Meg O'Neill's appointment as chief executive of BP, the first woman to run an oil major, might clear the way for fresh merger ...
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BP CEO shake-up reopens talk of a Shell megadeal
Timing adds fuel to the rumors, as Shell's six-month restriction on bidding for BP expires on December 26, reopening the door ...
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, ...
BP endured a difficult start to the year when it was forced to ditch its plan to reinvent itself as a green energy business and pivot back to oil and gas. Chief executive Murray Auchincloss has also ...
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 ...
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) moved swiftly to quash a Wall Street Journal report suggesting early-stage takeover talks with rival BP (BP), insisting that “no talks are taking place” and denouncing the article as mere ...
Shell chief executive Wael Sawan and his finance chief quashed an internal proposal to buy rival BP this year, after which the company’s head of mergers and acquisitions left the business, the ...
How the energy giants tried to transform their businesses — but ended up dramatically scaling back those plans and writing ...
Shell said it’s not trying to buy its British rival, but changing conditions at BP keep fueling speculation that a tie-up is possible. Talk of a possible megadeal rippled through the oil industry ...
Shell denied a takeover but the rumor highlights what investors are starting to see: BP’s deep discount and strategic pivot may be ripe for revaluation. Trading near $30 per share and up just 3% ...
CEO Wael Sawan and other top executives blocked an internal proposal to buy BP (BP) this year, after which the company's M&A head Greg Gut left the company, the Financial Times reported Tuesday.
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