News

BP’s latest plan is to return 30%-40% of cash flow to shareholders and grow the dividend by 4% per year. This payout ratio is in line with that of most European integrated oil peers. Its latest ...
The macroeconomic environment looks to have turned against top dividend payers BP and Shell, raising questions about their ...
A protracted period of underperformance relative to its industry peers has thrust BP into the spotlight as a prime takeover ...
Shell brought on advisers to explore a potential acquisition of BP last month, but a potential sale now appears unlikely, ...
Abu Dhabi’s national oil company, Adnoc, is exploring the possibility of acquiring select BP assets if the British energy ...
Abu Dhabi’s Adnoc is evaluating potential bids for BP’s gas and LNG assets through its XRG unit, amid speculation that the ...
The U.S. and China have reached consensus on trade, representatives from both sides said after high-level talks in London.
The state deposit insurer said it sold 281 properties, comprising 71 PDIC-acquired assets and 210 owned by closed banks. Of the total, P194.9 million was raised through public biddings, with the ...
The value of private equity assets sales through the initial public offering market in Europe has dropped to an average of $3.7 billion in the last four years, a fraction of the more than $17 ...
BP is selling Castrol as part of its plan to reduce debt. In February, BP announced it wanted to raise around USD 20 billion by 2027 by selling some of its assets. The sale of Castrol is part of this ...
BP's planned sale of its Castrol lubricants business has drawn early interest from private equity and industry bidders, although some are considering offers below the expected $8B-plus.
BP Trinidad and Tobago successfully commenced ... Also Read: Shell Boosts Nigerian Deepwater Assets With TotalEnergies Stake Purchase This development features a 12-slot, attended facility ...