A week of geopolitical maneuvering and high-stakes energy developments sees China encroaching on Russian influence, Ukraine ...

BP kicks off sale of Castrol as part of a $20B divestment push, targeting a leaner portfolio and sharper focus under CEO ...

BP) has started a sale process for its Castrol lubricants business and has hired Goldman Sachs to help it sell the unit, Reuters reported Thursday, marking a key step in the company's divestment ...

BP has kicked off the sale of its more than a century-old Castrol lubricants business, according to two people with knowledge of the process, in a key step in the British energy group's divestment ...

Galapagos to explore all strategic alternatives for its existing businesses, including cell therapy, with a focus on maximizing resources available for transformative business development transactions ...

Elliott contends that BP’s “fundamental reset strategy,” presented by CEO Murray Auchincloss in February, is not enough. The activist investor reportedly presented an alternative plan.

T he hedge fund also urges divestment of BP’s solar ... Elliott’s pressure, aimed at boosting BP’s lagging stock, could reshape its strategy amid volatile oil prices, with Brent crude ...

In 2020, BP and Microsoft announced a strategic partnership for the operator’s digital transformation.