Shell refuted the takeover rumors, yet the speculation emphasizes what investors are beginning to recognize: BP’s significant discount and strategic shift might be due for reevaluation. With shares ...
BP's stock price jumped as much as 10% after the Wall Street Journal reported that rival Shell is in early talks to acquire the British oil company. Shares of BP jumped $3.11, or 10%, to $32.94 in ...
Meg O’Neill’s appointment as BP CEO marks a historic first for Big Oil, making her the first woman to lead a supermajor when she takes over in April 2026. Her arrival has reignited speculation of a BP ...
BP will evaluate hydrocarbon prospects in Messla and Sarir as it reopens Tripoli office by late 2025. Shell will conduct feasibility studies on Libyan oil fields fully owned by the National Oil ...
Shell denied that it was in talks to buy BP after the Wall Street Journal reported Wednesday that the oil major was in early discussions over a takeover of its British rival. “No talks are taking ...
Shell doubled down on its denial of acquiring rival BP, claiming it has “no intention” of making an offer while invoking a U.K. law that forbids Shell from bidding on BP during the next six months ...
Shell plc (NYSE:SHEL) has issued a statement addressing recent media speculation about a potential deal to acquire BP plc (NYSE:BP). “Shell wishes to clarify that it has not been actively considering ...
LONDON (Reuters) -Shell has not bid for BP and is not actively considering such a move, it said in a categorical denial on Thursday, adding it was bound by UK rules which mean such a statement bans it ...
Shell Plc is working with advisers to evaluate a potential acquisition of BP Plc, though it’s waiting for further stock and oil price declines before deciding whether to pursue a bid, according to ...
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, ...