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 ...

The divestment aims to streamline BP’s portfolio and strengthen its financial footing amid strategic recalibration under CEO Murray Auchincloss. According to sources familiar with the matter ...

The divestment aims to streamline BP’s portfolio and strengthen its financial footing amid strategic recalibration under CEO Murray Auchincloss. According to sources familiar with the matter, BP has ...

The $198 bln oil major keeps getting asked about a bid for its struggling $77 bln UK rival. Right now, there’s little reason ...

On May 28, Bloomberg reported that BP Plc (NYSE:BP) is considering selling its Castrol lubricant business as part of an ongoing strategic review, citing internal sources. The report states that ...

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

Carve-outs offer strong returns but their complexity makes it a tough market to crack, according to sector specialists.

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 ...