The $198 bln oil major keeps getting asked about a bid for its struggling $77 bln UK rival. Right now, there’s little reason ...

A protracted period of underperformance relative to its industry peers has thrust BP into the spotlight as a prime takeover ...

BP plc’s BP potential takeover appears highly unlikely at present, according to senior bankers at Moelis & Co., who cite the British oil major’s vast size and operational complexity as major barriers ...

Shell brought on advisers to explore a potential acquisition of BP last month, but a potential sale now appears unlikely, ...

The chances that a rival oil company will take over BP Plc are slim right now, even as peers have been running the numbers, because of the firm’s size and complexity, said bankers from Moelis & Co.

But oftentimes, there is not a strong basis for these speculations. Here, in the case of a potential deal between Shell and BP, there is a solid basis: Shell's CEO, Wael Sawan, has commented on a ...

Shell shareholders on Tuesday re-elected Chair Andrew Mackenzie and CEO Wael Sawan, who said when asked about a potential deal for rival BP that the bar for mergers and acquisitions was very high.

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HSBC and Shell are the only two British companies in the top 100 of Forbes’ Global 2000, but its presence grows with 68 ...

The business unit’s all-shale holdings’ “attractiveness” to potential BP Plc suitors “would likely be an important input into any portfolio evaluation and [merger] due diligence process,” said J.P.