(Reuters) -Shell CEO said on Friday he would rather buy back more of his company's own shares than launch a takeover bid for rival oil major BP, the Financial Times reported. "We will always look ...

Shell is reportedly assessing the possibility of a potential acquisition of BP, reported Bloomberg, citing people familiar with the matter. The company is monitoring stock and oil price trends ...

Speaking in a Bloomberg TV interview Tuesday, he declined to answer directly if Shell would consider looking at its rival BP Plc, but said “the bar is high” for any transaction. Sawan said he ...

While Shell and BP were nearly equal in size for a long time, BP’s failed bet on renewables under former CEO Bernard Looney created a gap in valuation between the two London-listed oil majors.

Shell shareholders on Tuesday re-elected Chair Andrew Mackenzie and CEO Wael Sawan, who said when asked about a potential deal for rival BP that the bar for mergers and acquisitions was very high.

Here, in the case of a potential deal between Shell and BP, there is a solid basis: Shell's CEO, Wael Sawan, has commented on a potential acquisition of BP (although he said that they favor ...

LONDON, May 20 (Reuters) - Shell (SHEL.L), opens new tab shareholders on Tuesday re-elected Chair Andrew Mackenzie and CEO Wael Sawan, who said when asked about a potential deal for rival BP (BP.L ...

Major oil and gas companies are confident that global oil demand will plateau rather than sharply decline, leading them to ...