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BP kicks off sale of Castrol as part of a $20B divestment push, targeting a leaner portfolio and sharper focus under CEO ...
BP has kicked off the sale of its more than a century-old Castrol lubricants business, according to two people with knowledge ...
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 ...
For Citic, the strategic upside extends well beyond Castrol’s current business. The lubricants giant could serve as a ...
BP has started a sale process for its Castrol lubricants business and has hired Goldman Sachs to help it sell the unit, ...
This divestment is part of BP's $20 billion ... This strategic move aligns with BP’s broader portfolio management strategy and is expected to generate significant interest from potential buyers ...
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 ...