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BP vulnerable to Shell approach but core strategic rationale for deal unclear, analyst says

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 ...
Nasdaq

Shell (SHEL) Denies BP (BP) Takeover Talks Amid High-Stakes Oil M&A Buzz

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 ...
Forbes

BP Merger With Shell Edges Closer With O’Neill’s Appointment

This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. Investors can expect a revival of speculation about a merger of global oil giants BP and ...
Benzinga.com

California Sues Exxon, Shell And BP Over 'Shameful' Deception: 'Sickens You To Your Core'

California has initiated legal action against several major oil companies, including Exxon Mobil Corporation (NYSE:XOM), Shell PLC (NYSE:SHEL), BP P.L.C. (NYSE:BP), ConocoPhillips (NYSE:COP), Chevron ...
The New York Times

BP, Once a Hunter in the Oil Industry, Is Now Prey. What Went Wrong?

The energy giant has been weakened by years of mishaps and poor decisions, leading to rumors of a takeover that may not subside. By Stanley Reed Reporting from London For months, speculation has been ...
Crude Oil Prices

Why BP Became Target of Biggest Potential Oil Deal in Decades

Market chatter about a potential Shell-BP merger has intensified, fueled by BP’s weak performance, strategic flip-flops, and investor dissatisfaction. Shell formally ruled out a bid for BP in the ...