Shell doubles down on denials after media reports of early talks with rival BP to create £200bn UK oil company

Reported megamerger between supermajors would create British oil company worth more than £200bn

Oil giants reportedly enter discussions over deal that would create £210bn company

British oil giant Shell is denying reports that it is in talks to buy rival BP

Oil giant forced to update shareholders after City gripped by takeover speculation

Shell doubles down on denials after media reports of early talks with rival BP to create £200bn UK oil company

Analysis: FTSE 100 pair have negated talk of a takeover and that looks the right call, writes Karl Matchett - at least for now