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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 of the process, in a key step in the British energy group's divestment ...
BP) has started a sale process for its Castrol lubricants business and has hired Goldman Sachs to help it sell the unit, Reuters reported Thursday, marking a key step in the company's divestment ...
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 expectations ...
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 2027 ...
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 ...
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 ...