Oil giant BP is seen as a prime takeover target. Is a blockbuster mega-merger in the cards?

1. BP is considered a potential takeover target amid low share prices. 2. Analysts debate potential suitors, including Shell, Exxon, and Chevron. 3. BP is pivoting back to oil and gas, reducing renewable investments. 4. Activist investors are pressuring BP for strategic changes and monetization. 5. Historical mergers reflect a trend of consolidation in the energy sector.