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Home US News

WSJ Reports: Shell in Negotiations to Acquire Competitor BP

by bullnews
June 26, 2025
in US News
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WSJ Reports: Shell in Negotiations to Acquire Competitor BP
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Shell, you know, the big energy player, might just be thinking about snagging BP. Yeah, you read that right. I overheard — well, not literally, but got the scoop from the Wall Street Journal folks, Ben, Lauren, and Jenny, who seem to know these things. So, it seems Shell’s chatting up BP, trying to see if they can maybe… join forces? Or something like that. BP’s mulling it over, at least that’s what they’re saying. BP’s worth like $80 billion-ish right now. Imagine throwing in a few extra billion for good measure — this could be the biggest oil dance since Exxon and Mobil tied the knot for $83 billion. Wild, right?

Oh, and BP stocks are doing a little happy dance too. Up by $2.84 — that’s, like, 9.5% — now sitting at $32.67, just because of this whispers. Money sure moves funny, doesn’t it?

Saw this on TheFly first. They’re pretty much the go-to for all the juicy, breakneck-speed market gossip. No joke. If you haven’t checked them out, maybe give it a look.

Tags: AcquireCompetitorNegotiationsReportsShellWSJ
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