Shell has formally denied any intention to bid for BP, dismissing recent media speculation about a potential merger between the two UK-based energy giants.

Shell rebuffed a Wall Street Journal report that said the oil giant was in early talks to take over its rival company BP.

BP's stock price rose while Shell shares slid on news that the companies are in early talks over a potential merger.

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BP’s stock rallied on Wednesday, and shares of Shell fell, after the Wall Street Journal reported the two companies were holding merger talks.

Shell has not bid for BP and is not actively considering such a move, it said in a categorical denial on Thursday, adding it was bound by UK rules which mean such a statement bans it from bidding ...

Shell Denies It Is About to Buy Rival BP in $80B Mega Deal OUT OF GAS The company’s public refusal comes only hours after The Wall Street Journal reported the potential mega-merger. Kenneal ...

LORD CEDRIC MASCARIÑAS tries to again capitalize on his superb cycling prowess as he aims for back-to-back victories in the men’s division of the Sunrise Sprint (S2)—a sub-category of the ...

The latest international Shell PLC news and views from Reuters - one of the world's largest news agencies ...

Shell SHEL -0.98% is holding early-stage talks to acquire rival BP in what would be the largest oil deal in a generation, people familiar with the matter said. Talks between company ...

Royal Dutch Shell Plc is in early talks to acquire BP Plc, which is considering the approach carefully, the Wall Street Journal reported. Talks between company representatives are active, but any ...