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Zacks.com on MSNBP Begins Sale of Castrol in $20B Asset Divestment StrategyBP kicks off sale of Castrol as part of a $20B divestment push, targeting a leaner portfolio and sharper focus under CEO ...
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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 has started a sale process for its Castrol lubricants business and has hired Goldman Sachs to help it sell the unit, ...
In its Q4 2024 report BP also said it plans to sell its ... for its global lubricants brand Castrol. In March BP said it was initiating a marketing process to divest its retail sites, associated ...
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 ...
We continue to optimize our investment plans and ... payment for bp Bunge organic CAPEX is now below $14 billion in 2025. And with 1.5 billion of completed or signed divestment agreements year ...
Energycategory· May 23, 2025 UK's Wood Group chair plans exit pending ... on his personal X account. BP has kicked off the sale of its more than a century-old Castrol lubricants business ...
(a) Potential proceeds from any transactions related to the Castrol strategic ... plans and expectations regarding bp’s upstream production; plans and expectations regarding the amount or timing of ...
It’s a great business, but non-core for bp. Castrol is under strategic ... enacting our divestment programme and going after costs. We have a brilliant team at bp and an ambitious growth plan. Make no ...
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