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A state-backed oil giant from the United Arab Emirates is positioning itself for a swoop on BP’s energy empire.
ADNOC is most interested in BP's LNG and gas fields, rather than taking over the entire company, according to people with ...
Abu Dhabi’s Adnoc is evaluating potential bids for BP’s gas and LNG assets through its XRG unit, amid speculation that the ...
Another hurdle for a full takeover of BP would be funding. Even for cash rich Adnoc — which also has the ability to tap billions of dollars from the debt market — the price tag would still be ...
North Sea heavyweight EnQuest is eyeing a big North Sea expansion move despite warning the windfall tax will damage the industry and trigger ...
A protracted period of underperformance relative to its industry peers has thrust BP into the spotlight as a prime takeover ...
Shell Plc is “probably the one that fits the best” with BP from an asset and regulatory perspective, Trauber said. Bloomberg reported last month that the company has discussed the merits of a takeover ...
Lydia Rainforth, head of European energy, equity research at Barclays, discusses takeover speculation over a BP takeover and the valuation gap between European and U.S. oil majors. Democrats ...
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