Shell plans buying BP

By: fxleaders|2025/05/04 08:00:04

Shell is working with advisers to assess a possible acquisition of rival BP, and is waiting for additional stock and oil price drops before determining whether to make a bid. According to a Bloomberg report, the oil major has been talking more seriously with its advisors about the viability and benefits of a takeover in recent weeks. BP and Shell were nearly equal in valuation for several years, but in the last few years, Shell has grown to nearly twice BP’s size, with a market value of roughly 149 billion pounds. When questioned by the Financial Times on Friday regarding a potential takeover offer for BP, Wael Sawan, Shell’s chief, stated that he would prefer to repurchase more Shell stock. Despite improvements over the past few years, he added, “We have to have our own house in order,” and that there is still “more work to do” when questioned about Shell’s ability to make large acquisitions during an earnings call. Shell would become even more powerful in the global energy sector if it were to acquire its rival in cross-town London. This would give it the scale to compete with companies like Exxon and Chevron. Given the size of the deal, a merger would also probably draw regulatory attention. Shell started a $3.05 billion share buyback this week after announcing impressive first-quarter results that exceeded profit projections. According to people who spoke to Bloomberg News, Shell may also wait for BP or another suitor to initiate contact. In this case, its ongoing efforts could help it prepare for the possibility. Shell may concentrate on share buybacks and bolt-on acquisitions instead of a megamerger because talks are still in their early phases. When questioned about the report, a Shell representative stated, “As we have stated numerous times previously, we are sharply focused on capturing the value in Shell through continuing to focus on performance, discipline, and simplification.” . BP chose not to respond. BP CEO Murray Auchincloss has announced plans to sell $20 billion worth of assets through 2027, reduce spending, and repurchase shares in response to pressure to increase profitability and reduce costs.

The Ethereum Foundation has released this non-technical introductory report aimed at government officials, central banks, regulators, and corporate decision-makers, explaining how Ethereum works, how it is governed, how it differs from other blockchains, and how institutions and governments are alre...

A pre-announced harvesting case: After the cryptocurrency price dropped by 99%, the public chain Saga exited to transform into AI

True failure often isn't a single price drop, but rather a pricing mechanism that repeatedly rewards those who tell stories while repeatedly punishing those who believe in the stories.

When American giants collectively "defect" from Chinese AI models

Coinbase CEO publicly stated: the company has fully switched its AI to a Chinese model, cutting expenses in half while usage has doubled. Snowflake and Lindy are also doing the same thing—an unnoticed "AI model migration wave" is happening.

BIS Report Compliance Observation: The Real Risks of Stablecoins, Not Just "Depegging"

The issue with stablecoins is not just whether their price will decouple, but whether they can be integrated into a recognizable, monitorable, accountable, and regulated financial system.

Portugal 2-1 Croatia: Ronaldo's 20-Year Knockout-Stage Drought Ends With a Debt Finally Collected

Portugal beat Croatia 2-1 in the 2026 global football championship's knockout rounds as Ronaldo scored his first-ever knockout-stage goal, Gonçalo Ramos struck a stoppage-time winner, and VAR ruled out a late equalizer for offside.

Bitcoin Price Prediction July 2026: Will BTC Recover to $70K or Drop Below $55K?

Bitcoin price prediction for July 2026: Can BTC recover to $70,000 or fall below $55,000? Explore ETF flows, key support levels, Fed outlook, and our Bitcoin forecast.

A South Korean company that learned the strategy of hoarding coins, from a bull market to delisting?

When the overall momentum of the Korean stock market is strong, this batch of cryptocurrency concept stocks, branded as the "Korean version of Strategy," finds itself at a crossroads of life and death.

WEEX API Broker Program: Turn Your Trading Platform Into a Revenue Engine

Become a WEEX API Broker and earn up to 70% trading fee sharing. Get institutional-grade liquidity, OAuth Fast Connect, and a 4-5 day integration for your AI trading platform, bot, or signal community.

How to choose between buying discounted ETH, Bitmine, and SharpLink?

The answer may not lie in whose story is told better, but in specific dimensions such as cost of holding, financing ability, liquidity, and whether the narrative can be realized.

Wosh: Inflation has cooled in recent weeks, AI is reshaping the economy, and forward guidance has lost its necessity

Federal Reserve Chairman Waller clearly stated at the ECB forum that the Fed will abandon forward guidance on interest rates, with future decisions relying entirely on real-time economic data. He noted that inflation risks in the U.S. have decreased over the past four weeks, but the ultimate impact ...

Blaming the desolation of the cryptocurrency world on the rise of AI is a form of intellectual laziness

The emergence of giants signifies a mature business model. Although it will reduce speculative space, there is also enough room for error, allowing for the continuous emergence of new forces.

The impact of OUSD on Circle, Tether, and Paxos: not a single negative factor, but a more complex reshaping of competition

OUSD will not be the last new competitor; Circle needs to respond more actively in terms of products, distribution, and ecosystem collaboration.