speculation

BHP Quashes Woodside Takeover Speculation


Mining giant BHP Billiton Ltd. dispelled speculation that it is preparing a multibillion-dollar takeover bid for the oil-and-gas carrier Woodside Petroleum (ASX:WPL). Speculation has been renewed following reports from the UK Sunday Times that BHP was negotiating first with Royal Dutch Shell, the largest shareholder of Woodside (with 24 percent stake), before taking a full takeover bid worth US$50 billion.

Is Santos in Talks with Shell? Gladstone LNG Project


Media speculation yesterday about Santos (ASX:STO) striking a multi-billion-dollar deal with Royal Dutch Shell has been denied by the company.

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