As reported recently on hotpress.com, it's looking increasingly likely that U2 and Oasis will be joining forces for a 30-date swing through Europe in July and August.

According to industry sources, the trek won't include any British or Irish shows, which ties in with reports that Oasis are planning to play a series of festival dates including Witnness.

It's not the first time the two bands have shared a stage, with Hot Press' Neil McCormick on hand for their 1998 double-header in San Francisco. To read all about it, click here.

Since then, Bono and Noel have become close friends, with Gallagher waxing lyrical about his U2 counterpart in a recent HP interview. To get up close and personal about their friendship, click here.

Stay tuned for more info as we have it...