NEW YORK ( TheStreet) -- Shares of BP ( BP) were rising almost 5% in London on a report that Royal Dutch Shell ( RDS.A) was interested in a takeover of the British oil company. The Daily Mail said Shell considered making a bid for BP after BP shares were battered during the Gulf of Mexico oil crisis. Shell still remains interested in a merger, the Daily Mail reports. BP shares rose 4.9% to 4.88 pence in London. Shell couldn't immediately be reached by phone for comment, the Associated Press reports. BP spokesman Mark Salt declined to comment for the AP. -- Written by Joseph Woelfel >To contact the writer of this article, click here: Joseph Woelfel >To submit a news tip, send an email to: email@example.com.