British Oil and Gas giant Shell Plc. (NYSE:SHEL) needs an exploration breakthrough or a big merger after its oil reserves ...
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 ...
(RTTNews) - Shell said it is not holding any talks about a possible merger with its rival BP. The deal, if it happened, could cost over $80 billion and be the biggest energy merger in decades, ...
Shares of Shell PLC (NYSE:SHEL) are trading lower while BP PLC (NYSE:BP) shares are surging Wednesday afternoon following a Wall Street Journal report that the two British energy giants are in ...
Shell has denied a report in the Wall Street Journal saying it was in early talks to acquire BP, a long whispered move that could boost Shell’s ability to compete with Exxon Mobil and Chevron at a ...
Much like the automobile industry, the oil industry has a long history of consolidation, with smaller companies gradually ...