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 ...
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BP CEO Shake-Up Reopens Talk of a Shell Megadeal
Timing adds fuel to the rumors, as Shell’s six-month restriction on bidding for BP expires on December 26, reopening the door ...
Speculation over a potential takeover of BP has intensified following activist investor Elliott Management’s acquisition of a nearly 5% stake. Analysts are considering various suitors—including Shell, ...
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 ...
BP Plc appointed Simon Henry, a longtime Shell veteran, to its board of directors as the UK energy giant seeks to turn around its fortunes. Henry left Shell in 2017 after a 35-year stint in which time ...
The energy giant has been weakened by years of mishaps and poor decisions, leading to rumors of a takeover that may not subside. By Stanley Reed Reporting from London For months, speculation has been ...
BP has underperformed its U.S. and European peers due to a confused strategy, particularly its aggressive shift towards renewables. Shell is considering acquiring BP, leveraging its higher valuation ...
Shell's rumored interest in acquiring BP made sense due to BP's underperformance and Shell's stronger financials and strategy. BP's aggressive green energy pivot weakened its core business, while ...
The Gulf of Mexico—or, as oil executives now call it, the Gulf of America—is critical to BP CEO Murray Auchincloss’s plans to win back investor confidence and fend off a powerful activist in Elliott ...
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