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Shell has doubled down on denials that it is in talks over a spectacular takeover of fellow oil and gas giant BP, which would create an offshore wind superpower despite the two supermajors both ...
Market chatter about a potential Shell-BP merger has intensified, fueled by BP’s weak performance, strategic flip-flops, and ...
The energy giant has been weakened by years of mishaps and poor decisions, leading to rumors of a takeover that may not ...
Analysis: FTSE 100 pair have negated talk of a takeover and that looks the right call, writes Karl Matchett - at least for ...
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.
Takeover speculation brought excitement to the otherwise boring world of oil this week, briefly pushing the BP share price up.
A quarter of a century later and all the speculation centres on a Shell merger with BP to create a genuine great British energy champion – not the fake Great British Energy of Ed Miliband.
Shell (SHEL.L) has not bid for BP (BP.L) 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 ...
Shell denied a takeover but the rumor highlights what investors are starting to see: BP’s deep discount and strategic pivot may be ripe for revaluation.
Shell emphasized that it was issuing a Rule 2.8 statement, which is binding under UK regulations. "Shell confirms it has no intention of making an offer for BP," the company reiterated. The ...
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 ...
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