Bloomberg reported that BP Plc (NYSE:BP) is considering selling its Castrol lubricant business as part of an ongoing ...

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.

Repsol's transition to low-carbon and renewables is costly short-term but positions Repsol for long-term value and ...

For Citic, the strategic upside extends well beyond Castrol’s current business. The lubricants giant could serve as a ...

The $198 bln oil major keeps getting asked about a bid for its struggling $77 bln UK rival. Right now, there’s little reason ...

BP's planned sale of its Castrol lubricants business has drawn early interest from private equity and industry bidders, ...

The company is working with a financial adviser to assess strategic alternatives for the ... while unlocking capital in a high-potential asset at a time of heightened focus on fiscal discipline.

Companies may pursue a divestment strategy to refocus on their core business, in response to the operating environment in their industry or to release underperforming assets. Companies typically ...

Effective March 19, 2025, Dan Suzuki was removed from the portfolio management lineup of Eaton Vance RBA All Asset Strategy and Eaton Vance RBA Equity Strategy. Suzuki supported these strategies ...