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

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

Jefferies analysts note that while the potential divestment would represent progress on BP’s target to reduce net debt by $5 ...

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 group has already contacted potential private equity and strategic bidders ... to a Reuters query, BP did not comment on the details of Castrol's sale but said its divestment programme was ...

The oil major’s unit, which operates under the Castrol brand ... the people added. BP might announce the potential divestment during its capital markets day on Feb 26, they said.

Faced with declining earnings and mounting debt, Auchincloss reversed BP’s green energy strategy in February 2025 ... Additionally, BP plans to divest $20 billion in assets by 2027. This includes its ...

BP is making “good progress on our divestment program, including the strategic review of Castrol, and the intentions to sell mobility & convenience businesses in Austria and the Netherlands and ...

The company is progressing on its divestment program, announcing an agreement for TANAP (Trans-Anatolian Natural Gas Pipeline) and stating its intent to sell Austria & Netherlands retail operations ...