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BP’s declining market value and strategic instability have fueled speculation of a takeover by Shell or ExxonMobil, with Shell crunching the numbers and Exxon eyeing its trading division.
Detailed price information for Exxon Mobil Corp (XOM-N) from The Globe and Mail including charting and trades.
Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column BP bid may ...
Shell evaluates an unprecedented acquisition: the purchase of the British rival BP. According to Bloomberg, the Anglo-Dutch ...
Unnamed sources familiar with the developments have told Bloomberg that Shell was studying a takeover that would depend on ...
Shares in BP sparked on Friday, after it was reported that a range of possible suitors were running a slide rule over the oil ...
A subjective interpretation of current oil and gas companies moving focus away from ‘clean’ energy aims is that market and consumer demand for fossil fuels remains strong across all continents.
The drive launched by Looney has since had the brakes firmly applied to it by his successor Murray Auchincloss, responding to the revival in oil and gas prices following Russia’s invasion of Ukraine ...
Shell has reportedly called in advisers to look at a potential bid, but it is waiting for BP's valuation and oil prices to ...
The move is understood to have been aimed at pushing BP back towards fossil fuels to boost profit. In April, chief executive ...
As one UK major is rumored to be a potential takeover target for another, Energy Intelligence examines whether BP's portfolio ...
Shell is considering a takeover of BP after the oil giant’s “botched” pivot to net zero left it vulnerable, according to a ...