Saudi Aramco is in the early stages of considering a potential bid for BP's lubricant business Castrol, according to a person with knowledge of the matter. BP has been exploring all options around its ...

Saudi Aramco is considering a potential acquisition of bp's Castrol lubricant business, which could value the division at approximately $10bn (£7.77bn), reported Bloomberg. BP has been contemplating ...

BP slashed planned investment in renewable energy and said on Wednesday it would increase annual oil and gas spending to $10 billion, in a major strategy shift aimed at boosting earnings and investor ...

BP said it would increase its oil and gas investments to about $10 billion a year as it pivots away from its low-carbon strategy.

SAUDI Aramco is considering a potential offer for lubricant assets being sold by BP, as the Middle Eastern company pushes for acquisitions that deepen its reach in oil consuming countries, according ...

BP said it would increase annual oil and gas spending to $10 billion and cut planned annual investment in energy transition ...

In a crucial strategy presentation, CEO Murray Auchincloss has promised to “fundamentally reset” the struggling oil ... BP will look to divest its lubricants unit, which operates under the ...

BP Plc Chief Executive Officer Murray Auchincloss appeared at a key US energy major conference in Houston on Tuesday, talking ...

BP Plc said Apollo-managed funds will purchase a 25% non-controlling stake in BP Pipelines — known as BP TANAP — for about $1 ...

BP said it would increase oil and gas investment 20 percent ... would conduct what it called a “strategic review” of its Castrol lubricants business, possibly leading to a sale that could ...

The oil giant cut planned annual investment ... production growth,” Good said. BP said it was reviewing its lubricants business, Castrol, and targeting $20 billion in divestments by 2027.