News

BP kicks off sale of Castrol as part of a $20B divestment push, targeting a leaner portfolio and sharper focus under CEO ...
Jefferies analysts note that while the potential divestment would represent progress on BP’s target to reduce net debt by $5 ...
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 ...
As part of a major corporate revamp, BP started a strategic review of the Castrol-branded business ... according to Jefferies Financial Group Inc. While the divestment would represent good progress ...
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 ...
Castrol. According to a Bloomberg report, BP is attracting interest from Mukesh Ambani's Reliance Industries among others for ...
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 ...
BASF SE has kicked off a sale of its coatings business, in a process that could value the unit at about €6 billion ($6.8 billion) and attract bids from large buyout firms, according to people familiar ...
BP's Castrol lubricants business is attracting interest from companies such as India's Reliance Industries , Bloomberg News ...