By Shadia Nasralla and Stephanie Kelly LONDON, Feb 9 (Reuters) - Shell needs an acquisition or exploration breakthrough to ...
Shell's rumored interest in acquiring BP made sense due to BP's underperformance and Shell's stronger financials and strategy. BP's aggressive green energy pivot weakened its core business, while ...
Shell's valuation is unjustifiably low, despite generating $39.5 billion in free cash flow and aggressively rewarding shareholders with buybacks and dividends. Short-term issues like weak LNG trading ...
Shell has announced plans to wind down operations of Volta Inc., the electric vehicle (EV) charging company it acquired in 2023, as part of a strategic pivot toward fast charging infrastructure at ...
Shell denied that it was in talks to buy BP after the Wall Street Journal reported Wednesday that the oil major was in early discussions over a takeover of its British rival. “No talks are taking ...
British oil giant Shell reported adjusted earnings of $6 billion for the July-September period, beating analyst expectations of $5.3 billion, according to estimates compiled by LSEG. The energy ...
UK supermajor Shell has denied latest media reports it is actively circling compatriot BP and could be poised to make a takeover bid. The Wall Street Journal on Wednesday reported that Shell is in ...
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