Category: business combination
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Shell repudiates rumors of making a play for BP
Shell repudiates rumors of making a play for BP As media speculation over a potential merger between two European oil majors, the UK-headquartered Shell and BP, has not died down yet, the former decided to address the rumors by denying the alleged business combination talks and move. The post Shell repudiates rumors of making a…
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UK oil & gas duo mulling over potential merger
UK oil & gas duo mulling over potential merger Serica Energy and EnQuest have taken steps to engage in talks over a potential business combination that has the opportunity to create a bigger combined company with a total market capitalization of nearly $1 billion. The post UK oil & gas duo mulling over potential merger…
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Rekindled Shell-BP merger rumor mill going wild: Wishful thinking or real possibility?
Rekindled Shell-BP merger rumor mill going wild: Wishful thinking or real possibility? Speculation is running rampant over a potential business combination between two oil majors, with the energy industry abuzz over the alleged merger between the UK-headquartered Shell and BP and the implications such a mega consolidation move could have on the global scene. The…