A BP dense shell multiplies with the absence of the other kidnappers on the horizon

June 26 news It comes after the reports that Shell has entered early BP talks while it could easily represent a capacity deal in the century – if never. But with the appearance of Shell appears to focus on internal performance – at least at the present time – BP is left technically without any other kidnappers as a giant of British energy Looking for a transformation after it “Steel reset” through cost discounts, larger investments in fossil fuels, and stripping renewable energy sources.

“In response to the speculation of the recent media, Shell wants to clarify that he was not actively considering presenting an offer to BP and confirming that he did not approach, and no talks were completed with BP regarding a possible offer.”

The statement was issued under a base in the UK acquisition law, which retracts its demands for the next six months unless Shell had the approval of the BP Board of Directors, or another company on BP, or that there is a financial change in circumstances. It is allowed to refer to the Shell code to better assure its investors that it focuses on its strategy and not huge acquisitions full of debt at this moment.

BP refused to comment.

Follow the Shal’s statement, June 25 report Wall Street Journal This dandruff was in early BP talks, which also came after the previous speculation and reports that Shell was studying a possible deal to combine two of the largest major oil giants.

“At the present time, any BP By Shell acquisition will be the story of 2026, and it is unlikely to happen in 2025,” said Kathleen Brooks, Director of Research at XTB. “The BP share price is still weak in the performance of its global peers, and now after Shell has come out as a potential buyer, we do not see BP fixing its position in the coming weeks or months.”

Large deals challenges

In fact, only a small handful of companies was able to obtain the maximum large market, but the weak, 80 billion dollars. London-based shell is the most obvious, but others-Exxon Mobil Chevron – start or amid huge acquisitions. Deborah Bayers, the main advisers at Veriten, said.

It should be noted that Shell turned its headquarters to London from the Netherlands three years ago, and changed the name Royal Dutch Shell to Shell PLC.

“I think the UK government will work a foreign purchase. Perhaps a white Faris, and they will be fine from an organizational point of view in the UK,” said Payers. “Do you think that the UK will not accept anyone other than the shell – until the United States is allocated.”

This does not represent both debts, emotional and organizational approvals on the basis of the nation, which will have to go through a acquisition of other global energy. Both SHELL and BP work for approximately 100,000 people, although both are currently reducing, while Exxon Mobil, for example, has about 60,000 employees. After that, Shell will need a long period of disposal of issues to meet public issues and anti -monopoly problems in different countries.

“Why do you want to do this?” Bayers said. “Does the shareholders really want to grow? Or are they just wanting to discipline capital and return – any profits or re -purchases? Some time has passed since anyone has been bonus to grow in this sector.”

She said that BP shareholders “must be patient” because he is trying to reset financially, admitting that BP is dealing with investor’s investor activity from Elliott Investment Management and others.

“The challenge is, what is this patience timeline?” Bayers said. “Their patience may be two or three quarter, but they may need a few years to work through some of these issues that are strategic axes.”

Likewise, in a recent analytical note, Boraj Borkhataria of RBC Capital Markets said that the BP debt profile, including the remaining obligations from the DEPWatter Horizon 2010 tragedy, represents a “poisoned cup of acquisition”.

Borkhataria added: “The deal appears to be reduced to most of the main standards of failure, and we do not see the basic logical basis of the group,” Borkhataria added. “With the Shell Administration connected to strategic priorities constantly to the market since early 2023, the deal will also work with a lot of comments and may undermine credibility with the investor base. It is best to be better to be better to continue its plan and maintain smaller and more focused integration and purchases.”