Oil giant BP has struck a £4.4 billion deal, selling a 65 per cent stake in its motor oil division, Castrol, to New ...

BP has agreed to sell a 65% stake in its Castrol lubricants business to infrastructure investor Stonepeak, valuing the unit at an enterprise value of $10 billion. The move is part of BPs broader asset ...

BP p.l.c. accelerates debt reduction with a $20B divestment, refocusing on core assets. Click for this BP update as its sells a chunk of its Castrol business.

bp divests non-controlling interests in Permian and Eagle Ford midstream assets to private investor Sixth Street for $1.5 billion Agreement enables bp to unlock capital from infrastructure, while ...

BP PLC has agreed to divest its onshore wind business in the United States to LS Power Development LLC, toward a goal of $3-4 billion in asset sales this year. The sale of BP Wind Energy North America ...

Following completion, bpx’s ownership interest in the Permian midstream assets will move to 51% (from 100%), while bpx’s ownership interest in the Eagle Ford midstream assets will move to 25% (from 75 ...

BP has said it is ramping up overhaul efforts with aims to sell off more parts of the business and strip out further costs as it posted a smaller-than-feared drop in quarterly profits. The oil giant ...

LONDON (Reuters) -Oil major BP reported a smaller than expected fall in third-quarter underlying profit on Tuesday as a strong performance at all divisions led by refining helped to offset the impact ...

BP sells 65% of Castrol for $6B to cut debt and boost flexibility. Discover how this strategic move supports BP’s stock value ...

BP said it has agreed to sell interests in its U.S midstream assets to Sixth Street for $1.5 billion, as it continues to look for ways to pay down net debt. The British energy major said Monday that ...