"This latest shift ... ignores the company’s climate impact and exposes shareholders to greater stranded asset risk." BP ...

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

The Russian major acquired a license for the development of one of the world's biggest rare earth metals deposits.

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 ...

Oman is reportedly exploring the sale of a stake in its natural gas assets, with an estimated value of around $8bn (OR3.08bn), reported Bloomberg, citing people familiar with the plan. The move is ...

Follow our WhatsApp channel The company is currently undergoing a strategic “reset”, under which it plans to divest non-core units and refocus on its oil and gas business. BP traces its origins ...

Image by Melih Evren Burus via iStock BP PLC said Tuesday it expects to make $3-4 billion worth of asset sales ... progress on our divestment program, including the strategic review of Castrol ...

with underlying production declining 6.1% Y/Y mainly due to asset divestment in Egypt and Trinidad in the fourth quarter of 2024. Also Read: BP, Kosmos Loads First LNG Export From GTA Phase 1 ...

Lund had backed BP's 2020 strategy under former ... including a more ambitious asset disposal programme compared with the group's $20 billion divestment target up to 2027. "The decision to step ...

UK supermajor BP ... in strategy is approved by shareholders — in short, the new plan needs to go back to the AGM as soon as possible.” Another signatory to the letter, Royal London Asset ...