BP PLC (BP) is reportedly considering selling its lubricants division, Castrol, amid growing pressure from activist investor ...
BP is considering a potential sale of its lubricants business in a deal that could fetch ~$10B, Bloomberg reports.
“Boy, his hat is crises!” said Bob Dudley, former BP CEO and a mentor to Auchincloss. “I always said to Murray: management ...
A group of 48 institutional investors has called on BP to give shareholders a vote on any plan by the oil major to row back ...
The UK oil major faces activist pressure to retreat from a disappointing energy-transition strategy. But recent failures are ...
BP Plc, in which activist investor Elliott Investment Management has built up a nearly 5% stake, is considering a potential ...
Oil major BP is considering a potential sale of its lubricants business, Castrol, which could be worth about $10 billion in a ...
BP is under siege from Elliott, arguably the world’s most feared activist hedge fund. So far, it’s a story largely confined ...
BP Plc, in which activist investor Elliott Investment Management has built up a nearly 5% stake, is considering a potential ...
Nearly 50 major investors in BP have called on the oil giant to let them vote on potential plans to scrap its climate goals.
BP is under siege from Elliott, arguably the world’s most feared activist hedge fund. So far, it’s a story largely confined to the business pages. But in this era of geopolitical complexity, it won’t ...
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.
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