The last year in which the BP share price did better than that of its closest rival was 2022. But James Beard remains ...
Meg O'Neill's appointment as chief executive of BP, the first woman to run an oil major, might clear the way for fresh merger talks with Shell ...
BP's (NYSE:BP) cheaper valuation means it is vulnerable to takeover approaches from across the oil and gas sector, not necessarily just from Shell (SHEL), according to AJ Bell investment director Russ ...
How the energy giants tried to transform their businesses — but ended up dramatically scaling back those plans and writing ...
BP remains a target despite dramatically hiring its first outsider as chief executive in its history as it seeks to fend off potential suitors and drop its ill-fated push on Net Zero.
BP endured a difficult start to the year when it was forced to ditch its plan to reinvent itself as a green energy business and pivot back to oil and gas. Chief executive Murray Auchincloss has also ...
Discussions inside Shell have gained momentum in recent weeks, driven largely by BP’s declining market capitalization. BP’s shares have lost nearly 22.4% over the past year due to weak oil prices, ...
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 months ...
Shell plc is a textbook Hold: fair valuation, solid buybacks, and a decent dividend, but no major upside or hidden value from BP p.l.c. merger rumors. Both Shell and BP are prioritizing cash flow, ...
Shell (NYSE:SHEL) has moved quickly to shut down speculation about a takeover bid for BP (LSE:BP,NYSE:BP), issuing a formal statement under the UK Takeover Code. According to the company, no talks ...
Shell (NYSE:SHEL) +2.5% pre-market Thursday after issuing a statement that it has not engaged in talks with rival BP (NYSE:BP) and is not planning a takeover offer, in a firm denial of the previous ...
[Stay on top of transportation news: Get TTNews in your inbox.] Shell Plc denied a Wall Street Journal report that it is in active talks about acquiring its London-based oil rival BP Plc. “This is ...