Royal Dutch Shell Plc  .com Rotating Header Image

Daily Express: Oil Bubbles on talk of a BP Shell merger

Friday 18 May 2007

OIL industry consolidation talk flowed straight to the top yesterday as BP was linked with Shell for a £200 billion-plus alliance.

Shell gained 66p to 1859p and BP rose 13%p to 570%p as late afternoon rumours of a merger between two of Britain’s biggest companies did the rounds.

Their shares were already on the rise owing to higher oil prices after concerns that US gasoline stocks might fail to meet the peak demand period.

There were also suggestions that a predator was mulling a bid for oil and gas explorer Cairn Energy, 62p higher at 1735p.

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Comment Rules

  • Please show respect to the opinions of others no matter how seemingly far-fetched.
  • Abusive, foul language, and/or divisive comments may be deleted without notice.
  • Each blog member is allowed limited comments, as displayed above the comment box.
  • Comments must be limited to the number of words displayed above the comment box.
  • Please limit one comment after any comment posted per post.