BP kicks off sale of Castrol as part of a $20B divestment push, targeting a leaner portfolio and sharper focus under CEO ...

BP has kicked off the sale of its more than a century-old Castrol lubricants business, according to two people with knowledge ...

BP has started a sale process for its Castrol lubricants business and has hired Goldman Sachs to help it sell the unit, ...

[Stay on top of transportation news: Get TTNews in your inbox.] BP Plc is set to announce a potential sale of its lubricants business and abandon plans to cut oil and gas output as it embarks on a ...

BP might announce the potential divestment during its capital markets ... Representatives for BP and Elliott declined to comment. The Castrol brand serves customers in more than 150 countries ...

Leading the contenders for divestment is the company’s Castrol lubrication business unit for which BP has announced a strategic review. Given the timing of the transaction for Global Products ...

BP boosts oil and gas investment to $10 bln annually Cuts annual transition spending by over $5 billion Reviewing Castrol, targets $20 billion in divestment Energy transition is slower than BP ...

BP Plc is off to a “great start” in its ... the company is on track and its $20 billion divestment program could actually be assisted, Auchincloss said.

BP posted a $1.38 billion underlying ... Progress in its divestment program, including the strategic review of Castrol and plans to sell mobility and convenience assets in Austria, the Netherlands ...