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BP-Shell Megadeal Would Create European Rival to Exxon Mobil

Summary by Bloomberg
If Shell Plc were to acquire BP Plc, it would be among the largest deals in European history, creating for the first time a European oil major that could challenge industry leaders Exxon Mobil Corp. and Chevron Corp.

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Bloomberg broke the news in United States on Thursday, May 8, 2025.
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