BHP in talks to sell petroleum business to Australia’s Woodside

BHP Group Ltd BHP.AX is in talks to sell its petroleum business to Australia’s top independent gas producer Woodside Petroleum Ltd WPL.AX in exchange for shares, the companies confirmed

Shell raises its dividend as profits surge

Royal Dutch Shell’s profits leapt to $3.23 billion in the first three months of the year and the energy company raised its dividend as planned but warned that the outlook remained uncertain due to the coronavirus pandemic

BP poised to sell assets even if oil prices rally

BP is preparing to sell a large chunk of its oil and gas assets even if crude prices bounce back from the COVID-19 crash because it wants to invest more in renewable energy