News

Shell says it is not considering buying BP, UK rules ban bid for 6 months
Shell has not bid for BP and is not actively considering such a move, it said in a categorical denial on Thursday, adding it ...
Devil’s in the details: Why BP’s debt may deter buyers
BP Plc has been the subject of takeover talks for several years due to its shares' relative underperformance, but analysis of ...
Shell denies it’s in talks to buy rival BP in potential blockbuster oil deal
Shell denied that it was in talks to buy BP after the Wall Street Journal reported Wednesday that the oil major was in early ...
Shell prioritises share repurchases over BP takeover rumours
Shell issued a definitive denial on Thursday, stating it has not, and is not actively considering, a bid for BP. The company ...
BP and others pulling staff from Iraq oilfields, output steady
BP , Eni and TotalEnergies have begun evacuating foreign personnel from Iraqi oilfields where they operate, state-run Basra ...
BP Shell merger: Is the biggest merger ever in oil and gas industry happening? Check market cap, debt, valuation
BP was valued at nearly $80 billion on Wednesday with net debt of $27 billion while Shell's market capitalisation stood at ...