Shell Denies Takeover Talks with BP Amid Merger Speculations

Shell has officially denied reports suggesting it is in early-stage talks to acquire rival energy company BP in a potential £57 billion deal.

The company labeled such reports as 'market speculation' and reaffirmed its focus on internal performance and strategic priorities.

The denial comes amid a volatile market affected by geopolitical tensions and trade conflicts, where consolidation among energy firms has been a topic of investor interest.