Shell plcs head of mergers and acquisitions, Greg Gut, has left the company following internal disagreements over a proposed ...
Meg O'Neill's appointment as chief executive of BP, the first woman to run an oil major, might clear the way for fresh merger ...
Shell's chief of mergers Greg Gut left the oil and gas major after Chief Executive Wael Sawan and other top executives ...
According to the report, Gut and Shell’s M&A team pushed for a potential deal with BP earlier this year. Shell’s chair, ...
BP remains a target despite dramatically hiring its first outsider as chief executive in its history as it seeks to fend off ...
Timing adds fuel to the rumors, as Shell's six-month restriction on bidding for BP expires on December 26, reopening the door ...
One person familiar with the internal debate, however, said Shell would struggle to find the scale of oil and gas reserves it needed through exploration and small acquisitions, and that it was likely ...
Shell chief executive Wael Sawan and his finance chief quashed an internal proposal to buy rival BP this year, after which ...
How the energy giants tried to transform their businesses — but ended up dramatically scaling back those plans and writing ...
LONDON (Reuters) -Shell has not bid for BP and is not actively considering such a move, it said in a categorical denial on Thursday, adding it was bound by UK rules which mean such a statement bans it ...
Shell said it’s not trying to buy its British rival, but changing conditions at BP keep fueling speculation that a tie-up is possible. Talk of a possible megadeal rippled through the oil industry ...
Shell plc is a textbook Hold: fair valuation, solid buybacks, and a decent dividend, but no major upside or hidden value from BP p.l.c. merger rumors. Both Shell and BP are prioritizing cash flow, ...