11:45 AM EDT, 06/25/2025 (MT Newswires) -- Shell (SHEL) is engaged in early talks to acquire rival BP (BP), The Wall Street Journal reported Wednesday, citing people familiar with the matter.

Representatives from both companies are engaged in active talks, and BP is carefully considering the approach, the people reportedly told The WSJ.

Shell and BP did not immediately reply to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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