From Yahoo Finance: 2025-05-05 08:07:00

Shell is considering acquiring BP, assessing stock and oil price trends. Shell’s market value is now nearly double that of BP at £149bn ($197.7bn). CEO prefers stock repurchases over acquisitions. Merger would boost Shell’s global energy market position but face regulatory scrutiny. Shell also eyeing other options. BP plans $20bn asset divestment by 2027 to improve profitability and investor confidence. Elliott Investment Management pushes for cost-cutting to enhance free cash flow.

Read more: Shell reportedly eyes BP acquisition