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For Citic, the strategic upside extends well beyond Castrol’s current business. The lubricants giant could serve as a ...
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 ...
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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 ...
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 ...
The group has already contacted potential private equity and strategic bidders ... to a Reuters query, BP did not comment on the details of Castrol's sale but said its divestment programme was ...
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 ...
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