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 ...

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 ...

BP has started a sale process for its Castrol lubricants business and has hired Goldman Sachs to help it sell the unit, ...

BP acquired Castrol in 2000 for approximately £3 billion ... which includes evaluating several other non-core assets. This includes plans to divest the Gelsenkirchen refinery in Germany, retail ...

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

Kazakhstan will likely exceed its original oil output plans for 2025 of ... project in East Africa. BP has kicked off the sale of its more than a century-old Castrol lubricants business, according ...

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 ...

It was among an international coalition of 40 church institutions that made a 2017 pledge to gradually divest entirely from the fossil fuels that are driving global temperature rise. Although the bank ...