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 ...

The Russian major acquired a license for the development of one of the world's biggest rare earth metals deposits.

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

Global private equity exits in fossil fuels are on the rise and are about to surpass the transaction value reached in 2024.