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 ...

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

BP has started a sale process for its Castrol lubricants business and has hired Goldman Sachs to help it sell the unit, Reuters reported.

"Today we are fundamentally resetting our strategy ... and we're announcing a material divestment program," she added. BP's move back toward its traditional business was highly anticipated ...

"bp to divest 50% stake in Lightsource bp to strategic partner" was originally created and published by Power Technology, a GlobalData owned brand. The information on this site has been included ...

BP’s boss has pledged to “fundamentally reset” the firm’s strategy amid wide-ranging ... of stake bought – could push for further divestment of clean energy business segments as part ...

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 ...

In the downstream sector, the company’s portfolio will be reshaped, with a focus on high-grading “advantaged and integrated positions,” with BP also unveiling a strategic review of Castrol.

British oil giant bp said Monday it plans to divest its suite of US onshore wind ... that “Renewables are an important part of our strategy as bp transitions to an integrated energy company.

BP slashed planned investment in renewable energy and said on Wednesday it would increase annual oil and gas spending to $10 billion, in a major strategy ... material divestment with an outcome ...