BP and Shell to make £5bn from oil crisis

Shell and BP are set to earn an extra £5bn in profit this year as conflict in the Gulf sends the price of oil surging. While ...
Forbes

Shell Won’t Buy BP, Should You?

Shell refuted the takeover rumors, yet the speculation emphasizes what investors are beginning to recognize: BP’s significant discount and strategic shift might be due for reevaluation. With shares ...
NBC New York

BP shares rise on takeover speculation; Shell denies

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 ...
Money Morning

Shell and BP: Could a Blockbuster Oil Deal Reshape the Industry Despite the Denial?

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 ...
Rigzone

Shell Says No Plan to Make Offer for BP

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 ...
Transport Topics

Shell Studies Acquisition of BP, Reports Say

[Stay on top of transportation news: Get TTNews in your inbox.] BP Plc rose on May 5 after Bloomberg reported that Shell Plc is working with advisers to evaluate a potential acquisition of its U.K.
CNBC

BP shares rise on takeover speculation; Shell denies

BP shares jumped after The Wall Street Journal reported that Shell is in talks to acquire the British oil major. Shell, however, denied that talks are taking place. "This is further market speculation ...