There were also bright spots in the statement, which comes ahead of official second-quarter earnings on Aug. 5.

BP has said lower oil and gas prices will weigh on its earnings in the second quarter, even as the energy major flagged an ...

Shell has denied it. No plans to buy BP. No talks. Nothing to see. Still, when your biggest domestic rival has to publicly ...

Market chatter about a potential Shell-BP merger has intensified, fueled by BP’s weak performance, strategic flip-flops, and ...

The striking part of the statement is that it was made under what is known as 2.8 of the UK City Code on takeover and mergers ...

The announcement means that Shell will not be able to make a formal takeover approach for BP for six months, under City rules ...

Driving Angolan Hydrocarbon Production: bp Chief Executive Officer (CEO) Murray Auchincloss Joins Angola Oil & Gas (AOG) 2025 ...

City investment bankers have been floating the idea of a Shell-BP deal to create a London-based European oil champion on the ...

BP’s failed four-year transition experiment has destroyed market credibility and value, says analyst. Read more at straitstimes.com. Read more at straitstimes.com.

LONDON] Shell said it has no intention of making a takeover offer for BP, refuting an earlier report that two of Europe’s biggest companies were in active merger talks. Read more at The Business Times ...

LONDON] Shell denied The Wall Street Journal report that it is in active talks about acquiring its London-based oil rival BP. Read more at The Business Times.

A deal between the two has long been rumoured though it is thought that British shareholders would be unhappy about the prospect.