Greg Gut departed UK supermajor after a proposal to acquire BP was blocked by Shell's chief executive and chief financial ...
Shell plcs head of mergers and acquisitions, Greg Gut, has left the company following internal disagreements over a proposed ...
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 ...
LONDON (AP) — British oil giant Shell on Thursday denied media reports that it is in talks to buy rival BP. The Wall Street Journal on Wednesday said Shell was holding “early stage talks,″ to acquire ...
Shell says it’s not in talks to acquire BP as takeover rumours swirl BP’s share price jumped on the speculation that it could be acquired by Shell, following a report in the Wall Street Journal.
1124 GMT - Gold futures rise on declining U.S. Treasury yields and a weaker U.S. dollar. Futures are up 0.35% at $3,354.80 a troy ounce. The precious metal has extended its recovery after investor ...
Shell doubled down on its denial of acquiring rival BP, claiming it has “no intention” of making an offer while invoking a U.K. law that forbids Shell from bidding on BP during the next six months ...
Timing adds fuel to the rumors, as Shell’s six-month restriction on bidding for BP expires on December 26, reopening the door ...
Shell (NYSE:SHEL) +2.5% pre-market Thursday after issuing a statement that it has not engaged in talks with rival BP (NYSE:BP) and is not planning a takeover offer, in a firm denial of the previous ...
Shell is holding early-stage talks to acquire rival BP in what would be the largest oil deal in a generation, people familiar with the matter said. Talks between company representatives are active, ...