BP has kicked off the sale of its more than a century-old Castrol lubricants business, according to two people with knowledge of the process, in a key step in the British energy group's divestment ...

An immersion-cooled pod has been deployed outside Milan, Italy. MGH Systems recently announced the launch of Italy's first ...

Before that, on February 26, 2025, BP management unveiled a strategic plan to divest around $20 billion in assets by the end of 2027. The Castrol lubricants business was among the first to undergo ...

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 ...

As part of a major corporate revamp, BP started a strategic review of the Castrol-branded business. Activist investor Elliott Investment Management has emerged as one of the company’s largest ...

Investing.com -- 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 bullish market ...

BP Plc (LSE:NYSE: BP) remains confident in reaching its $20 billion disposal target with several deals expected to be announced "relatively soon," according to the company’s CEO Murray Auchincloss ...

A protracted period of underperformance relative to its industry peers has thrust BP into the spotlight as a prime takeover ...

BP's (NYSE:BP) planned sale of its Castrol lubricants business has drawn early interest from private equity and industry bidders, including China’s state-owned Citic, although some are ...

BP Plc’s Castrol lubricant business is attracting interest from energy companies including Reliance Industries Ltd. and buyout firms such as Apollo Global Management and Lone Star Funds ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. BP’s sale of its lubricants arm Castrol has drawn early interest from private equity and industry bidders ...