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

For Citic, the strategic upside extends well beyond Castrol’s current business. The lubricants giant could serve as a ...

The divestment aims to streamline BP’s portfolio and strengthen its financial footing amid strategic recalibration under CEO Murray Auchincloss. According to sources familiar with the matter ...

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

Jefferies analysts note that while the potential divestment would represent progress on BP’s target to reduce net debt by $5 ...

In February, BP revealed a new growth strategy focused on extracting more ... made six exploration discoveries and have progressed our divestment programme - all while delivering strong ...

In February, BP revealed a new growth strategy focused on extracting more ... made six exploration discoveries and have progressed our divestment programme – all while delivering strong ...

This divestment is part of BP's $20 billion ... by the conclusion of the third quarter of this year. This strategic move aligns with BP’s broader portfolio management strategy and is expected ...

In a strategic shift, bp recently announced plans to reduce renewable energy investments and increase annual oil and gas investments to $10bn. The company is also reviewing the sale of its Castrol ...