Shell denies that he is in negotiations to buy BP: “Market speculation”

by Andrea
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“As we said many times, we are strongly focused on capturing the value of shell, continuing to focus on performance, discipline and simplification,” said Portavoz

Shell provided clarification to the market and said that “no negotiation is underway” after an article by the Wall Street Journal pointing out, citing sources,

“This is another market speculation,” said a Shell spokesman. “As we have said many times, we are strongly focused on capturing the value of Shell, continuing to focus on performance, discipline and simplification.”

BP shares traded in New York even rose 10%, reaching $ 32.94. Companies have been nearby rivals – with similar size, scope and global influence – but their paths have diverged in recent years after BP quickly advanced to the low -carbon energy sector.

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(with Reuters and Bloomberg)

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