BP Considers Castrol Sale

BP weighs sale of $10 billion Castrol lubricants unit, Bloomberg News reports
Oil major BP is considering a potential sale of its lubricants business, Castrol, which could be worth about $10 billion in a deal, Bloomberg News reported on Tuesday, citing people familiar with the matter.
BP weighing sale of lubricants unit amid Elliott push - Bloomberg
BP (NYSE:BP) is considering a potential sale of its lubricants business in a deal that could fetch ~$10B, in one of the many options the company is considering to win back investor confidence after years of lagging performance,
BP weighs sale of Castrol lubricants unit worth about $10B, Bloomberg says
BP (BP) is said to be weighing a potential sale of its Castrol-branded lubricants unit, which could be worth about $10B, amid a push from
BP Weighs $10 Billion Sale of Castrol Lubricants Unit
A sale of the business is one of the many options BP is considering to win back investor confidence after years of underperformance, sources said.
BP Reportedly Mulls Castrol Lubricants Sale, But Retail’s Not Too Enthused
BP Plc (BP) stock garnered retail attention on Tuesday after Bloomberg News reported that the company is considering selling its lubricants business. Shares were up marginally in after-hours trading.
BP Considers Castrol Sale as Elliott Turns Up the Heat
BP PLC (BP) is reportedly considering selling its lubricants division, Castrol, amid growing pressure from activist investor Elliott Management
Lightsource bp secured 10 power purchase deals totalling 1.3 GW last year
Renewable energy developer Lightsource bp, a unit of British oil company BP , secured 10 power purchase agreements (PPAs) ...
BP: 5 Levers To Pull At The Investor Day
Read here for 5 key strategies BP's management can use to boost value and address recent underperformance, from cost cuts to ...
BP Investors Welcome Elliott as Oil Major Readies Strategy Reset
Several BP Plc shareholders said they welcome activist Elliott Investment Management taking a stake in the British oil major ...
Hosted on MSN11h
Detroit Tigers spring training notes: Skubal’s live BP includes blast, broken bat
The first week of spring training is often filled with fundamentals. Stretching. Bullpen sessions. Infield work. More ...
BP Vows ‘Fundamental Reset’ in Strategy as Profit Plunges
The energy giant was vague on details, but analysts say the changes is likely to include less spending on renewable sources ...
BP Touts ‘New Beginning,’ Fundamental Change in Strategy
BP said profit fell more than expected and that it would reset its strategy, days after reports that activist hedge fund ...
Upstream10h
BP seeks rig for multi-well campaign offshore Indonesia
UK supermajor BP is in the market for a jack-up drilling rig for its Tangguh UCC project in Indonesia, which is the next ...
MLB12h
'Zero' concern as Wood (quad) limited to BP in first full-squad workout
Nationals outfielder James Wood is dealing with left quad tendonitis as Spring Training opens. Wood was held out of outfield ...
£10,000 invested in BP shares at the end of 2024 is now worth…
BP shares have been underperforming for a few years now, but a recent uptick reflects growing interest in a revamped strategy ...