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BP will exit its planned green hydrogen production facility in Australia as the British energy major pivots back to oil and ...
BP, Once a Hunter in the Oil Industry, Is Now Prey. What Went Wrong? The energy giant has been weakened by years of mishaps and poor decisions, leading to rumors of a takeover that may not subside.
Would Shell and BP creating a £200bn oil behemoth be a good idea for anyone at all? Analysis: FTSE 100 pair have negated talk of a takeover and that looks the right call, writes Karl Matchett ...
Shell's rumored interest in acquiring BP made sense due to BP's underperformance and SHEL's stronger financials and strategy. Read the full analysis here.
LONDON — British oil giant Shell on Thursday denied media reports that it is in talks to buy rival BP. The Wall Street Journal on Wednesday said Shell was holding “early stage talks,″ to ...
With BP valued at $80 billion and Shell at over $200 billion, the combination would create a supermajor oil giant, enhancing Shell’s scale to rival Exxon and Chevron (CVX).
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.
BP's stock price rose while Shell shares slid on news that the companies are in early talks over a potential merger.
BP shares jumped more than 10% to a session high of $32.94 on a report in The Wall Street Journal that Shell was in early-stage talks to acquire BP.
Shell rebuffed a Wall Street Journal report that said the oil giant was in early talks to take over its rival company BP.
BP’s stock rallied on Wednesday, and shares of Shell fell, after the Wall Street Journal reported the two companies were holding merger talks.
Shell has denied a report in the Wall Street Journal saying it was in early talks to acquire BP, a long whispered move that could boost Shell’s ability to compete with Exxon Mobil and Chevron at ...
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