币界网报道：Shell has officially denied rumors of an $80 billion merger with BP, calling the speculation "unfounded" after reports caused market fluctuations. The energy giant clarified there are no current plans for such a deal, though analysts note both companies face pressure to transition toward renewable energy. BP shares initially rose 2.8% on the news before retreating, while Shell's stock remained stable. The merger talk emerged amid broader oil industry consolidation, with Exxon's $60 billion Pioneer deal and Chevron's $53 billion Hess acquisition reshaping the sector. Shell emphasized its focus remains on executing its energy transition strategy, including recent investments in low-carbon projects. Market observers suggest the denial may temporarily calm investors but expect continued speculation about major oil companies combining forces to navigate the shift to cleaner energy.