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

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

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

Jefferies analysts note that while the potential divestment would represent progress on BP’s target to reduce net debt by $5 billion to $9 billion and retire $4 billion in hybrid bonds by 2027, the ...

While BP declined to confirm specific details, it noted that its broader divestment program was "progressing," with $1.5 billion in deals already signed. Founded in 1899, Castrol is one of the ...

The company is also involved in convenience and retail fuel, EV charging, Castrol lubricant, aviation, B2B, and midstream businesses; refining and oil trading; and bioenergy business. BP p.l.c ...

BP's Castrol lubricants business is attracting interest from companies such as India's Reliance Industries , Bloomberg News ...

Yet Fossil Free Stanford remains heartened by the outpouring of student and alumni support for divestment. We believe that as the brutal reality of the climate crisis becomes even more clear ...

BP has reached an $18.7 billion settlement with the federal government and five states, effectively ending litigation stemming from the 2010 Deepwater Horizon rig explosion and subsequent oil spill.