There were also bright spots in the statement, which comes ahead of official second-quarter earnings on Aug. 5.

Shell has denied it. No plans to buy BP. No talks. Nothing to see. Still, when your biggest domestic rival has to publicly ...

BP has delayed a New York investor event to allow boss Murray Auchincloss to recover after a medical procedure. The oil giant said: “Mr Auchincloss has recently undergone a planned medical ...

Market chatter about a potential Shell-BP merger has intensified, fueled by BP’s weak performance, strategic flip-flops, and ...

BP will slash over 5% of its global workforce as part of CEO Murray Auchincloss’ efforts to reduce costs and rebuild investor confidence after the energy giant was rocked by scandal, the company ...

The striking part of the statement is that it was made under what is known as 2.8 of the UK City Code on takeover and mergers ...

Oil giant BP has appointed former Shell finance chief Simon Henry to its board amid concern among investors about the performance of the ...

Driving Angolan Hydrocarbon Production: bp Chief Executive Officer (CEO) Murray Auchincloss Joins Angola Oil & Gas (AOG) 2025 ...

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

City investment bankers have been floating the idea of a Shell-BP deal to create a London-based European oil champion on the ...

LONDON] Shell said it has no intention of making a takeover offer for BP, refuting an earlier report that two of Europe’s biggest companies were in active merger talks. Read more at The Business Times ...

A deal between the two has long been rumoured though it is thought that British shareholders would be unhappy about the prospect.