智通财经网·2025-06-26 08:43Core Viewpoint - Shell has no intention to make a takeover bid for BP, dispelling rumors of a merger between the two major European oil companies [1][2] Group 1: Shell's Position - Shell's statement clarifies that it has not actively considered a takeover of BP and has not made any acquisition proposals or engaged in related negotiations [2][3] - The announcement is subject to UK takeover regulations, which impose a six-month restriction on making any acquisition proposals after declaring no intention to bid [1][2] Group 2: BP's Performance and Strategy - BP has been underperforming for several years, largely due to the failed "net zero" strategy implemented by former CEO Bernard Looney, who resigned in 2023 [2][3] - BP's new CEO, Murray Auchincloss, announced a "reorientation" plan focusing on oil and gas, reducing stock buybacks, and committing to asset sales and debt repayment, but this strategy has not been well received by investors [3] Group 3: Market Reactions and Future Considerations - Following reports of potential acquisition talks, BP's stock initially rose by 10% but fell after Shell's denial of any acquisition discussions [2] - There are ongoing evaluations by BP's competitors regarding the possibility of acquiring BP, especially if the company decides to divest assets under pressure [3][5] - BP is also in the process of finding a new board chairman after Helge Lund announced his resignation, which may impact its strategic direction [5]