Could Shell or Chevron Make a Move on BP?

Could Shell or Chevron Make a Move on BP?

For years, BP has been tipped as a potential target of the next mega-merger deal in the oil industry. Speculation about a blockbuster acquisition involving BP resurfaced again this year after activist hedge fund Elliott bought nearly 5% in the UK-based supermajor and demanded changes, big and fast. BP’s shares have underperformed the stocks of the other four of the Big Oil group – Shell, TotalEnergies, ExxonMobil, and Chevron – ever since 2020. …

Will Shell Finally Swallow BP?

This article was generated with the support of AI and reviewed by an editor for factual accuracy and satirical tone. The fossil fuel fanfiction nobody asked for is back: Shell might finally devour BP — in what could become the biggest unholy alliance since, well… Shell and apartheid South Africa. That’s right: after years of flirting and fumbling, the dirtiest merger fantasy in Big Oil is once again swirling through boardrooms and Bloomberg aler…