Shell PLC and Equinor ASA have named their United Kingdom North Sea joint venture Adura, which they announced December as the biggest independent producer on the UK’s side of the sea. “Work ...

Shell denied a takeover but the rumor highlights what investors are starting to see: BP’s deep discount and strategic pivot may be ripe for revaluation.

British oil giant Shell is denying reports that it is in talks to buy rival BP. The Wall Street Journal on Wednesday said Shell was holding “early stage talks," to acquire its smaller rival ...

Shell chief executive Wael Sawan has not explicitly ruled out a possible merger of the Dutch oil company with British rival BP.

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.

The $207 bln oil major has formally denied any intention to buy its $79 bln UK peer following a media report. That reduces Shell’s options for six months if it changes its mind. But given a swoop for ...

Shell also said it “confirms it has no intention of making an offer for BP”. UK takeover rules typically restrict acquiring companies from launching a bid for six months in such circumstances.

LONDON (AP) — British oil giant Shell on Thursday denied media reports that it is in talks to buy rival BP. The Wall Street Journal on Wednesday said Shell was holding “early stage talks ...