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BP has kicked off the sale of its more than a century-old Castrol lubricants business, according to two people with knowledge ...
BP (NYSE:BP) has started a sale process for its Castrol lubricants business and has hired Goldman Sachs to help it sell the ...
BP (LON: BP) is making headway in the planned divestment of its Castrol lubricants unit, though Jefferies analysts caution the deal could fall short of more bulli ...
BP plc BP, the UK-based energy major, has officially launched the sale of its Castrol lubricants business, marking a significant move in the British energy giant’s plan to raise $20 billion by 2027 ...
[Stay on top of transportation news: Get TTNews in your inbox.] BP Plc is set to announce a potential sale of its lubricants business and abandon plans to cut oil and gas output as it embarks on a ...
BP is making “good progress on our divestment program, including the strategic review of Castrol, and the intentions to sell mobility & convenience businesses in Austria and the Netherlands and ...
Leading the contenders for divestment is the company’s Castrol lubrication business unit for which BP has announced a strategic review. Given the timing of the transaction for Global Products ...
The company is also involved in convenience and retail fuel, EV charging, Castrol lubricant, aviation, B2B, and midstream businesses; refining and oil trading; and bioenergy business. BP p.l.c ...
The company is also reviewing its lubricants business, Castrol, and targeting $20 ... This partial divestment highlights BP’s effort to balance its renewable ambitions with financial discipline ...
BP boosts oil and gas investment to $10 bln annually Cuts annual transition spending by over $5 billion Reviewing Castrol, targets $20 billion in divestment Energy transition is slower than BP ...
BP Plc is off to a “great start” in its ... the company is on track and its $20 billion divestment program could actually be assisted, Auchincloss said.