Meg O'Neill's appointment as chief executive of BP, the first woman to run an oil major, might clear the way for fresh merger talks with Shell ...
Discussions inside Shell have gained momentum in recent weeks, driven largely by BP’s declining market capitalization. BP’s shares have lost nearly 22.4% over the past year due to weak oil prices, ...
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, ...
BP endured a difficult start to the year when it was forced to ditch its plan to reinvent itself as a green energy business and pivot back to oil and gas. Chief executive Murray Auchincloss has also ...
Shell (NYSE:SHEL) has moved quickly to shut down speculation about a takeover bid for BP (LSE:BP,NYSE:BP), issuing a formal statement under the UK Takeover Code. According to the company, no talks ...
Shell (NYSE:SHEL) +2.5% pre-market Thursday after issuing a statement that it has not engaged in talks with rival BP (NYSE:BP) and is not planning a takeover offer, in a firm denial of the previous ...
How the energy giants tried to transform their businesses — but ended up dramatically scaling back those plans and writing ...
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 ...
BP shares were whipsawed Wednesday as investors reacted to reports that the oil major might be acquired. BP shares jumped more than 10% to a session high of $32.94 on a report in The Wall Street ...
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 ...