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 ...

Timing adds fuel to the rumors, as Shell's six-month restriction on bidding for BP expires on December 26, reopening the door ...

Shell plcs head of mergers and acquisitions, Greg Gut, has left the company following internal disagreements over a proposed takeover of rival energy giant BP, according to a report by the Financial ...

Shell chief executive Wael Sawan and his finance chief quashed an internal proposal to buy rival BP this year, after which the company’s head of mergers and acquisitions left the business, the ...

The surprise appointment of Meg O'Neill as BP's first outsider CEO offers the bruised $90 billion British oil company three ...

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 ...

CEO Wael Sawan and other top executives blocked an internal proposal to buy BP (BP) this year, after which the company's M&A head Greg Gut left the company, the Financial Times reported Tuesday.

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, ...

Greg Gut departed UK supermajor after a proposal to acquire BP was blocked by Shell's chief executive and chief financial officer, the FT reported.

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, ...

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 ...

BP endured a difficult start to the year when it was forced to ditch its plan to reinvent itself as a green energy business and pivot back to oil and gas. Chief executive Murray Auchincloss has also ...