BP remains a target despite dramatically hiring its first outsider as chief executive in its history as it seeks to fend off potential suitors and drop its ill-fated push on Net Zero.

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 ...

Shell (SHEL.L) has not bid for BP (BP.L) 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 ...

LONDON (Reuters) -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 ...

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 doubled down on its denial of acquiring rival BP, claiming it has “no intention” of making an offer while invoking a U.K. law that forbids Shell from bidding on BP during the next six months ...

In the latest edition of the Numbers Report, we will take a look at some of the most interesting figures put out this week in the energy and metals sectors. Each week we’ll dig into some data and ...

UK supermajor Shell has denied latest media reports it is actively circling compatriot BP and could be poised to make a takeover bid. The Wall Street Journal on Wednesday reported that Shell is in ...

(Alliance News) - Shell PLC's head of mergers & acquisitions team has left the company after clashing with Chief Executive Wael Sawan over a proposed takeover of rival oil major BP PLC, the Financial ...

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, ...