BP PLC (BP) is reportedly considering selling its lubricants division, Castrol, amid growing pressure from activist investor ...

BP is considering a potential sale of its lubricants business in a deal that could fetch ~$10B, Bloomberg reports.

It was meant to be the moment when one of Britain’s most powerful companies broke decisively with its fossil fuel past.

It was meant to be the moment when one of Britain’s most powerful companies broke decisively with its fossil fuel past ...

The UK oil major faces activist pressure to retreat from a disappointing energy-transition strategy. But recent failures are ...

BP Plc, in which activist investor Elliott Investment Management has built up a nearly 5% stake, is considering a potential ...

“Boy, his hat is crises!” said Bob Dudley, former BP CEO and a mentor to Auchincloss. “I always said to Murray: management ...

A group of 48 investors has written to BP Chairman Helge Lund calling for a shareholder vote on any plans the company has to ...

Auchincloss has pledged a root-and-branch overhaul of BP's strategy. The company is in crisis after it revealed profits slumped by a third last year.

The curious calm that has settled over global markets belies the fact that global politics are in a state of chaos. First there is America's U-turn on its Ukraine policy, followed by the threat of a ...

Oil major BP is considering a potential sale of its lubricants business, Castrol, which could be worth about $10 billion in a ...

Amid a push from activist investor Elliott, BP (BP) is said to be weighing a potential sale of its Castrol-branded lubricants unit, which could ...