Rules to prevent ‘enormous waste’ of fuel are seen as weak and poorly enforced, meaning firms have little incentive to stop.

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.

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

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.

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

BP has signed a provisional deal with Libya's state oil company to redevelop the huge Sarir and Messla oilfields in the Sirte basin.

Libya's National Oil Corp (NOC) announced on Monday that agreements have been reached with oil majors BP and Shell.

BP Plc appointed Simon Henry, a longtime Shell veteran, to its board of directors as the UK energy giant seeks to turn around its fortunes.

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.

The energy giant has been weakened by years of mishaps and poor decisions, leading to rumors of a takeover that may not subside.

News that Shell and BP were involved in tie-up talks on Wednesday reignited chatter about the potential for an oil industry megamerger on a scale unseen since the 1990s. But analysts consulted by ...

Shell has doubled down, denying rumors it is in early talks to buy rival U.K. energy giant BP, but it's not the first time the company has been the subject of takeover speculation.