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 ...

Abu Dhabi’s main oil company is evaluating whether it can buy some of BP Plc’s key assets should the embattled British firm ...

BP’s strategic reset addresses previous concerns ... Notably missing from these asset divestment plans are sales of major upstream projects though, as I noted earlier, BP appears open to taking ...

The asset has drawn particular interest ... Before that, on February 26, 2025, BP management unveiled a strategic plan to divest around $20 billion in assets by the end of 2027.

Abu Dhabi’s national oil company, Adnoc, is exploring the possibility of acquiring select BP assets if the British energy ...

marking a significant move in the British energy giant’s plan to raise $20 billion by 2027 through asset sales. The divestment aims to streamline BP’s portfolio and strengthen its financial footing ...