BP Plc to reopen office in Libya by 2025, signs agreement with NOC for new exploration opportunities. Shell also involved in ...

Shell rebuffed a Wall Street Journal report that said the oil giant was in early talks to take over rival company BP. “This is further market speculation. No talks are taking place,” the ...

Shell refuted the takeover rumors, yet the speculation emphasizes what investors are beginning to recognize: BP’s significant discount and strategic shift might be due for reevaluation. With ...

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.

BP's stock price jumped as much as 10% after the Wall Street Journal reported that rival Shell is in early talks to acquire the British oil company.. Shares of BP jumped $3.11, or 10%, to $32.94 ...

Shell said “no talks are taking place” for a potential megamerger with rival BP that would cost more than $80 billion and represent the biggest energy deal of the century. Shell and BP (ranked ...

BP Plc rose on May 5 after Bloomberg reported that Shell Plc is working with advisers to evaluate a potential acquisition of its U.K. rival. BP’s American depositary receipts climbed 1.9% to $28 ...

Shell-BP would be a seriously big beast. At around 5.4 million of daily barrels of oil equivalent output, it would create a European giant that dwarfs even U.S. peer Exxon Mobil , opens new tab ...

Shell (NYSE:SHEL) is exploring the possibility of acquiring rival energy giant BP (NYSE:BP), though it hasn’t made a move and is waiting to see whether continued declines in oil prices and BP ...

Shell and BP each employ nearly 100,000 people, although they are both currently downsizing, while leaner Exxon Mobil, for instance, has about 60,000 employees.

Shell currently has a market value that is twice as high as BP’s, at close to $200 billion versus BP’s $74 billion. By Irina Slav for Oilprice.com More Top Reads From Oilprice.com ...

A report suggesting multinational oil company Shell is in early talks to acquire fellow gas giant BP sent shockwaves through Houston's energy industry Tuesday—but Shell is firmly denying any ...