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 ...

Castrol India share price gained more than 5% during the morning trades on Thursday as news reports suggest that the large ...

--BP's Castrol division is attracting interest from Reliance Industries, Apollo Global Management and Lone Star Funds, Bloomberg reports, citing unnamed sources. --Initial bids are expected in several ...

Castrol. According to a Bloomberg report, BP is attracting interest from Mukesh Ambani's Reliance Industries among others for ...

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 ...

Additionally, BP plans to divest $20 billion in assets by 2027. This includes its Castrol lubricants business and parts of its renewable energy unit, Lightsource BP. This pivot comes as Western ...

BP is making “good progress on our divestment program, including the strategic review of Castrol, and the intentions to sell mobility & convenience businesses in Austria and the Netherlands and ...

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 ...

In February, we announced a $20 billion divestment programme to release cash and strengthen ... It’s a great business, but non-core for bp. Castrol is under strategic review as we look at ways to ...