BP is selling its $10 billion, majority stake in Castrol to U.S. investment company Stonepeak in an effort to pay down its ...

BP is nearing a sale of a majority stake in its Castrol lubricants business to the investment firm Stonepeak, a deal that ...

BP is targeting $20 billion in asset sales by the end of 2027.

The company will divest a 65% stake in Castrol as part of its overall plan to divest $14-18 billion by end-2027 to cut net ...

On Thursday, BP said Auchincloss was stepping down from his role and would be replaced by Woodside Energy's Meg O'Neill, its first female CEO. O'Neill will take up the position on April 1. In the ...

BP share price has pulled back in the past few weeks as investors have watched energy prices dip. Is it a buy as it sells Castrol?

BP will sell 65% of Castrol to Stonepeak for $10.1 billion, generating $6 billion in net proceeds. The deal supports BP's strategy.

The agreement is the oil company's most ambitious asset sale so far as it tries to cut debt and boost returns while scaling ...

BP is nearing a sale of a majority stake in Castrol to investment firm Stonepeak in a deal that values the oil major's lubricants unit at $10 billion, including debt, the Wall Street Journal reported ...

BP stock offers strong turnaround potential, solid fundamentals, and attractive yields amid a strategic shift—discover if BP ...