Reports have emerged that the world's largest energy corporation, Shell, is in early negotiations to acquire competitor BP. The Shell logo is painted on an oil tank exterior in Cologne, Germany. / EPA ...
One of the world’s biggest oil companies seems to have sprung a leak – no, not in one of its tankers, in its deal room. But the information that seeped out has been called into question. On Wednesday, ...
Shell said on Thursday it hasn’t actively considered an offer for BP and has no intention of making such a bid, after a media report earlier this week rekindled speculation about a giant energy tie-up ...
LONDON, June 26 (Reuters Breakingviews) - Wael Sawan can take a breather on BP (BP.L), opens new tab, at least for a bit. The boss of $207 billion UK oil major Shell (SHEL.L), opens new tab on ...
In response to recent media speculation Shell wishes to clarify that it has not been actively considering making an offer for BP and confirms it has not made an approach to, and no talks have taken ...
Shell is holding early stage talks to acquire rival BP in what would be the largest oil deal in a generation, people familiar with the matter said. Talks between company representatives are active, ...
BP shares jump 7% after report of potential Shell acquisition talks- BP shares rose sharply on Wednesday after a report suggested the British oil giant is in early-stage discussions to be acquired by ...
Shell's rumored interest in acquiring BP made sense due to BP's underperformance and Shell's stronger financials and strategy. BP's aggressive green energy pivot weakened its core business, while ...
BP was valued at nearly US$80 billion in market cap with net debt of US$27 billion, while Shell’s market capitalisation stood at over US$208 billion. Shell denied that it was in talks to buy BP after ...
This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. Investors can expect a revival of speculation about a merger of global oil giants BP and ...