GBAF Logo
Finance

BP shares rise as FT reports more rivals looking at possible takeover

Published by Global Banking & Finance Review

Posted on May 9, 2025

1 min read

· Last updated: January 23, 2026

Add as preferred source on Google
BP shares rise as FT reports more rivals looking at possible takeover
Global Banking & Finance Awards 2026 — Call for Entries

LONDON (Reuters) -Shares in BP edged higher on Friday after the Financial Times reported a number of rivals have "run the numbers" about a possible takeover of the London-listed oil company. Shell,

BP Shares Climb as Rivals Consider Takeover Opportunities

LONDON (Reuters) -Shares in BP edged higher on Friday after the Financial Times reported a number of rivals have "run the numbers" about a possible takeover of the London-listed oil company.

Shell, Chevron, ExxonMobil, TotalEnergies and Adnoc have all looked at the figures, the FT reported citing sources, while trading house Vitol might be interested in elements of the business.

By 0726 GMT, shares in BP were up 1.9% but have still fallen by about 28% in the last 12 months.

(Reporting by Samuel Indyk; Editing by Amanda Cooper)

Key Takeaways

  • BP shares increased by 1.9% following takeover interest.
  • Rivals like Shell and Chevron are evaluating BP's potential.
  • BP shares have fallen 28% over the past year.
  • Vitol may be interested in parts of BP's business.
  • The Financial Times reported the interest citing sources.

Frequently Asked Questions

What is the main topic?
The article discusses the rise in BP shares following reports of takeover interest from rival oil companies.
Which companies are interested in BP?
Shell, Chevron, ExxonMobil, TotalEnergies, and Adnoc have shown interest in BP.
How much have BP shares fallen in the past year?
BP shares have fallen by about 28% over the last 12 months.

Related Articles

Image for EU broadcasters say Digital Fairness Act should target Big Tech, not them

EU broadcasters say Digital Fairness Act should target Big Tech, not them

Image for Buy airline tickets now, Spain urges as Iran war lifts oil prices

Buy airline tickets now, Spain urges as Iran war lifts oil prices

Image for Renewables in vogue as Iran war drives up Europe power prices

Renewables in vogue as Iran war drives up Europe power prices

Image for ECB survey shows scant signs of second round inflation effects

ECB survey shows scant signs of second round inflation effects

Image for DeepSeek's new AI model does not wow markets in fast-changing industry

DeepSeek's new AI model does not wow markets in fast-changing industry

Image for France's EDF invests $117 million in nuclear reactor parts factory

France's EDF invests $117 million in nuclear reactor parts factory

More from Finance

Explore more articles in the Finance category

Image for Iran war disrupts the circuit board supply chain, raises costs for tech firms
Iran war disrupts the circuit board supply chain, raises costs for tech firms
Image for Adidas shares climb after Sawe makes marathon history in Adidas shoes
Adidas shares climb after Sawe makes marathon history in Adidas shoes
Image for EU steelmakers set for rebound as Iran war hurts more exposed Asian peers
EU steelmakers set for rebound as Iran war hurts more exposed Asian peers
Image for Forvia to sell its interiors business to Apollo Funds for $2.1 billion
Forvia to sell its interiors business to Apollo Funds for $2.1 billion
Image for China's DeepSeek slashes prices for new AI model
China's DeepSeek slashes prices for new AI model
Image for Night vision gear maker Exosens posts Q1 revenue growth of 19.7%
Night vision gear maker Exosens posts Q1 revenue growth of 19.7%
Image for Germany's Nordex posts strong first-quarter earnings on wind power demand
Germany's Nordex posts strong first-quarter earnings on wind power demand
Image for Eutelsat CEO says US demand holds despite SpaceX push to curb European rivals 
Eutelsat CEO says US demand holds despite SpaceX push to curb European rivals 
Image for Bank of England to keep rates on hold while it gauges impact of Iran war
Bank of England to keep rates on hold while it gauges impact of Iran war
Image for Morning Bid: Hormuz and hyperscalers
Morning Bid: Hormuz and hyperscalers
Image for Kia CEO signals price cuts in Europe to fend off Chinese competition
Kia CEO signals price cuts in Europe to fend off Chinese competition
Image for Taiwan downplays impact of Chinese sanctions on European arms makers
Taiwan downplays impact of Chinese sanctions on European arms makers
View All Finance Posts