Shell and BP have both seen dramatic price increases since the Middle East conflict started, but BP's stock is performing better.
Shell Indonesia has reduced the price of its diesel fuel from IDR 24,490 per liter to IDR 21,340 per liter, effective July 1, ...
The Wall Street Journal reported yesterday that Shell ( SHEL) was in early-stage talks to acquire BP ( BP), a deal that could be the largest oil merger in a generation, potentially surpassing ...
Shell said “no talks are taking place” for a potential megamerger with rival BP that would cost more than $80 billion and represent the biggest energy deal of the century. The denial comes on the ...
Shell received regulatory approval for its Rome Export Pipeline from the Louisiana Department of Conservation and Energy. The ...
Discussions inside Shell have gained momentum in recent weeks, driven largely by BP’s declining market capitalization. BP’s shares have lost nearly 22.4% over the past year due to weak oil prices, ...
Morgan Stanley’s glut call plus multiple bank cuts point to a sustained oil downshift; energy equities are already repricing ...
In the wake of blockbuster energy deals like ExxonMobil’s XOM acquisition of Pioneer Natural Resources and Chevron’s CVX pending merger with Hess, speculation around Europe’s largest oil company Shell ...
Shell doubled down on its denial of acquiring rival BP, claiming it has “no intention” of making an offer while invoking a U.K. law that forbids Shell from bidding on BP during the next six months ...
The energy sector is in turmoil as oil prices continue their slide. Brent crude oil is at $61 a barrel, down 6% from last month and almost 27% below last year's price of $83 a barrel. While oil stocks ...
Sell Shell. Same macro driver as BP: crude and natural gas are falling, and the article flags continued supply flooding ...
Shell (NYSE: SHEL) and BP (NYSE: BP) are two of the world's largest integrated energy companies. They have globally diversified portfolios, and their businesses span the entire energy value chain.
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