Shell has formally denied any intention to bid for BP, dismissing recent media speculation about a potential merger between the two UK-based energy giants.

Shell rebuffed a Wall Street Journal report that said the oil giant was in early talks to take over its rival company BP.

Shell refuted the takeover rumors, yet the speculation emphasizes what investors are beginning to recognize: BP’s significant discount and strategic ...

Shell denied that it was in talks to buy BP after the Wall Street Journal reported Wednesday that the oil major was in early discussions over a takeover of its British rival.

Shell denies report of BP takeover talks A tie-up has long been the subject of speculation, but Shell insists its focus is on delivering shareholder value through its own operational performance.

Report: Shell weighs early talks to acquire BP in landmark oil deal A report in the Wall Street Journal said the two oil giants with US headquarters in Houston are in talks to merge.

BP's stock price rose while Shell shares slid on news that the companies are in early talks over a potential merger.

Shell Plc said it has no intention of making a takeover offer for BP Plc, refuting an earlier report that two of Europe’s biggest companies were in active merger talks.

(Reuters) -Shell denied that it was in talks to buy BP after the Wall Street Journal reported on Wednesday that the oil major was in early discussions over a takeover of its British rival.

Shell denies reported talks to acquire BP in potential mega oil merger By Rachel Nostrant, Staff writer Updated June 25, 2025 1:59 p.m.

Shell said on Wednesday that "no talks are taking place" after a Wall Street Journal article cited unnamed sources saying Shell was in early discussions to take over rival BP .

Shell has not bid for BP 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 it from bidding ...