Climate activist group Follow This and investors pivot, demanding BP and Shell disclose plans to create value as global oil ...
Climate activist shareholder group Follow This and more than 20 other investors have filed resolutions calling on BP and ...
Shell has streamlined its low-carbon businesses, scaling back hydrogen for transport in certain markets and refocusing power ...
Climate activist shareholder group Follow This and more than 20 other investors have filed resolutions calling on BP and ...
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 ...
(Reuters) -Shell Plc is working with advisers to evaluate a potential acquisition of rival BP Plc, though it is waiting for further stock and oil price declines before deciding whether to pursue a bid ...
Since June 2020, the Shell (LSE:SHEL) share price has risen 96%. In contrast, BP’s (LSE:BP.) has increased by 21%. This mismatch in performance probably explains why rumours persist that the latter ...
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 Shell Plc were to acquire BP Plc, it would be among the largest deals in European history, creating for the first time a European oil major that could challenge industry leaders Exxon Mobil Corp.
The oil company may opt to focus on share buybacks and bolt-on acquisitions, according to people familiar with the matter. Deliberations are in the early stages and Shell may opt to focus on share ...
Shell (SHEL) moved swiftly to quash a Wall Street Journal report suggesting early-stage takeover talks with rival BP (BP), insisting that “no talks are taking place” and denouncing the article as mere ...