Analysts believe BP needs to sell Castrol at an enterprise value of $12bn if the deal is to improve the company’s free cash ...

The naming of the U.S. oil executive comes at a time when BP is seeking to more than double its production of oil and gas in ...

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

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 ...

BP's Castrol lubricant business is generating significant interest from major players like Reliance Industries, Apollo Global ...

Elliott Investment Management, a Florida-based investor that has pushed UK supermajor BP to accelerate its oil and gas pivot, ...

US investment giant Elliott Management has been pushing RWE, in which it holds a significant stake, to increase shareholder ...

LONDON, May 19 (Reuters Breakingviews) - Elliott Investment Management’s next big move at BP (BP.L), opens new tab is installing board leadership it likes. The U.S. activist, which now holds 5% ...

A massive hydrogen project at the heart of Ed Miliband’s net zero plans risks being cancelled as BP retreats from green ...

BP's Castrol division could fetch $8-10 billion, drawing interest from Reliance, Aramco, and private equity firms in one of ...