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 ...
Shell chief executive Wael Sawan and his finance chief quashed an internal proposal to buy rival BP this year, after which the company’s head of mergers and acquisitions left the business, the ...
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, ...
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 ...
The surprise appointment of Meg O'Neill as BP's first outsider CEO offers the bruised $90 billion British oil company three ...
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, ...
How the energy giants tried to transform their businesses — but ended up dramatically scaling back those plans and writing ...
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 ...
BP shares jump 7% after report of potential Shell acquisition talks- BP shares rose sharply on Wednesday after a report suggested the British oil giant is in early-stage discussions to be acquired by ...
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