BP Reportedly Mulls Castrol Lubricants Sale

BP weighs sale of $10 billion Castrol lubricants unit, Bloomberg News reports
Oil major BP is considering a potential sale of its lubricants business, Castrol, which could be worth about $10 billion in a deal, Bloomberg News reported on Tuesday, citing people familiar with the matter.
BP weighing sale of lubricants unit amid Elliott push - Bloomberg
BP (NYSE:BP) is considering a potential sale of its lubricants business in a deal that could fetch ~$10B, in one of the many options the company is considering to win back investor confidence after years of lagging performance,
BP considering sale of lubricants business - report
BP is reportedly considering a potential sale of its lubricants business. Bloomberg cited people familiar with the matter as saying that the oil major’s unit - which operates under the Castrol brand - could be worth about $10 billion in a deal.
BP weighs sale of Castrol lubricants unit worth about $10B, Bloomberg says
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
bp considers Castrol lubricants business sale
BP (bp) is contemplating the sale of its Castrol lubricants business, a move that could value the unit at approximately $10bn, reported Bloomberg. The potential divestment comes as the oil giant seeks to regain investor trust after a period of underperformance.
BP Weighs Sale of Castrol Lubricants Unit Amid Elliott Push
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 familiar with the matter.
BP Considers Castrol Sale as Elliott Turns Up the Heat
BP PLC (BP) is reportedly considering selling its lubricants division, Castrol, amid growing pressure from activist investor Elliott Management
BP Reportedly Mulls Castrol Lubricants Sale, But Retail’s Not Too Enthused
BP Plc (BP) stock garnered retail attention on Tuesday after Bloomberg News reported that the company is considering selling its lubricants business. Shares were up marginally in after-hours trading.
HF Sinclair posts bigger-than-expected loss as refining margins shrink
Refiner HF Sinclair on Thursday posted a bigger-than-expected loss for the fourth quarter, becoming the latest energy company ...
Physics World1d
Scientists discover secret of ice-free polar-bear fur
This experiment showed that the ice adhesion of unwashed polar bear fur is exceptionally low. While the often-accepted ...
Synthetic Lubricants Market to Hit Valuation of USD 56.21 Billion By 2032 | Report by SNS Insider
The Synthetic Lubricants Market is growing due to rising demand for high-performance lubricants in automotive and industrial sectors. The shift towards energy-efficient vehicles and sustainability is ...
WATCH: Oil, lubricants threaten cooling down operations for Sav warehouse fire
Up to this afternoon, firefighters continued cooling down operations for a massive fire at a family-operated warehouse in Savanna-la-Mar, Westmoreland that started Wednesday. Reports reaching Observer ...