The oil major’s unit, which operates under the Castrol brand ... s “more aggressive” approach could be pushing BP for a sale or spinoff of businesses such as lubricants, U.S. shale and ...

BP hired investment bank Goldman Sachs to sell the unit, the sources said ... BP did not comment on the details of Castrol's sale but said its divestment programme was progressing and it had ...

BP (NYSE: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 ...

Jefferies analysts note that while the potential divestment would represent progress on BP’s target to reduce net debt by $5 billion to $9 billion and retire $4 billion in hybrid bonds by 2027, the ...

A protracted period of underperformance relative to its industry peers has thrust BP into the spotlight as a prime takeover ...

Oil-to-telecom conglomerate Reliance Industries (RIL) is among the suitors vying for British Petroleum’s (BP) Castrol ...

In March, Bloomberg had reported that Saudi Arabian oil giant Saudi Aramco was considering acquiring part or all of BP's Castrol unit. These new potential buyers are expected to participate in the ...

Feb 18 (Reuters) - Oil major BP (BP.L), opens new tab is considering a potential sale of its lubricants business, Castrol ... adding that the unit is also among the assets that Elliott Management ...

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