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1 week ago | 
afr.com | Dinesh Nair |Vinicy Chan |William Mathis |Mitchell Ferman
Dinesh Nair, Vinicy Chan, William Mathis and Mitchell FermanMay 6, 2025 – 1.09am or Subscribe to save articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe. Subscribe nowAlready a subscriber? BP rose on Monday after Bloomberg reported that Shell is working with advisers to evaluate a potential acquisition of its UK rival. BP’s American depositary receipts climbed 1.9% to $US28.64 at 9.33am in New York.
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1 week ago | 
news.bloomberglaw.com | Dinesh Nair |Vinicy Chan |William Mathis |Mitchell Ferman
BP Plc rose on Monday after Bloomberg reported that Shell Plc is working with advisers to evaluate a potential acquisition of its UK rival. BP’s American depositary receipts climbed 1.9% to $28.64 at 9:33 a.m. in New York. The London Stock Exchange is closed Monday due to a bank holiday. Other major US-listed oil producers fell, tracking lower crude prices.
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1 week ago | 
bloomberg.com | Dinesh Nair |Vinicy Chan |William Mathis |Mitchell Ferman
Shell and BP(Bloomberg) -- BP Plc rose on Monday after Bloomberg reported that Shell Plc is working with advisers to evaluate a potential acquisition of its UK rival. BP’s American depositary receipts climbed 1.9% to $28.64 at 9:33 a.m. in New York. The London Stock Exchange is closed Monday due to a bank holiday. Other major US-listed oil producers fell, tracking lower crude prices.
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1 week ago | 
bloomberglinea.com.br | Dinesh Nair |Vinicy Chan |William Mathis |Mitchell Ferman
Bloomberg — A Shell trabalha com assessores para avaliar uma possível aquisição da BP, embora esteja aguardando novas quedas nas ações da rival e no preço do petróleo antes de decidir se fará uma oferta, de acordo com pessoas familiarizadas com o assunto que falaram com a Bloomberg News.
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1 week ago | 
finance.yahoo.com | Dinesh Nair |Vinicy Chan |William Mathis |Mitchell Ferman
Unlock stock picks and a broker-level newsfeed that powers Wall Street. Dinesh Nair, Vinicy Chan, William Mathis and Mitchell Ferman Sun, May 4, 2025, 1:42 AM 4 min read In This Article: (Bloomberg) -- Shell Plc is working with advisers to evaluate a potential acquisition of BP Plc, though it’s waiting for further stock and oil price declines before deciding whether to pursue a bid, according to people familiar with the matter.
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1 week ago | 
bloomberg.com | Dinesh Nair |Vinicy Chan |William Mathis |Mitchell Ferman
A successful combination of Shell and BP would be one of the oil industry’s largest-ever takeovers. (Bloomberg) -- Shell Plc is working with advisers to evaluate a potential acquisition of BP Plc, though it’s waiting for further stock and oil price declines before deciding whether to pursue a bid, according to people familiar with the matter.
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2 weeks ago | 
bloomberglinea.com | Mitchell Ferman |Kevin Crowley
Bloomberg — Las grandes petroleras tienen un poderoso aliado en la Casa Blanca, pero el primer trimestre de la presidencia de Donald Trump fue una verdadera prueba para los planes de las compañías. El resto del año podría ser aún más duro.
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2 weeks ago | 
news.bloomberglaw.com | Mitchell Ferman |Kevin Crowley
Big Oil has a powerful ally in the White House, but the first quarter of Donald Trump’s presidency was a real test for companies’ plans. The rest of the year could be even tougher. The US leader’s desire for lower crude prices and his disruption of the global economy with trade tariffs is stressing the industry’s finances, calling into question both shareholder returns and drilling plans.
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2 weeks ago | 
bloomberg.com | Mitchell Ferman |Kevin Crowley
Already, companies are changing their investment plans for 2025 to bolster their balance sheets. (Bloomberg) -- Big Oil has a powerful ally in the White House, but the first quarter of Donald Trump’s presidency was a real test for companies’ plans. The rest of the year could be even tougher. The US leader’s desire for lower crude prices and his disruption of the global economy with trade tariffs is stressing the industry’s finances, calling into question both shareholder returns and drilling plans.
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4 weeks ago | 
bloomberg.com | Mitchell Ferman |Dinesh Nair
Last week, BP gave a gloomy overview of its first quarter performance. (Bloomberg) -- BP Plc’s big strategy reset is less than two months old, but the foundations of the company’s pivot back to oil are already starting to look shaky. After years of under-performance, the struggling major made a series of financial pledges in February intended to assure investors that dividends and share buybacks — a core part of the industry’s appeal — would be secure for years to come.
