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Last year, BP took the bold step of moving back to fossil fuels. This year, President Trump vindicated the decision, boosting ...
BP’s share price was up about 2% on Friday morning after the company posted a second-quarter trading update in which it flagged that production would be higher than forecast and oil trading ...
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.
But how did we get to the point that BP, a U.K. oil exploration company that was founded in 1909 under the name Anglo-Persian Oil Company, is now seen as a possible takeover target for its long ...
• BP’s high debt burden is somewhat awkwardly split between $27 billion in net debt and $38 billion in additional liabilities, some of which still come from the 2010 Deepwater Horizon spill.
BP's U.S. traded shares jumped as much as 10% after The Wall Street Journal reported that the energy company was in early talks to be acquired by rival Shell. After the Journal report, Shell said ...
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Shell Denies BP Takeover Rumors - MSNOil and gas giant Shell has publicly denied the rumors that it is looking at purchasing BP in a deal that could total $80 billion. That would make it the largest merger in the industry this ...
Shell (NYSE:SHEL) has moved quickly to shut down speculation about a takeover bid for BP (LSE:BP,NYSE:BP), issuing a formal statement under the UK Takeover Code. According to the company, no talks ...
Bid speculation on BP has failed to mobilize the share price. After Shell was forced to deny an interest in launching a bid for fellow energy giant BP, which according to U.K. Takeover Panel ...
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