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Shell has denied it is in talks with BP over a possible takeover of its smaller rival. The Wall Street Journal, citing a number of sources, reported on Wednesday evening that discussions between ...
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 ...
By declaring that it has no intention to bid for BP, Shell said that it is bound by the relevant UK regulations on takeovers. According to the applicable Rule 2.8 of the UK's City Code on ...
British oil and gas giant Shell Plc has quashed a rumor: It’s not buying BP Plc. But last week’s forceful denial doesn’t address why the M&A chatter gained so much traction, which has less ...
Interestingly, BP chose not to invest in Kuwait, claiming it already had too much oil under its control. Shell, however, has stated it has no intention of making a takeover offer for BP and has denied ...
SHELL denied that it was in talks to buy BP after the Wall Street Journal (WSJ) reported on Wednesday that the oil major was in early discussions over a takeover of its British rival. “No talks are ...
Shell's latest denial about BP mega merger talks leaves door open for a future move By JESSICA CLARK Updated: 17:01 EDT, 26 June 2025 ...
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 ...
Shell, with a stock market value of £150 billion, has accelerated away from BP in recent years. With a valuation of less than half that, BP would be easy pickings for most of the big oil firms.
The Republican shell game on tax cuts Expiring tax cuts are yesterday’s news for deficit scorekeepers, but an exciting new policy in campaign pitches.
Energy major Shell and its partners have started up two subsea compression stations at Norway's Ormen Lange gas field to help boost recovery of gas reserves, which are exported to European markets ...
For now, any takeover of BP by Shell will be a 2026 story, and is unlikely to happen in 2025. Interestingly, BP’s share price is higher on Thursday, while Shell’s share price is slightly lower.
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