BP for several years has been the subject of takeover speculation due to the relative underperformance of its shares. Tony Beebe, an independent energy sector M&A advisor, posted on LinkedIn that BP ...

The energy giant has been weakened by years of mishaps and poor decisions, leading to rumors of a takeover that may not ...

Trio of trade deals ‘restored identity’ of UK, PM says as trade plan unveiled Prime Minister Sir Keir Starmer has said the trio of recent UK trade deals ...

Shell’s robust rejection of these reports appears to have, for now, thrown cold water on a potential takeover bid for BP.

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 ...

Takeover speculation brought excitement to the otherwise boring world of oil this week, briefly pushing the BP share price up.

LONDON (AP) -- British oil giant Shell on Thursday denied media reports that it is in talks to buy rival BP. The Wall Street ...

Shell has doubled down, denying rumors it is in early talks to buy rival U.K. energy giant BP, but it's not the first time the company has been the subject of takeover speculation.

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 ...

On Wednesday, BP shares jumped by nearly 7% before paring the bulk of those gains after The Wall Street Journal reported that Shell is in early-stage discussions to acquire its British rival.

Shell, led by boss Wael Sawan (pictured), doubled down on its denial of takeover talks after a Wall Street Journal report fuelled speculation of a merger.