BP shares jumped Wednesday on a report that the oil major is in early stage talks to be acquired by Shell. People familiar with the matter told The Wall Street Journal that talks between BP and Shell ...

Bid speculation on BP has failed to mobilize the share price. After Shell was forced to deny an interest in launching a bid for fellow energy giant BP, which according to U.K. Takeover Panel protocols ...

Speculation has intensified in recent years as BP stumbled out of the Deepwater Horizon disaster in 2010 into a bad bet on Russia’s Rosneft that went south after the country invaded Ukraine and ...

The announcement means that Shell will not be able to make a formal takeover approach for BP for six months, under City rules.

BP has struck a deal to offload its US onshore wind business to LS Power, as the FTSE 100 energy major pushes ahead with its ...

Shell (NYSE:SHEL) has moved quickly to shut down speculation about a takeover bid for BP (LSE:BP,NYSE:BP), issuing a formal statement under the UK Takeover Code. According to the company, no talks ...

Shell refuted the takeover rumors, yet the speculation emphasizes what investors are beginning to recognize: BP’s significant discount and ...

BP shares jumped more than 10% to a session high of $32.94 on a report in The Wall Street Journal that Shell was in early-stage talks to acquire BP.

It is unlikely Shell would purchase the entirety of BP, people familiar with the matter told CNBC’s Brian Sullivan.

BP shares were whipsawed Wednesday as investors reacted to reports that the oil major might be acquired. BP shares jumped more than 10% to a session high of $32.94 on a report in The Wall Street ...