BP Gets an Big Activist Investor. The Stock Is Rising.
Hedge fund Elliott Management has built a stake, The Wall Street Journal reported, and will push for transformational change.
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BP Strikes Oil & Gas in Egypt's King Mariout Offshore Block
BP plc BP, the UK-based energy major, has made a significant oil and natural gas discovery in the King Mariout offshore block in Egypt’s northern Mediterranean waters. The find was confirmed by ...
Colorado Supreme Court to decide whether Boulder’s landmark climate-change lawsuit against Suncor, Exxon can proceed
The companies’ attorneys will argue that greenhouse gas emissions released by oil and gas production from within the United ...
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Evalend Shipping named as owner behind $370m LNG bunker vessel orders
Greek shipowner Evalend Shipping is being linked to an order for four LNG bunker newbuildings worth $370m at HD Hyundai Mipo Dockyard in South Korea. HD Korea Shipbuilding & Offshore Engineering (HD ...
3 Reasons Why High-Yield Dividend Stocks ExxonMobil and Chevron Are No-Brainer Buys in February
Chevron spent $11.8 billion in dividends and $15.2 billion on buybacks. On Friday, it raised its dividend by 5% -- marking ...
ExxonMobil Has Built a Juggernaut in the Oil Patch
ExxonMobil is the unrivaled leader of the oil patch. It should continue to lead its peers in the future, fueled by its heavy ...
Chevron, Exxon (NYSE: XOM) Steady as OPEC+ Sticks to Oil Plan Amid Volatile Session for Crude
Shares in Chevron (CVX) and Exxon Mobil (XOM) were little changed on Monday amid a highly volatile session for crude oil ...