BP sells 65% of Castrol for $6B to cut debt and boost flexibility. Discover how this strategic move supports BP’s stock value ...
BP posted better-than-expected profit despite a weaker contribution from its oil trading division, and increased its expectations for full-year divestment proceeds as it continues with its turnaround ...
BP p.l.c. accelerates debt reduction with a $20B divestment, refocusing on core assets. Click for this BP update as its sells ...
(RTTNews) - British energy major BP Plc reported Tuesday a replacement cost or RC loss in its second quarter, compared to prior year's profit, hit by hefty charges and weak revenues. Underlying RC ...
Bp plc (London) has reached an agreement to sell a 65% shareholding in lubricants business Castrol to Stonepeak, at an enterprise value of $10.1 billion.
BP’sBP1.24%increase; green up pointing triangle underlying profit rose in the second quarter, beating market forecasts after higher volumes offset significantly lower refining margins, while ...
BP appoints Woodside Energy chief Meg O’Neill as its next CEO amid a broader push to sharpen strategy and profitability.
BP (BP) has implemented a hiring freeze and paused new offshore wind projects as its new CEO Murray Auchincloss shifts focus back to oil and gas investments, aiming to address investor concerns over ...
BP’sBP-0.63%decrease; red down pointing triangle profit tumbled in the third quarter, although less than expected, as weak oil prices and refining margins continue to weigh on the energy sector. The ...