BP's (NYSE:BP) cheaper valuation means it is vulnerable to takeover approaches from across the oil and gas sector, not necessarily just from Shell (SHEL), according to AJ Bell investment director Russ ...

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 shares ...

Shell issued a definitive denial on Thursday, stating it has not, and is not actively considering, a bid for BP. The company further noted it is now subject to UK regulations that prohibit it from ...

BP shares jumped after The Wall Street Journal reported that Shell is in talks to acquire the British oil major. Shell, however, denied that talks are taking place. "This is further market speculation ...

Shell PLC on Thursday dismissed media reports it could be intending to approach smaller rival BP PLC for a potential merger. Shell “has not been actively considering making an offer for BP and ...

British oil giant Shell on Thursday said it has "no intention" of making an offer for its embattled domestic rival BP , further distancing itself from reports of a blockbuster takeover . It comes ...

[Stay on top of transportation news: Get TTNews in your inbox.] 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.

Meg O’Neill’s appointment as BP CEO marks a historic first for Big Oil, making her the first woman to lead a supermajor when she takes over in April 2026. Her arrival has reignited speculation of a BP ...

BP shares were whipsawed Wednesday as investors reacted to reports that the oil major might be acquired. BP shares jumped more than 10% to a session high of $32.94 on a report in The Wall Street ...