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The Latest Breaking News from Shell

Supercars champion Kostecki gets 'monkey off the back'

2023 Supercars champion Brodie Kostecki has won his first race for Shell V-Power Racing, converting from pole in Townsville.

AAP

BP says oil and gas production to rise after renewing focus on fossil fuels

The energy giant told investors that upstream production is now expected to be higher between April and June.

Evening Standard

Owners of five-star hotel in Aberdeen announce major expansion plans

THE owners of a five-star hotel in Aberdeen have announced plans to take over a neighbouring estate to make it nearly three times its current size.

The National (Scotland)

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Shell trims gas outlook in volatile market

The oil giant recently denied speculation it was considering making a bid for rival BP.

Evening Standard

2 Ways To Play America's Energy Export Dominance

The United States is in the midst of a structural transformation in its role within the global energy system, and this time it's not about shale oil.

Benzinga

Would Shell and BP creating a £200bn oil behemoth be a good idea for anyone at all?

BUSINESS COMMENT: Analysis: FTSE 100 pair have negated talk of a takeover and that looks the right call, writes Karl Matchett - at least for now

The Independent UK

The arithmetic is tricky for a Shell bid for BP today. Next year may be different

Shell says it has ‘no intention’ of making an offer for BP. But if its share price rises, the numbers could work

The Guardian - UK

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Shell doubles down on BP denial with no other clear suitors in sight

A theoretical Shell-BP combination would carry debt and antitrust issues while requiring greater layoffs and divestments.

Fortune

FTSE up as pound hits near four-year high

The FTSE 100 index rose 16.8 points, 0.2%, at 8,735.60.

The Independent UK

Shell says it’s not in talks to acquire BP as takeover rumours swirl

BP’s share price jumped on the speculation that it could be acquired by Shell, following a report in the Wall Street Journal.

Euronews

Shell has ‘no intention’ of making offer to buy BP after £60bn takeover rumours

Statement to stock market follows media reports of early talks with BP to create a £200bn UK oil company

The Guardian - UK

11 Best Fuel Cards for Small Business [Save Big]

Fuel prices are making headlines these days, and if you run a small business, you’ve probably felt the pinch. Rising fuel costs can significantly impact

Geekflare

Shell denies reports that the energy giant is in talks to take over BP

British oil giant Shell is denying reports that it is in talks to buy rival BP

The Independent UK

Shell confirms it has ‘no intention’ of making an offer for BP

Shell told investors on Thursday that no discussions with BP over a possible deal had taken place.

The Independent UK

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Evening Standard

FTSE 100 Live 26 June: Shell confirms no BP bid talks, dollar weakness continues

A firm rebuttal of Shell-BP merger speculation today put the focus back on geopolitics and the faltering US dollar during a steady FTSE 100 session.

The Guardian - UK

Bank of England governor warns of slowdown in the UK jobs market; review finds failings at ONS – as it happened

Andrew Bailey says slack appearing in labour market, after Keir Starmer tells businesses they have made a ‘huge difference’

The Independent UK

Business news live: FTSE 100 latest after Shell reject BP takeover bid reports and Nvidia sets record high

Stock markets latest updates and business news on Thursday

Benzinga

Jim Cramer Predicts 'M&A Wave' Even As Shell Denies BP Merger Deal: TV Host Says This Is The 'Most Bullish Thing' That Can Happen In This Market

Renowned television host Jim Cramer is cheering a potential mega merger between energy giants Shell PLC (NYSE:SHEL) and BP PLC (NYSE:BP), seeing it as a catalyst for a broader surge in deal-making activity.

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news in one place.

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Fortune

Shell denies reports of BP megamerger of Big Oil rivals

A Shell-BP deal would represent the biggest energy deal of the century—if not ever.

Evening Standard

Shell denies reports of potential move to take over BP

Oil and gas giant Shell said no talks are taking place.

The Guardian - UK

Shell denies it is in talks to buy BP after reports of potential £60bn takeover

Spokesperson says report that it is considering bid for struggling rival is ‘further market speculation’

Benzinga

Shell In Talks To Acquire BP In Mega-Merger: Report

Shares of Shell PLC (NYSE:SHEL) are trading lower while BP PLC (NYSE:BP) shares are surging Wednesday afternoon following a Wall Street Journal report that the two British energy giants are in early-stage talks for a historic merger.

Evening Standard

FTSE 100 underperforms despite Iran-Israel hope

The FTSE 100 index closed up just 0.95 points at 8,758.99.

The National (Scotland)

Glasgow pension fund urged to divest from fossil fuels and Gaza-linked firms

PROTESTORS staged a demonstration outside of Glasgow City Chambers on Tuesday to call on the Strathclyde Pension Fund to cease investments in…

The Independent UK

Oil prices drop sharply following announcement of Iran-Israel ceasefire

Brent Crude has dropped back to under $68 a barrel

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