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

The British energy giants signed agreements with Libya's National Oil Corp. to study new opportunities, joining international majors accelerating their return to the oil-rich African nation.

Oil Majors BP and Shell have made agreements with Libya's National Oil Corp (NOC) to conduct studies for hydrocarbon exploration and development at three Libyan oilfields, NOC said on Monday.

Libya's National Oil Company signed agreements with BP and Shell to conduct studies for hydrocarbon exploration and development at three Libyan oilfields.

Shell refuted the takeover rumors, yet the speculation emphasizes what investors are beginning to recognize: BP’s significant discount and strategic shift might be due for reevaluation. With ...

Shell has formally denied any intention to bid for BP, dismissing recent media speculation about a potential merger between the two UK-based energy giants.

SHEL and BP partner with Libya's NOC to explore and develop hydrocarbon potential across three key oilfields, marking a return to the energy-rich nation.

BP's stock price rose while Shell shares slid on news that the companies are in early talks over a potential merger.

Shell's rumored interest in acquiring BP made sense due to BP's underperformance and SHEL's stronger financials and strategy. Read the full analysis here.

Libya's National Oil Corporation (NOC) has agreed with oil companies BP and Shell to conduct hydrocarbon exploration and development studies in three Libyan oilfields.

Shell “has not been actively considering making an offer for BP and confirms it has not made an approach to, and no talks have taken place with BP with regards to a possible offer”, it said in ...

Libya’s National Oil Corp (NOC) announced on Monday that agreements have been reached with oil majors BP and Shell. These agreements involve conducting studies for hydrocarbon exploration and ...