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 ...
Shell denied that it was in talks to buy BP after the Wall Street Journal reported Wednesday that the oil major was in early discussions over a takeover of its British rival. “No talks are taking ...
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 ...
Megan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace, health care, consumer spending and personal finance topics. She regularly appears on CBS News 24/7 to ...
Shell said on Thursday it hasn’t actively considered an offer for BP and has no intention of making such a bid, after a media report earlier this week rekindled speculation about a giant energy tie-up ...
Shell said it’s not trying to buy its British rival, but changing conditions at BP keep fueling speculation that a tie-up is possible. Talk of a possible megadeal rippled through the oil industry ...
[Stay on top of transportation news: Get TTNews in your inbox.] Shell Plc denied a Wall Street Journal report that it is in active talks about acquiring its London-based oil rival BP Plc. “This is ...
The energy giant has been weakened by years of mishaps and poor decisions, leading to rumors of a takeover that may not subside. By Stanley Reed Reporting from London For months, speculation has been ...
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 ...
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Shell Tops Q3 Earnings Expectations, Holds Steady On $3.5B Buyback Despite Oil Price Slide
The oil and gas producer posted adjusted earnings of $5.43 billion, while analysts projected it to report $5.09 billion. ・"Shell delivered another strong set of results, with clear progress across our ...
Royal Dutch Shell announced on Wednesday plans to cut up to 9,000 jobs, or over 10% of its workforce, as part of a major ...
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