For Citic, the strategic upside extends well beyond Castrol’s current business. The lubricants giant could serve as a ...

"This latest shift ... ignores the company’s climate impact and exposes shareholders to greater stranded asset risk." BP ...

Bloomberg reported that BP Plc (NYSE:BP) is considering selling its Castrol lubricant business as part of an ongoing ...

Oil giant BP has ceased a project to produce clean jet fuel, signaling a broader concern and shift in the company's approach to cleaner energy.

Jefferies analysts note that while the potential divestment would represent progress on BP’s target to reduce net debt by $5 ...

The Russian major acquired a license for the development of one of the world's biggest rare earth metals deposits.

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 ...

Jefferies downgraded BP on Monday to ‘hold’ from ‘buy’ and slashed the price target to 390p from 550p.

Investing.com -- Jefferies has downgraded BP (LON: BP) to “hold” from “buy” and cut its price target by 29% to £3.9 per share, citing increased execution risk amid lower oil price forecasts for 2025 ...

He added: “So far this year we have started up three major projects, made six exploration discoveries and have progressed our divestment ... BP also announced that the head of strategy, Giulia ...

In February, BP revealed a new growth strategy focused on extracting more ... made six exploration discoveries and have progressed our divestment programme – all while delivering strong ...