News

From pump prices to ETFs, here's what to watch if Shell moves forward with a takeover of its oil industry rival.
It depends on multiple factors. But as one expert put it, “if they’re not producing those barrels of oil, somebody else will.
Rising costs, stricter environmental rules and expensive new technologies are forcing oil and gas companies to rethink how ...
Shell’s statement refuted that, saying they were focused on their own growth rather than acquisitions. A British mega-oil merger has been speculated about this year due to BP’s underperformance.
News that Shell and BP were involved in tie-up talks on Wednesday reignited chatter about the potential for an oil industry megamerger on a scale unseen since the 1990s. But analysts consulted by ...
News that Shell and BP were involved in tie-up talks on Wednesday reignited chatter about the potential for an oil industry megamerger on a scale unseen since the 1990s.
Shell denied a takeover but the rumor highlights what investors are starting to see: BP’s deep discount and strategic pivot may be ripe for revaluation.
Market chatter about a potential Shell-BP merger has intensified, fueled by BP’s weak performance, strategic flip-flops, and investor dissatisfaction.
BP's stock price rose while Shell shares slid on news that the companies are in early talks over a potential merger.
• BP’s high debt burden is somewhat awkwardly split between $27 billion in net debt and $38 billion in additional liabilities, some of which still come from the 2010 Deepwater Horizon spill.
The situation came to a head on Thursday when Shell, BP’s crosstown rival, was forced to issue a denial to media reports about merger talks between the two companies.
This withdrawal underscores the immense challenge and inherent tension faced by major energy companies as they navigate the ...