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 ...

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

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 ...

In a crucial strategy presentation ... could come under particular pressure. BP will look to divest its lubricants unit, which operates under the Castrol brand and could potentially be worth ...

"We're reallocating capital, we're reducing costs, and we're announcing a material divestment program," she added. BP's move ... That includes a strategic review of its Castrol lubricants unit ...

BP's 'fundamental reset' on Wednesday is the most highly anticipated strategy shift ... has been weighing the divestment of its automotive lubricants business Castrol, which is valued around ...

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

BP boosts oil and gas investment to $10 bln annually Cuts annual transition spending by over $5 billion Reviewing Castrol, targets $20 billion in divestment ... in a major strategy shift aimed ...

On May 28, Bloomberg reported that BP Plc (NYSE:BP) is considering selling its Castrol lubricant business as part of an ongoing strategic review, citing internal sources. The report states that ...

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