BP’s buyback cut is short-term pain that could be Shell’s gain

BP’s decision to scrap buybacks may be painful in the short run, but by prioritising production growth over shareholder payouts it can begin to repair its shaky financial footing.

BP, Shell seeking US licenses for shared Venezuela-Trinidad gas fields

BP (BP) and Shell (SHEL) are seeking U.S. licenses to develop natural gas fields that Trinidad and Tobago shares with Venezuela, Trinidad energy minister Roodal Moonilal said Wednesday, according to Reuters.
OilPrice.com

Shell and BP Seek U.S. Licenses for Shared Venezuela-Trinidad Gas Fields

Shell and BP are seeking new U.S. licenses to develop major cross-border gas fields shared by Trinidad and Tobago and Venezuela, as shifting U.S. policy reopens the door to foreign investment in Venezuelan energy resources.
Money Morning

Shell and BP: Could a Blockbuster Oil Deal Reshape the Industry Despite the Denial?

The Wall Street Journal reported yesterday that Shell (SHEL) was in early-stage talks to acquire BP (BP), a deal that could be the largest oil merger in a generation, potentially surpassing ExxonMobil’s (XOM) $83 billion formation. With BP valued at $ ...
Seeking Alpha

Shell And BP: Is This The Energy Sector's Big Breakout Or Just More Noise?

Shell plc is a textbook Hold: fair valuation, solid buybacks, and a decent dividend, but no major upside or hidden value from BP p.l.c. merger rumors. Both Shell and BP are prioritizing cash flow, debt reduction, and buybacks over bold growth; the sector ...

BP, Shell seeking US licenses for gas fields shared with Venezuela, Trinidad minister says

By Nidhi Verma and Anjana Anil Jan 28 (Reuters) - Shell and BP are seeking U.S. licenses to extract natural gas from fields in Trinidad and Tobago and Venezuela, the Caribbean country's energy minister Roodal Moonilal said on Wednesday.