BP Rises After Shell Is Said to Study Merits of an Acquisition

BP Rises After Shell Is Said to Study Merits of an Acquisition

Shell-BP Merger’s Key Ingredient is Time - Energy News, Top Headlines, Commentaries, Features & Events

(Reuters Breakingviews) – Wael Sawan must feel like it’s Groundhog Day. In recent weeks Shell’s  chief executive has been fielding one question over and over again: whether he’s considering merging his $198 billion group with struggling UK rival BP. Drill down into whether a swoop for the $77 billion oil major makes any sense, and Sawan’s lack ...

Shell-BP merger’s key ingredient is time

The $198 bln oil major keeps getting asked about a bid for its struggling $77 bln UK rival. Right now, there’s little reason for boss Wael Sawan to pursue a deal. But the M&A math could look quite a bit more favourable in the second half of 2026.