BP's $8 billion Castrol sale draws interest from CD&R, a firm linked to its chairman, adding intrigue to a high-stakes ...

BP plc BP, the UK-based energy major, has officially launched the sale of its Castrol lubricants business, marking a significant move in the British energy giant’s plan to raise $20 billion by ...

The energy giant has been weakened by years of mishaps and poor decisions, leading to rumors of a takeover that may not ...

BP counts the BP Whiting Refinery as its largest refinery worldwide. The 1,400-acre facility can refine more than 440,000 barrels of crude oil a day, largely shipped in via pipeline from Canada's ...

Shell refuted the takeover rumors, yet the speculation emphasizes what investors are beginning to recognize: BP’s significant ...

The company is also open to partnering with other bidders to carve up any future sales. Adnoc’s interest centers on BP’s gas portfolio and fuel retailing business—not its oil production or ...

UAE oil giant ADNOC has joined the fray of firms said to be circling some of BP's highly prized assets, as takeover speculation for the embattled energy major kicks into overdrive. Stream NBC 5 ...

BP’s asset sales decision followed as activist investor Elliott Management pressured the company for strategic changes and operational ... Early Interest in Castrol Emerges as BP Opens Bidding.

BP plc BP, the UK-based energy major, has officially launched the sale of its Castrol lubricants business, marking a significant move in the British energy giant’s plan to raise $20 billion by 2027 ...