News

BP takeover speculation heats up as UAE oil giant ADNOC enters the fray for gas assets
A protracted period of underperformance relative to its industry peers has thrust BP into the spotlight as a prime takeover ...
The Times of Northwest Indiana2d
BP takeover deemed unlikely but bank says there would be strong interest in sale of U.S. assets
Shell brought on advisers to explore a potential acquisition of BP last month, but a potential sale now appears unlikely, ...
Adnoc Weighing Up Bids for Some BP Assets, Bloomberg Says, Citing Sources
--Abu Dhabi National Oil Co., known as Adnoc, is considering bids for specific BP assets and has held consultations with bankers on the move, Bloomberg reports, citing unnamed sources. --Adnoc is most ...
Adnoc Is Evaluating Possibility of Buying Some BP Assets
Abu Dhabi’s main oil company is evaluating whether it can buy some of BP Plc’s key assets should the embattled British firm ...