BP’s weak first-quarter results and stock underperformance over the past year rekindled speculation that the UK-based supermajor could be a target of a blockbuster acquisition. As it has been ...
Shell said “no talks are taking place” for a potential megamerger with rival BP that would cost more than $80 billion and represent the biggest energy deal of the century. The denial comes on the ...
Shell looks to have a third significant oil discovery on its hands in Namibia’s red-hot Orange basin play and could make an announcement within hours or days, according to informed sources. Early last ...