BP shares jumped Wednesday on a report that the oil major is in early-stage talks to be acquired by Shell. People familiar with the matter told The Wall Street Journal that talks between BP and Shell ...

Shell refuted the takeover rumors, yet the speculation emphasizes what investors are beginning to recognize: BP’s significant ...

The June 26 news comes after reports that Shell entered early talks to buy BP in what would easily represent the largest ...

The energy giant has been weakened by years of mishaps and poor decisions, leading to rumors of a takeover that may not ...

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

Shell has formally denied any intention to bid for BP, dismissing recent media speculation about a potential merger between ...

The Wall Street Journal reported yesterday that Shell (SHEL) was in early-stage talks to acquire BP (BP), a deal that could be the largest oil merger in a generation, potentially surpassing ExxonMobil ...

A megamerger of this sort would vault Shell's market cap closer to ExxonMobil’s $468 billion and likely beyond Chevron’s $248 billion.

BP shares jumped more than 10% to a session high of $32.94 on a report in The Wall Street Journal that Shell was in early-stage talks to acquire BP.