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Shell in early talks to buy rival BP to create oil giant – reports

Reported megamerger between supermajors would create British oil company worth more than £200bnShell is in early talks with BP over a historic £60bn deal that could create one of the world’s largest oil and gas companies, according to reports.The so-called oil supermajors are reported to be in talks over a potential deal following speculation earlier this year that Shell was considering a bid for its struggling rival. Continue reading...

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