The sale of the lubricants business is part of the British energy company’s plan to raise $20 billion from asset sales.
BP p.l.c. (NYSE:BP) is included among the 12 Best Crude Oil Stocks to Buy for Dividends. BP p.l.c. (NYSE:BP) is a British ...
The agreement is the oil company's most ambitious asset sale so far as it tries to cut debt and boost returns while scaling ...
Meg O'Neill's appointment as chief executive of BP, the first woman to run an oil major, might clear the way for fresh merger ...
BP is selling its $10 billion, majority stake in Castrol to U.S. investment company Stonepeak in an effort to pay down its ...
Woodside Energy’s boss Meg O’Neill has been appointed CEO of BP following the shock departure of Murray Auchincloss, the FTSE ...
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BP to Sell 65% Stake in Castrol to Stonepeak for $10B EV
BP agrees to sell 65% of its Castrol stake to Stonepeak, valuing the business at $10.1B and generating about $6B to cut debt.
A major stake in Castrol changes hands as BP restructures its involvement, marking a new phase for the 126-year-old lubricant ...
BP Plc is near an agreement to sell a majority stake in its Castrol unit to investment firm Stonepeak Partners, the Wall ...
Meg O’Neill of Australia’s Woodside Energy will lead the British energy giant, replacing Murray Auchincloss, who will exit ...
On Thursday, BP said Auchincloss was stepping down from his role and would be replaced by Woodside Energy's Meg O'Neill, its first female CEO. O'Neill will take up the position on April 1. In the ...
O’Neill’s track record in large LNG deals and upstream growth aligns with BP’s renewed focus on traditional energy.
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