BP has been thrust into the spotlight as a prime takeover candidate following a protracted period of underperformance relative to its industry peers.

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

A Shell-BP deal would represent the biggest energy deal of the century—if not ever.

BP has been thrust into the spotlight as a prime takeover candidate following a protracted period of underperformance relative to its industry peers.

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