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Oil major BP is considering a potential sale of its lubricants business, Castrol, which could be worth about $10 billion in a ...

BP (NYSE:BP) is considering a potential sale of its lubricants business in a deal that could fetch ~$10B, in one of the many ...

“Boy, his hat is crises!” said Bob Dudley, former BP CEO and a mentor to Auchincloss. “I always said to Murray: management ...

BP (NYSE:BP) is considering a potential sale ... to win back investor confidence after years of lagging performance, Bloomberg reported Tuesday. The company could announce a sale during its ...

(Bloomberg) -- Elliott Investment Management is demanding BP Plc make drastic cost cuts and divestments to strengthen its ...

(Bloomberg) -- BP Plc, in which activist investor Elliott Investment Management has built up a nearly 5% stake, is considering a potential sale of its lubricants business, according to people ...

BP (BP) is said to be weighing a potential sale of its Castrol-branded lubricants unit, which could be worth about $10B, amid a push from activist investor Elliott, Bloomberg’s Dinesh Nair ...

A sale of the business is one of the many options BP is considering, the report said, adding that the unit is also among the assets that Elliott Management has identified for potential disposals ...

BP Plc shares surged the most since 2020 after one of the world’s most aggressive activist investors built a stake in the ...

Elliott Investment Management is demanding BP (BP) make significant cost cuts and divestments to strengthen its future as a standalone company, ...