Shell's robust rejection of these reports appears to have, for now, thrown cold water on a potential takeover bid for BP.

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 ...

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

The energy giant has been weakened by years of mishaps and poor decisions, leading to rumors of a takeover that may not ...

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 ...

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

The possibility of a Shell-BP merger has fascinated markets and analysts since the 1990s. Speculation has intensified in recent years as BP stumbled out of the Deepwater Horizon disaster in 2010 ...

Shell Plc said it has no intention of making a takeover offer for BP Plc, refuting an ... Shell Quells Speculation About Potential BP Takeover Bid. Bloomberg . Thu, Jun 26, 2025, 5:24 AM.

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. The report, citing people familiar with the ...