What the Shell-BP Rumor Reveals About BP’s Future

Would Shell and BP creating £200bn oil behemoth actually be good - for anyone?

Analysis: FTSE 100 pair have negated talk of a takeover and that looks the right call, writes Karl Matchett - at least for now

What the Shell-BP Rumor Reveals About BP’s Future

Shell denied a takeover but the rumor highlights what investors are starting to see: BP’s deep discount and strategic pivot may be ripe for revaluation.

Here’s Why BP Is Seen as a Potential Takeover Target

It’s been almost 25 years since BP Plc attempted to rebrand itself as “Beyond Petroleum” and adopt a more environmentally friendly image. But with a recent swing away from green energy toward its fossil fuel roots, “Back to Petroleum” might be a more appropriate tag line.

Why the Shell-BP speculation won't go away

Why mega-merger speculation between oil majors Shell and BP is raising eyebrows

BP has been thrust into the spotlight as a prime takeover candidate following a protracted period of underperformance relative to its industry peers.

No-one's shelling out for BP

via Alamy/ 2SYA1AGSo, that was wishful thinking, that was. It’s only a few weeks since Shell’s chief executive Wael Sawan denied any ambition to buy BP, yet here was the rumour machine in full flow, thanks to the Wall Street Journal. Mr Sawan had explained that he would rather stick to the knitting, to weave a prettier Shell, than embark on a process of turning round BP. Any excess capital would go towards buying in Shell shares, which he consid…