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Bark “Negotiations do not happen” for potential mega-combination with an opponent Bp This will be more than $ 80 billion and will represent the largest energy agreement in the century.
Denial, on June 25, the Wall Street Journal magazine comes to the heels of this shell, this shell holds early to get BP Many rumors are in the bargain. BP, foster in recent years, Elliott investment management and othersstarting “hard reset” inside In the early 2025, it reduces costs, moving away from the restorations and doubles on fossil fossils.
Shell and BP (Fortune Global 500, Fortune 201 and 25 in 13 and 25), the most natural crossover and a combination with global prints, can compete better with US giants, although expensive Exxon Mobile and Bar.
In the last 12 months, 17% and 25% in the year and 25% in ten years, only 82 billion dollars ($ 470 billion), Chevron ($ 250 billion) and the bark ($ 250 billion) and the bark ($ 211 billion) General energy ($ 140 billion) and Houston based Conocofillips ($ 113 billion), attracts BP’s long-term province.
“This is a market assumption. Negotiations do not happen,” he said.
Asked about BP in May, the shell CEO Wael Sawan said that the bar was set at a very high level for the purchase of any and the use of capital to increase the share. The bark carries oil and gas a more modest update.
BP refused to comment on June 25, but BP CEO CEO Murray appealed to a bark contract in Auchincloss In the last sitting meeting with Fortune.
“I can’t say anything other than our work, strategy and putting on our strategy. It is clear that the media likes to speculate.” He likes to speculate. “He said. “But we just pay attention to our work. We will continue to start and advance the strategy and develop the flow of money, and we will make us strong and independent.”
Big BP moves
The current record for oil and gas transactions is Exxon and mobile combinations for 1999. A year ago, BP’s about $ 50 billion union was a short term in a while in which Amoco was acquired.
However, BP, in the Gulf of Mexico 2010, including the 2020 deep-water horizontal tragedy, the 2020 deepening and oil and gas production was cut in 2020 since the summit of the global oil demand.
After serving as CFO in late 2023, Auchincloss, from the United States to the United Arab Emirates for oil and gas investments in the United Arab Emirates in the U.S. Gulf, also changed the strategy to the crossover in the US Gulf.
“We just chased a lot. We have to narrow it,” he said. “This is what I do obviously. I think that I think what you are good and will continue to grow when you build new businesses.”
BP, Lightsource’s wind portfolio, 50% portfolio in solar work, Japanese Utility Jera sells the United States’s dry wind portfolio, which sells most global sea winds through the new, fifty-handled joint venture. BP also sold $ 1 billion in the TANAP gas pipeline from the Caspian Sea Sea for Apollo Global Management. His strategic study of Castrol lubricants works next, as well as retail work in Austria.
And BP chairman Helge Lund, which strongly supports BP’s push to energy transition enterprises, will take steps in 2026 in 2026 in 2026.
Exxon and Chevron are just one thing about other players who are big enough to get BP. Although the assets do not fit neatly, you can sell from parts that they do not want to keep the giant.
Meanwhile, Shell, Texas, Louisiana, Germany, England, England, England, England, England, England, England and the capital are considered to sell up the capital of the capital.
