News

BP p.l.c. generated fairly stable results in oil production in the first quarter and continued to spend a lot of money on ...
BP’s declining market value and strategic instability have fueled speculation of a takeover by Shell or ExxonMobil, with ...
Lydia Rainforth, head of European energy, equity research at Barclays, discusses takeover speculation over a BP takeover and the valuation gap between European and U.S. oil majors.
Shares in BP climbed yesterday on fresh speculation that rival Shell is weighing up a takeover offer. Shell has reportedly called in advisers to look at a potential bid, but it is waiting for BP ...
Shell declined to comment on the speculation. Spokespersons for BP, Exxon and Chevron did not respond to a request for comment when contacted by CNBC. "Certainly, BP is a potential takeover target ...
Chevron, Exxon Mobil and TotalEnergies are among other big oil companies that could be considering a deal for BP, a report ...
"The continued underperformance of BP makes it open to a takeover." Any takeover of BP would be complex and including a number of competition and political hurdles. BP also has significant debt of ...
BP’s weak first-quarter results and stock underperformance over the past year rekindled speculation that the UK-based supermajor could be a target of a blockbuster acquisition. As it has been ...
With speculation swirling that oil giant Shell might be interested in a takeover of rival BP, analysts say such a marriage may be the latter’s best hopes of putting years of lackluster ...