BP Plc to reopen office in Libya by 2025, signs agreement with NOC for new exploration opportunities. Shell also involved in ...

Royal Dutch Shell Plc and BP Plc agreed to annual deals to buy Libyan crude, underscoring how the North African country’s recovering production and improving security are enticing some of the ...

BP <BP.L> is to resume exploration activities in Libya that it suspended because of last year's uprising, re-starting a relationship which under ousted Libyan leader Muammar Gaddafi landed the ...

After pushing back the start date for its exploration, U.K. oil giant BP is expected to start its deep water drilling operations in Libya by October at the latest.

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 ...

Shell denied that it was in talks to buy BP after the Wall Street Journal reported Wednesday that the oil major was in early discussions over a takeover of its British rival.

Shell rebuffed a Wall Street Journal report that said the oil giant was in early talks to take over rival company BP. “This is further market speculation. No talks are taking place,” the ...

BP Plc rose on May 5 after Bloomberg reported that Shell Plc is working with advisers to evaluate a potential acquisition of its U.K. rival. BP’s American depositary receipts climbed 1.9% to $28 ...

Shell-BP would be a seriously big beast. At around 5.4 million of daily barrels of oil equivalent output, it would create a European giant that dwarfs even U.S. peer Exxon Mobil , opens new tab ...

As if BP didn't have enough troubles, it's struggling to make nice with Moammar Gadhafi. Like just about every other oil company in the world, BP wants to dip its beak in Libya's vast oil and gas ...

Shell currently has a market value that is twice as high as BP’s, at close to $200 billion versus BP’s $74 billion. By Irina Slav for Oilprice.com More Top Reads From Oilprice.com ...