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Shell denies reports energy giant in talks to take over BP
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....hell denies reports energy giant in talks to take over BP<BR>PTI News<BR>Dated:- 26-6-2025<BR>PTI<BR>London, Jun 26 (AP) British oil giant Shell on Thursday denied media reports that it is in talks to....
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.... buy rival BP. The Wall Street Journal on Wednesday said Shell was holding “early stage talks" to acquire BP, citing people familiar with the matter. “In response to recent media speculation She....
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....ll wishes to clarify that it has not been actively considering making an offer for BP and confirms it has not made an approach to, and no talks have taken place with, BP with regards to a possible off....
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....er,” Shell said in a statement to the London Stock Exchange. Shell has repeatedly denied speculation that it was considering a takeover of its smaller rival BP, saying it was focused on streamlinin....
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....g and simplifying its own business. Some analysts have suggested BP would be an attractive takeover after a plan to shift its focus to renewable energy, which was abandoned earlier this year, left it....
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....s shares undervalued in comparison to other oil companies. BP has also struggled to recover from the 2010 Deepwater Horizon disaster, which killed 17 workers and forced the company to pay billions of....
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.... dollars for environmental damage in the Gulf of Mexico. (AP) PY PY<BR> News - Press release - PIB....