BP shares jumped after The Wall Street Journal reported that Shell is in talks to acquire the British oil major. Shell, however, denied that talks are taking place. "This is further market speculation ...

Shell rebuffed a Wall Street Journal report that said the oil giant was in early talks to take over rival company BP. “This is further market speculation. No talks are taking place,” the company said ...

A merger of supermajors BP and Shell could generate $100 billion worth of value for shareholders, equivalent to about 25% of the pairs' combined current market capitalisation. Morgan Stanley, which ...