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 ...
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 ...
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BP CEO Shake-Up Reopens Talk of a Shell Megadeal
Timing adds fuel to the rumors, as Shell’s six-month restriction on bidding for BP expires on December 26, reopening the door ...
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 3 (Reuters Breakingviews) - Wael Sawan must feel like it’s Groundhog Day. In recent weeks Shell’s (SHEL.L), opens new tab chief executive has been fielding one question over and over ...
The oil/energy industry is witnessing a wave of consolidation as energy giants seek to strengthen their market position amid changing dynamics. The latest speculation about a possible merger between ...
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 rebuffed a Wall Street Journal report that said the oil giant was in early talks to take over rival company BP. “This is further market speculation. No talks are taking place,” the company said ...
Shares of Shell PLC (NYSE:SHEL) are trading lower while BP PLC (NYSE:BP) shares are surging Wednesday afternoon following a Wall Street Journal report that the two British energy giants are in ...
Shell is considering a potential takeover or merger with BP, which would create synergies and strengthen its position against U.S. supermajors like Exxon Mobil and Chevron. Shell's CEO has talked ...
The energy giant has been weakened by years of mishaps and poor decisions, leading to rumors of a takeover that may not subside. By Stanley Reed Reporting from London For months, speculation has been ...
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, ...
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