2025-05-05 10:45
publication
2025-05-05 10:45
Will we have a gigantic fusion on the oil market? According to unofficial information, Shell looks at the possibilities of taking over the BP group, as a result of which he could compete with other global concerns, Exxon and Chevron.
The takeover of BP has been consulted in recent weeks – according to Bloomberg News reports – however, the decision is to depend on further decreases in stock prices and oil. The website refers to information of people familiar with the topic, while on Friday the general director of Shell, Wael Savan, assured that the company would focus on increasing its value than on acquisition.
Waiting for the development of the situation
An possible takeover of BP is only at the stage of consideration and consultation. It is said that Shell himself abstained with decisions, waiting for further drops in the share prices of his competitor. Last year, they lost nearly 1/3 of the value because the oil prices were falling, and the BP repair plan did not gain the recognition of investors. Bloomberg's informants said that Shell can also wait for the movement of other potential buyers or BP himself; Another scenario would be a purchase of action and additional acquisitions instead of one big merger.
BP in trouble
BP's profitability problems have been going on for a long time since the previous general director has adopted a strategy of zero net emission. In February, his successor announced a return to oil and announced the sale of assets worth $ 20 billion by 2027. The situation is not improved by the customs policy of Donald Trump's administration and greater oil supply, the price of which dropped below $ 70. BP agreed to another increase in production in June, which, according to analysts, may deepen the crisis on the market for oil contracts.
Shell announces cleaning
The spokesman of Shell did not confirm the media reports of the merger of BP, ensuring that the concern is focusing on performance and discipline. Although Shell's shares on the London Stock Exchange fell by about 13% in 12 months, then The market value was £ 149 billion – More than twice as much as in the case of BP, whose capitalization is 56 million GBP. The recent financial results of the group for the first quarter of 2025 were positive, and the profits exceeded market expectations. Bloomberg also notes that Shell cuts the costs himself, getting rid of unprofitable units and focusing again on fossil fuels. The head of the group, in turn, said on Friday that the company would look for opportunities for acquisitions, but first it must “organize its own home” and focus on the increase in value.
Any merger from BP would clearly strengthen the market position of Shell, allowing for greater competition with Exxon and Chevron. A transaction on such a scale may also require the consent of regulatory bodies, but so far none of the parties have confirmed information about the acquisition or denied them.
