News

Bloomberg reported that BP Plc (NYSE:BP) is considering selling its Castrol lubricant business as part of an ongoing ...
Jefferies analysts note that while the potential divestment would represent progress on BP’s target to reduce net debt by $5 ...
Castrol. According to a Bloomberg report, BP is attracting interest from Mukesh Ambani's Reliance Industries among others for ...
BP Plc's Castrol lubricant business is drawing significant interest from a range of potential buyers, including Reliance ...
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 ...
Giulia Chierchia, BP’s head of strategy, sustainability and ventures (SSV), will leave in June to “pursue other opportunities” and will not be replaced. Chierchia joined BP in early 2020 on the cusp ...
Faced with declining earnings and mounting debt, Auchincloss reversed BP’s green energy strategy in February 2025 ... Additionally, BP plans to divest $20 billion in assets by 2027. This includes its ...
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 ...
The company is progressing on its divestment program, announcing an agreement for TANAP (Trans-Anatolian Natural Gas Pipeline) and stating its intent to sell Austria & Netherlands retail operations ...