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Money Talks News on MSNYour Gas Prices at Risk? Shell Eyes BP Acquisition in Megamerger TalksShell and BP are reportedly in early talks for what could become the largest oil merger in decades. BP shares immediately surged 10% while investors weigh the potential impact on gas prices and energy ...
Persistent Shell-BP merger rumors increase risk for Shell shareholders, contributing to my decision to sell my entire Shell position, despite management denials of any intent to merge the ...
BP PLC has appointed Simon Henry as a non-executive director to its board effective September 1, 2025. During his over 35 years with Shell, Henry held senior finance and management positions ...
BP Plc to reopen office in Libya by 2025, signs agreement with NOC for new exploration opportunities. Shell also involved in development initiatives.
U.S.-listed shares of Shell declined Monday as the energy giant warned about its current-quarter Integrated Gas operations.
Market chatter about a potential Shell-BP merger has intensified, fueled by BP’s weak performance, strategic flip-flops, and investor dissatisfaction.
The situation came to a head on Thursday when Shell, BP’s crosstown rival, was forced to issue a denial to media reports about merger talks between the two companies.
Shell May Still Need M&A After Ruling Out Buying BP The oil giant has denied it’s pursuing an acquisition of its UK rival, but that doesn’t preclude other deals.
Shell denied a takeover but the rumor highlights what investors are starting to see: BP’s deep discount and strategic pivot may be ripe for revaluation.
News that Shell and BP were involved in tie-up talks on Wednesday reignited chatter about the potential for an oil industry megamerger on a scale unseen since the 1990s. But analysts consulted by ...
LONDON (AP) -- British oil giant Shell on Thursday denied media reports that it is in talks to buy rival BP.
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