BP's (NYSE:BP) cheaper valuation means it is vulnerable to takeover approaches from across the oil and gas sector, not necessarily just from Shell (SHEL), according to AJ Bell investment director Russ ...
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 ...
Timing adds fuel to the rumors, as Shell’s six-month restriction on bidding for BP expires on December 26, reopening the door ...
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 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 PLC on Thursday dismissed media reports it could be intending to approach smaller rival BP PLC for a potential merger. Shell “has not been actively considering making an offer for BP and ...
[Stay on top of transportation news: Get TTNews in your inbox.] BP Plc rose on May 5 after Bloomberg reported that Shell Plc is working with advisers to evaluate a potential acquisition of its U.K.
For weeks, market tongues have been wagging about a potential merger between Britain's oil giants — until, ending weeks of speculation, Shell on Thursday denied reports that it's in talks to acquire ...
Drivers can get up to 50% off petrol and diesel at BP, Shell, Esso, Asda and Sainsbury's pumps ahead of Christmas ...