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Bloomberg reported that BP Plc (NYSE:BP) is considering selling its Castrol lubricant business as part of an ongoing ...
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Zacks Investment Research on MSNBP Begins Sale of Castrol in $20B Asset Divestment StrategyBP plc BP, the UK-based energy major, has officially launched the sale of its Castrol lubricants business, marking a significant move in the British energy giant’s plan to raise $20 billion by 2027 ...
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BP has kicked off the sale of its more than a century-old Castrol lubricants business, according to two people with knowledge ...
BP said last week it was reviewing its lubricants business, Castrol, and targeting $20 billion in divestments by 2027. The divestment programme is a key part of CEO Murray Auchincloss' strategy ...
In the downstream sector, the company’s portfolio will be reshaped, with a focus on high-grading “advantaged and integrated positions,” with BP also unveiling a strategic review of Castrol.
The company is also reviewing its lubricants business, Castrol, and targeting $20 billion in divestments by 2027. BP’s sales document outlines an ambitious expansion strategy for Lightsource BP ...
On May 28, Bloomberg reported that BP Plc (NYSE:BP) is considering selling its Castrol lubricant business as part of an ongoing strategic review, citing internal sources. The report states that ...
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