Shell has formally denied any intention to bid for BP, dismissing recent media speculation about a potential merger between the two UK-based energy giants.

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.

Shell has not bid for BP and is not actively considering such a move, it said in a categorical denial on Thursday, adding it was bound by UK rules which mean such a statement bans it from bidding ...

Shell rebuffed a Wall Street Journal report that said the oil giant was in early talks to take over its rival company BP.

Shell denies report of BP takeover talks A tie-up has long been the subject of speculation, but Shell insists its focus is on delivering shareholder value through its own operational performance.

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 ...

Shell said on Wednesday that "no talks are taking place" after a Wall Street Journal article cited unnamed sources saying Shell was in early discussions to take over rival BP .

(Reuters) -Shell denied that it was in talks to buy BP after the Wall Street Journal reported on Wednesday that the oil major was in early discussions over a takeover of its British rival. "No ...

Report: Shell weighs early talks to acquire BP in landmark oil deal A report in the Wall Street Journal said the two oil giants with US headquarters in Houston are in talks to merge.

Mega oil and gas company Shell has rejected rumors that it may purchase struggling rival BP, hours after speculation around the mega-merger increased BP’s stock. Early reports on Wednesday saw ...

Shell Plc said it has no intention of making a takeover offer for BP Plc, refuting an earlier report that two of Europe’s biggest companies were in active merger talks.

The Wall Street Journal reported yesterday that Shell (SHEL) was in early-stage talks to acquire BP (BP), a deal that could be the largest oil merger in a generation, potentially surpassing ...