BP Merger With Shell Edges Closer With O’Neill’s Appointment

Meg O'Neill's appointment as chief executive of BP, the first woman to run an oil major, might clear the way for fresh merger ...

Shell mergers head left after bid for BP blocked - FT

Shell chief executive Wael Sawan and his finance chief quashed an internal proposal to buy rival BP this year, after which the company’s head of mergers and acquisitions left the business, the ...
OilPrice.com on MSN

BP CEO Shake-Up Reopens Talk of a Shell Megadeal

Timing adds fuel to the rumors, as Shell’s six-month restriction on bidding for BP expires on December 26, reopening the door ...

BP's CEO shake-up could pave way to mega merger

The surprise appointment of Meg O'Neill as BP's first outsider CEO offers the bruised $90 billion British oil company three ...
Hosted on MSN

BP vulnerable to Shell approach but core strategic rationale for deal unclear, analyst says

BP's (NYSE:BP) cheaper valuation means it is vulnerable to takeover approaches from across the oil and gas sector, not necessarily just from Shell (SHEL), according to AJ Bell investment director Russ ...

BP placed on bid alert as Shell takeover ban ends on Boxing Day

BP remains a target despite dramatically hiring its first outsider as chief executive in its history as it seeks to fend off ...

Shell mergers chief departed after CEO blocked bid for BP

BP endured a difficult start to the year when it was forced to ditch its plan to reinvent itself as a green energy business and pivot back to oil and gas. Chief executive Murray Auchincloss has also ...

Inside the failed green revolutions at BP and Shell

How the energy giants tried to transform their businesses — but ended up dramatically scaling back those plans and writing ...
Nasdaq

Shell Mulls BP Acquisition to Regain Edge in Global Oil

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, ...
AOL

After denying reports of BP takeover, Shell is legally barred from making an offer for six months—and there are no other suitors in sight

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 ...
Seeking Alpha

Shell And BP: Is This The Energy Sector's Big Breakout Or Just More Noise?

Shell plc is a textbook Hold: fair valuation, solid buybacks, and a decent dividend, but no major upside or hidden value from BP p.l.c. merger rumors. Both Shell and BP are prioritizing cash flow, ...
Seeking Alpha

BP vulnerable to Shell approach but no core strategic rationale for deal, RBC analyst says

Analysts at UBS note that Shell (SHEL) would need to find more than $5B in post-tax synergies for a BP (BP) deal to be accretive to free cash flow, a tall order given the likely premium demanded by ...