Shell said “no talks are taking place” for a potential megamerger with rival BP that would cost more than $80 billion and represent the biggest energy deal of the century.

Shell has formally denied any intention to bid for BP, dismissing recent media speculation about a potential merger between the two UK-based energy giants.

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.

Report: Shell weighs early talks to acquire BP in landmark oil deal A report in the Wall Street Journal said the two oil giants with US headquarters in Houston are in talks to merge.

Shell rebuffed a Wall Street Journal report that said the oil giant was in early talks to take over its rival company BP.

Shell denies reported talks to acquire BP in potential mega oil merger By Rachel Nostrant, Staff writer Updated June 25, 2025 1:59 p.m.

The statement from the U.K.-based oil giant came after The Wall Street Journal reported Wednesday that Shell was holding early-stage talks to acquire BP.

Shell denied a Wall Street Journal report that it is in active talks about acquiring its London-based oil rival BP.

The Wall Street Journal reported yesterday that Shell (SHEL) was in early-stage talks to acquire BP (BP), a deal that could be the largest oil merger in a generation, potentially surpassing ...

The Wall Street Journal reports Shell is holding early stage talks to acquire BP in what would be the largest oil deal in a generation.

Shell (SHEL) moved swiftly to quash a Wall Street Journal report suggesting early-stage takeover talks with rival BP (BP), insisting that “no talks are taking place” and denouncing the article ...

Shell denied that it was in talks to buy BP after the Wall Street Journal reported on Wednesday that the oil major was in early discussions over a takeover of its British rival.