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COP's $1.3B Anadarko Basin sale advances the firm's divestment plan, sharpening focus on high-return core assets.
Groups vying for control of Brazilian petrochemical producer Braskem are expected to resist a sale of its U.S. assets, three people close to the discussions told Reuters.
Divestments are viewed as a key element of the overhaul. BP has made progress on a series of small disposals, and said it ...
BP will conduct 'a thorough review of our portfolio of businesses to ensure we are maximizing shareholder value'.
BP gained after topping expectations for Q2 adjusted earnings and revenues, while continuing to cut costs and launching a ...
BP said it discovered oil and gas in the deepwater Santos basin offshore Brazil, a find that could be its largest discovery in 25 years. The British energy giant is seeking to grow its global upstream ...
Desktop Metal, a 3-D printing products maker, has filed for bankruptcy with plans to sell its assets in a private deal after defaulting on debt and failing to pay professional fees. The company ...
NORTHBROOK, Ill., July 24, 2025 /PRNewswire/ -- Hilco Real Estate Sales, in cooperation with Onyx Asset Advisors, announces the bankruptcy sale of a 28,900± SF, San Diego based food processing ...
Cleveland-Cliffs' CEO suggests the steelmaker may be open to selling more than just noncore assets, hinting at potential deals that could better value the company.
BP PLC has agreed to divest its onshore wind business in the United States to LS Power Development LLC, toward a goal of $3-4 billion in asset sales this year.
At the deal's closing, bp Wind Energy will be owned and operated as part of LS Power portfolio company Clearlight Energy, which focuses on renewable power generation in the US and Canada.
Real estate platform Flyhomes is turning its focus toward wholesale lending after offloading its home-search portal in an acquisition deal. The Seattle-based technology firm announced the sale of its ...
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