media reports that BP was negotiating asset sales with Apache and other companies, as well as to speculation that BP might become a takeover target ...

The cost to protect BP Plc’s ... straight day on speculation the company may succeed in halting the biggest oil spill in U.S. history this week and as it negotiates the sale of assets in Alaska.

The lubricants unit is now viewed as a valuable standalone asset. Analysts at Bernstein estimate that the sale could fetch $10-$11 billion, making it one of the largest in BP’s current ...