In the wake of blockbuster energy deals like ExxonMobil’s XOM acquisition of Pioneer Natural Resources and Chevron’s CVX pending merger with Hess, speculation around Europe’s largest oil company Shell ...
Discussions inside Shell have gained momentum in recent weeks, driven largely by BP’s declining market capitalization. BP’s shares have lost nearly 22.4% over the past year due to weak oil prices, ...
If you are worried about the conflict in the Middle East, you can avoid it almost entirely if you buy a company that has no exposure to the region. For example, Devon Energy (DVN 0.27%) is a ...
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Shell weighs BP takeover bid
Shell is reportedly weighting a takeover bid for struggling rival BP in what could lead to one of the biggest deals in the history of the oil and gas industry. The oil major is understood to have ...
Shell Indonesia has reduced the price of its diesel fuel from IDR 24,490 per liter to IDR 21,340 per liter, effective July 1, ...
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 ...
Shell PLC on Thursday dismissed media reports it could be intending to approach smaller rival BP PLC for a potential merger. Shell “has not been actively considering making an offer for BP and ...
Shell is reportedly considering a takeover bid for fellow supermajor BP, which has seen its fortunes dim recently after its rather premature bet on a fast energy transition. The report comes from ...
Morgan Stanley’s glut call plus multiple bank cuts point to a sustained oil downshift; energy equities are already repricing ...
BP’s new CEO Meg O’Neill outlines plans to streamline decisions, rebuild investor trust, and reshape strategy.
Shell (NYSE: SHEL) and BP (NYSE: BP) are two of the world's largest integrated energy companies. They have globally diversified portfolios, and their businesses span the entire energy value chain.
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Shell vs. BP: Better oil stock for the Iran war?
The geopolitical conflict unfolding in the Middle East has disrupted the global energy market. Shell and BP both have exposure to the region. BP is more highly leveraged and has been dealing with ...
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