News

The petroleum conglomerate is set to deepen its foothold in India, third biggest lubricants market in the world.
Private equity firm Clayton Dubilier & Rice has entered the competition to acquire BP's Castrol lubricant business valued at ...
Shell (NYSE:SHEL) has moved quickly to shut down speculation about a takeover bid for BP (LSE:BP,NYSE:BP), issuing a formal ...
Acquisition price: $48.2 billion Acquisition date: 1998 FY 2023 revenue: Included in BP's consolidated financials FY 2023 net profit: Included in BP's consolidated financials ...
Savvy investors see opportunities in turbulent markets: three sectors now offer explosive return potential. Hydrogen stocks are poised for a spectacular turnaround after their slump, gold is shining ...
As BP weighs bids for its prized lubricants brand, interest from China’s Citic underscores the geopolitical and industrial logic behind acquiring legacy Western assets. BP’s push to divest $20 billion ...
BP’s push to divest $20 billion in assets by 2025 has reached a critical juncture. Among the highest-profile components of that strategy is the potential sale of Castrol, its long-held lubricants ...
Castrol made an underlying profit of £284mn before tax and interest in the first quarter of this year, up 29 per cent from the same period in 2024. BP bought the engine lubricant business from ...
BP is selling Castrol as part of its plan to reduce debt. Back in February, the company announced it would sell some of its assets to raise around USD 20 billion by 2027.
The news flow around corporates showing interest in BP's Lubricants business has remained strong for a few months now. On March 6, 2025, PTI attributed gains in shares of lubes maker Castrol India ...
Castrol India Share Price: Shares of Castrol India surged 6% on May 29 following a Bloomberg report that BP Plc’s Castrol lubricants unit is drawing acquisition interest from major players, including ...
On May 28, Bloomberg reported that BP Plc (NYSE:BP) is considering selling its Castrol lubricant business as part of an ongoing strategic review, citing internal sources. The report states that ...