Meanwhile, activist investor Elliott Management is pushing for more aggressive goals to get the company back on its feet.

Patrick Pouyanné, the dealmaking boss of France’s TotalEnergies, may relish a swoop for a proud British oil company, and ...

BP (NYSE:BP) +3.1% pre-market Friday following a Financial Times report that several rival oil producers have "run the ...

Abu Dhabi investment firm IHC has partnered with BlackRock to launch a $1billion reinsurance platform based out of Abu Dhabi ...

While ExxonMobil and Chevron are also contenders for a bp takeover, they are “entangled in their own high-stakes takeover ...

Even by Abu Dhabi’s standards, the recent rush of investment bankers is unprecedented. Wall Street giants from Goldman Sachs ...

Proceeds, including monetisations, grew 10 per cent from a year earlier to 109 billion dirhams in 2024, Mubadala said in its ...

Stock markets in United Arab Emirates closed slightly lower on Friday, as investors awaited the outcome of U.S.-China trade ...

Key Player in Russian Oil Trading Hit by U.K. Sanctions The U.K. sanctioned a vital figure in Russia's oil trade, stepping up economic pressure on Moscow to strengthen Ukraine's hand in peace ...

BP (NYSE:BP) shares moved slightly higher on Friday following a Financial Times (FT) report that several major energy companies have evaluated a potential takeover of the U.K.-listed group.

Scott Bessent was a man on a mission. At one of global finance’s biggest jamborees in Beverly Hills, he told rainmakers that behind the White House’s tariff blitz was a well-thought- out plan.

Yesterday the U.S. Treasury Department announced the beginning of what could become a fast track for foreign investment into ...