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For Citic, the strategic upside extends well beyond Castrol’s current business. The lubricants giant could serve as a ...
British energy giant BP received a sharp rebuke from its investors at the 2025 Annual General Meeting in Sunbury-on-Thames — and the move sheds light on how harnessing the power of the dollar can be ...
Bloomberg reported that BP Plc (NYSE:BP) is considering selling its Castrol lubricant business as part of an ongoing ...
The Russian major acquired a license for the development of one of the world's biggest rare earth metals deposits.
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 ...
Will the election of President Trump upend the broad consensus in the UK and Europe around sustainable investing and pensions?
Follow our WhatsApp channel The company is currently undergoing a strategic “reset”, under which it plans to divest non-core units and refocus on its oil and gas business. BP traces its origins ...
Image by Melih Evren Burus via iStock BP PLC said Tuesday it expects to make $3-4 billion worth of asset sales ... progress on our divestment program, including the strategic review of Castrol ...
with underlying production declining 6.1% Y/Y mainly due to asset divestment in Egypt and Trinidad in the fourth quarter of 2024. Also Read: BP, Kosmos Loads First LNG Export From GTA Phase 1 ...
Lund had backed BP's 2020 strategy under former ... including a more ambitious asset disposal programme compared with the group's $20 billion divestment target up to 2027. "The decision to step ...