The BP logo is displayed outside a petrol station that also offers electric vehicle recharging, on Feb. 27, 2025, in Somerset, England.
Anna Barclay | Getty Images News | Getty Images
BP shares jumped Wednesday on a report that the oil major is in early-stage talks to be acquired by Shell.
People familiar with the matter told The Wall Street Journal that talks between BP and Shell are active but a deal is far from certain. The talks are progressing slowly, one person told the Journal.
BP shares were last up about 7%. The British oil major is currently valued at nearly $85 billion.
This is breaking news. Please refresh for updates.
![Genesis GV90 gets the royal green treatment in latest appearance [Images]](https://i0.wp.com/electrek.co/wp-content/uploads/sites/3/2026/02/Genesis-GV90-green-EV.jpeg?resize=1200%2C628&quality=82&strip=all&ssl=1 "Genesis GV90 gets the royal green treatment in latest appearance [Images]")
![Hyundai has a new baby EV in the works: Is this our first look at the IONIQ 1? [Images]](https://i0.wp.com/electrek.co/wp-content/uploads/sites/3/2026/02/Hyundai-IONIQ-1-EV-front.jpeg?resize=1200%2C628&quality=82&strip=all&ssl=1 "Hyundai has a new baby EV in the works: Is this our first look at the IONIQ 1? [Images]")
