Two international oil majors are closing in on the first big oil production deals in Venezuela since the U.S. capture of ...

Shell needs an acquisition or exploration breakthrough to make up for an expected production shortage of 350,000-800,000 ...

BP’s weak first-quarter results and stock underperformance over the past year rekindled speculation that the UK-based supermajor could be a target of a blockbuster acquisition. As it has been ...

Shell said “no talks are taking place” for a potential megamerger with rival BP that would cost more than $80 billion and represent the biggest energy deal of the century. The denial comes on the ...