BP plc BP, the UK-based energy major, has officially launched the sale of its Castrol lubricants business, marking a significant move in the British energy giant’s plan to raise $20 billion by 2027 ...

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

Wael Sawan must feel like it’s Groundhog Day. In recent weeks Shell’s chief executive has been fielding one question over and ...

"bp to divest 50% stake in Lightsource bp to strategic partner" was originally created and published by Power Technology, a ...

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

Currently, the company plans to divest $20 billion in assets by 2027 ... the coming weeks could be critical in determining BP’s strategic direction and leadership stability.

British oil giant bp said Monday it plans to divest its suite of US onshore wind ... that “Renewables are an important part of our strategy as bp transitions to an integrated energy company.

That’s because, the heart of BP’s 2020 Strategic Plan was to cut investment in oil and gas production and to divest projects right at the bottom of the commodity price cycle. As a result ...

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 ...

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 ...