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 ...
British oil giant Shell on Thursday said it has "no intention" of making an offer for its embattled domestic rival BP , further distancing itself from reports of a blockbuster takeover . It comes ...
Eni Chief Executive Claudio Descalzi told the Financial Times on Wednesday that the company stopped trading activities in 2019, while other major energy companies have continued to generate ...
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 ...
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Shell-BP potential takeover: 149 billion pound-British oil major studying merits of acquiring rival firm
Shell-BP potential takeover: British oil and gas giant Shell Plc is reportedly gearing up for a potential acquisition. The London headquartered company is working with its advisers to acquire rival ...
BP shares were whipsawed Wednesday as investors reacted to reports that the oil major might be acquired. BP shares jumped more than 10% to a session high of $32.94 on a report in The Wall Street ...
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. “No talks are taking ...
Italian energy major Eni ?is weighing re-entering oil ?and ?gas trading ?as it seeks the outsized returns enjoyed by BP, Shell and ...
Meg O’Neill’s appointment as BP CEO marks a historic first for Big Oil, making her the first woman to lead a supermajor when she takes over in April 2026. Her arrival has reignited speculation of a BP ...
Shell's potential merger with BP would dilute Shell's stronger segments, especially LNG, and add BP's weaker financials and higher debt burden. SHEL's superior LNG business and stable upstream ...
The oil company may opt to focus on share buybacks and bolt-on acquisitions, according to people familiar with the matter. Deliberations are in the early stages and Shell may opt to focus on share ...
Shell's potential acquisition of BP could offer substantial synergies and shareholder returns, though it's not confirmed yet. Shell's strong financials include $4.8 billion in quarterly income, ...
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