BP remains a target despite dramatically hiring its first outsider as chief executive in its history as it seeks to fend off potential suitors and drop its ill-fated push on Net Zero.

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 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's rumored interest in acquiring BP made sense due to BP's underperformance and Shell's stronger financials and strategy. BP's aggressive green energy pivot weakened its core business, while ...

The Wall Street Journal reported yesterday that Shell (SHEL) was in early-stage talks to acquire BP (BP), a deal that could be the largest oil merger in a generation, potentially surpassing ExxonMobil ...

The energy sector is in turmoil as oil prices continue their slide. Brent crude oil is at $61 a barrel, down 6% from last month and almost 27% below last year's price of $83 a barrel. While oil stocks ...

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 ...

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 ...

BP's stock price jumped as much as 10% after the Wall Street Journal reported that rival Shell is in early talks to acquire the British oil company. Shares of BP jumped $3.11, or 10%, to $32.94 in ...

LONDON (AP) — British oil giant Shell on Thursday denied media reports that it is in talks to buy rival BP. The Wall Street Journal on Wednesday said Shell was holding “early stage talks,″ to acquire ...

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 ...