News

The energy giant has been weakened by years of mishaps and poor decisions, leading to rumors of a takeover that may not ...
The Wall Street Journal reported on Wednesday that Shell is holding early-stage talks to acquire bp, citing people familiar ...
Shell’s robust rejection of these reports appears to have, for now, thrown cold water on a potential takeover bid for BP.
As Elliott Investment Management pressures BP Plc to abandon its renewable-energy ambitions, ESG fund managers can’t agree on how to treat the UK oil giant.. BP’s pledge to beef up investments ...
LONDON, April 25 (Reuters) - Activist investor Elliott Investment Management wants oil major BP to replace its strategy chief and create separate units for upstream and downstream activities to ...
Shell doubled down on its denial of acquiring rival BP, claiming it has “no intention” of making an offer while invoking a ...
Elliott Investment Management has quietly amassed a stake north of 5% in BP (NYSE:BP), instantly placing the activist fund shoulder-to-shoulder with some of the energy giant's largest shareholders ...
The striking part of the statement is that it was made under what is known as 2.8 of the UK City Code on takeover and mergers ...
The Wall Street Journal reported yesterday that Shell (SHEL) was in early-stage talks to acquire BP (BP), a deal that could ...
BP is under intense pressure after years of under-performance and the intervention of aggressive activist shareholder Elliott ...
The deal would be among the largest in European history, creating for the first time an oil major that could challenge ...
LONDON] Shell denied The Wall Street Journal report that it is in active talks about acquiring its London-based oil rival BP.