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 ...
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 ...
Shell said on Thursday it hasn’t actively considered an offer for BP and has no intention of making such a bid, after a media report earlier this week rekindled speculation about a giant energy tie-up ...
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 ...
[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.
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 ...
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, ...
Shell Plc's oil and gas trading operation rebounds in Q3, with higher performance and biofuels plant write-downs.
Indonesia's private fuel retailers are facing gasoline shortages due to a jump in demand as consumers shift away from ...
Supermarkets are now cheaper than petrol stations to fill up your petrol and diesel cars from, according to retail experts and motoring groups.