News

Shell brought on advisers to explore a potential acquisition of BP last month, but a potential sale now appears unlikely, ...
Abu Dhabi’s national oil company, Adnoc, is exploring the possibility of acquiring select BP assets if the British energy ...
BP’s asset sales decision followed as activist investor ... Earlier reports indicated that Saudi Aramco had expressed interest in Castrol. While no bidder has been officially named, the ...
A protracted period of underperformance relative to its industry peers has thrust BP into the spotlight as a prime takeover ...
BP Plc (BP) stock garnered retail attention ... taken up a nearly $5 billion stake in the company and would push for asset sales. A Financial Times (FT) report said Elliott’s £3.8 billion ...
BP is poised for growth with strategic resets, cost reductions, and strong energy demand. Click to read more on how BP is ...
A sale of the business ... sizable non-core asset divestments. BP’s lubricants business could be worth about $8 billion to $10 billion based on an earnings before interest, tax, depreciation ...
Activist Elliott Management has become BP’s third-largest ... sell off a wide swath of assets, said the person familiar with Elliott’s thinking. “Part of those [sales] need to be and should ...
BP’s asset sales decision followed as activist investor Elliott Management ... Earlier reports indicated that Saudi Aramco had expressed interest in Castrol. While no bidder has been officially named, ...