BP kicks off sale of Castrol as part of a $20B divestment push, targeting a leaner portfolio and sharper focus under CEO ...

The divestment aims to streamline BP’s portfolio ... BP’s asset sales decision followed as activist investor Elliott Management pressured the company for strategic changes and operational ...

BP has kicked off the sale of its more than a century-old Castrol lubricants business, according to two people with knowledge ...

BP's 'fundamental reset' on Wednesday is the most highly anticipated strategy shift ... BP to announce significant asset sales. The company has been weighing the divestment of its automotive ...

This strategic move is part of BP’s broader portfolio ... and gas exploration and production. The divestment program will likely involve the sale of assets, subsidiaries, or business units ...

The boss of BP said the energy giant has “already made significant progress” with its oil and gas focused growth strategy as it ... and have progressed our divestment programme – all while ...

The divestment will include more than 260 ... BP’s $20 Billion Asset Disposal Strategy BP’s decision to exit Austria is part of a wider $20 billion asset disposal program set through 2027.

BP executive vice president for gas and low carbon energy William Lin said: “This unlocks capital from our global portfolio while retaining our role in this strategic asset for bringing ...

BP’s strategy shift regarding its renewable energy assets is a game-changer, in my opinion, as is Elliott Investment Management's involvement… both of which already led to a positive market ...