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Reuters: BP CEO says not in merger talks with Shell

Tue Jul 24, 2007 10:30 AM BST

LONDON, July 24 (Reuters) – Oil giant BP Plc said on Tuesday it was not in merger talks with rival Royal Dutch Shell, denying a perennial market rumour which resurfaced a few weeks ago.

Chief Executive Tony Hayward also told reporters that BP had no plans to merge with Gazprom, although it could contribute mid-stream gas assets to a joint venture with the Russian gas monopoly.

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