The deal would be among the largest in European history, creating for the first time an oil major that could challenge industry leaders Exxon Mobil and Chevron.

BP plc’s BP potential takeover appears highly unlikely at present, according to senior bankers at Moelis & Co., who cite the British oil major’s vast size and operational complexity as major ...

BP Plc shares jumped as much as 10% in New York after the Wall Street Journal reported that Royal Dutch Shell Plc is in early-stage talks to acquire its London-based rival.

Shell brought on advisers to explore a potential acquisition of BP last month, but a potential sale now appears unlikely, according to a global investment bank.

Shell Plc clarified on Wednesday that it is not in talks to take over rival BP. Shell’s comments came after a Wall Street Journal report cited unnamed sources saying the US company was in early ...

Speculation has been growing that the embattled company would become a takeover target, although BP’s size and complexity would make any deal very challenging.

LONDON] Shell denied The Wall Street Journal report that it is in active talks about acquiring its London-based oil rival BP. Read more at The Business Times.

Speculation has been growing that the embattled company would become a takeover target, although BP’s size and complexity would make any deal very challenging.

BP shares jumped as much as 10pc in New York after the Wall Street Journal reported that Royal Dutch Shell is in early-stage talks to acquire its London-based rival. Discussions between company ...

The Middle East conflict and prospect of a protracted regional fight has put investors and business leaders on edge as the sustained move higher in oil prices recalls memories of the Gulf War ...