The energy major's 2024 profit came in under forecasts and fell compared with 2023 due to lower oil and gas prices and lower margins in the downstream business. But management has kept to its $3.5bn ...

A court ruling requires the British government to consider the potential climate impact of the oil and gas produced in the North Sea.

Shell has increased its dividend to shareholders despite profits falling last year, after the energy giant was hit by weaker ...

Shell and BP have been trying to close valuation gaps towards similar levels that the major US-based oil players enjoy, which would come around from a bump-up in share prices. Several companies have ...

With oil majors gearing up to publish their fourth quarter results in the coming weeks, investors will be looking to see if ...

The British ambassador to Baghdad said on Wednesday that BP will engage the Kurdistan Region regarding its controversial ...

Venture Global is involved in contract arbitration cases brought by some of the world's top oil and gas producers, including ...

Iraq branch chief on Tuesday said that the company’s new agreement to redevelop four key oilfields in Kirkuk province will ...

From the inevitable AI perspective, SAP brought “over 1300 gen AI use cases” in 2024, over-delivering on targets. More than ...

"The first low-pressure gas production from the Shah Deniz Alpha platform is scheduled for June-July 2029, and from the Shah Deniz Bravo platform in April-May 2030," BP-Azerbaijan said.

The science isn’t all that new, but it’s raised concerns and praise on three fronts: the environment, land rights and what ...

Under the five-year agreement, bp will provide $20 million in financing to resume maintenance work at the anode blocks ...