Shell (NYSE:SHEL) is exploring the possibility of acquiring rival energy giant BP (NYSE:BP), though it hasn’t made a move and is waiting to see whether continued declines in oil prices and BP’s share ...
LONDON, June 3 (Reuters Breakingviews) - Wael Sawan must feel like it’s Groundhog Day. In recent weeks Shell’s (SHEL.L), opens new tab chief executive has been fielding one question over and over ...
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 ExxonMobil ...
The energy giant has been weakened by years of mishaps and poor decisions, leading to rumors of a takeover that may not subside. By Stanley Reed Reporting from London For months, speculation has been ...
Shell's rumored interest in acquiring BP made sense due to BP's underperformance and Shell's stronger financials and strategy. BP's aggressive green energy pivot weakened its core business, while ...
BP will evaluate hydrocarbon prospects in Messla and Sarir as it reopens Tripoli office by late 2025. Shell will conduct feasibility studies on Libyan oil fields fully owned by the National Oil ...
Shell (SHEL) moved swiftly to quash a Wall Street Journal report suggesting early-stage takeover talks with rival BP (BP), insisting that “no talks are taking place” and denouncing the article as mere ...
TRIPOLI, July 8 (Reuters) - Oil Majors BP (BP.L), opens new tab and Shell (SHEL.L), opens new tab have made agreements with Libya's National Oil Corp (NOC) to conduct studies for hydrocarbon ...
In the wake of blockbuster energy deals like ExxonMobil’s XOM acquisition of Pioneer Natural Resources and Chevron’s CVX pending merger with Hess, speculation around Europe’s largest oil company Shell ...
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