The agreement is the oil company's most ambitious asset sale so far as it tries to cut debt and boost returns while scaling ...
BP p.l.c. (NYSE:BP) made headlines on December 18 when the company announced a major leadership shakeup, appointing Meg ...
BP is selling its $10 billion, majority stake in Castrol to U.S. investment company Stonepeak in an effort to pay down its ...
Meg O'Neill's appointment as chief executive of BP, the first woman to run an oil major, might clear the way for fresh merger ...
Woodside Energy’s boss Meg O’Neill has been appointed CEO of BP following the shock departure of Murray Auchincloss, the FTSE ...
BP is targeting $20 billion in asset sales by the end of 2027.
BP has tapped Woodside Energy's Meg O'Neill as its next CEO, its first external hire for the post in over a century and the ...
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BP to sell 65% stake in Castrol to Stonepeak for $10B EV
BP p.l.c. BP agrees to divest 65% of its stake to Stonepeak creating a new joint venture in which BP will currently retain 35% stake. The leading integrated player has the option to sell this ...
The deal values Castrol at $8 billion and represents one of BP’s biggest moves to revive its fortunes after an ill-timed turn ...
Shell's robust rejection of these reports appears to have, for now, thrown cold water on a potential takeover bid for BP.
BP Plc is near an agreement to sell a majority stake in its Castrol unit to investment firm Stonepeak Partners, the Wall ...
O’Neill’s track record in large LNG deals and upstream growth aligns with BP’s renewed focus on traditional energy.
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