The five supermajors are adjusting to a prolonged slump in petrochemicals or, in Shell's case, looking to sell most remaining ...

A potential spin-off of BPX as a separately listed entity has been floated by analysts at Enverus and RBC. With strong ...

Divestments are viewed as a key element of the overhaul. BP has made progress on a series of small disposals, and said it still expects to raise as much as $4 billion this year. However, it’s yet to ...

BP will conduct 'a thorough review of our portfolio of businesses to ensure we are maximizing shareholder value'.

(Reuters) -One Rock Capital Partners, a U.S. private equity firm, is one of the few remaining bidders for BP's Castrol lubricants business, Bloomberg News reported on Wednesday, citing people familiar ...

One Rock Capital Partners, a US mid-market private equity firm, is one of the few remaining bidders for BP Plc’s Castrol lubricants business, people familiar with the matter said, illustrating ...

BP's $8 billion Castrol sale draws interest from CD&R, a firm linked to its chairman, adding intrigue to a high-stakes divestiture.

The private equity firm which employs BP's chairman as an advisor is among the bidders exploring a takeover of Castrol, the oil giant's lubricant arm which has been put up for sale for about $8bn ...

Investing.com -- Private equity firm Clayton Dubilier & Rice has entered the competition to acquire Castrol, BP (NYSE: BP)’s lubricant business valued at approximately $8 billion, according to Sky ...

The firm joins several other bidders in the auction for the BP unit, including Apollo Global Management (NYSE: APO), Lone Star Funds, and India’s Reliance Industries (NSE: RELI), whose involvement ...