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

BP (NYSE:BP) is considering a potential sale of its lubricants business in a deal that could fetch ~$10B, in one of the many ...

Several BP Plc shareholders said they welcome activist Elliott Investment Management taking a stake in the British oil major ...

The City of London is reinventing itself and Bloomberg’s Francine Lacqua and David Merritt go behind the scenes uncovering ...

BP Plc shares surged the most since 2020 after one of the world’s most aggressive activist investors built a stake in the ...

For many decades, BP Plc and Shell Plc were the closest of rivals — equivalent in size, with matching clout in energy markets ...

Boss Murray Auchincloss (pictured) will next week present his plan to investors having promised a 'new direction' for the ...

Oil major BP (BP.L), opens new tab is considering a potential sale of its lubricants business, Castrol, which could be worth about $10 billion in a deal, Bloomberg News reported on Tuesday ...

(Bloomberg) -- BP Plc promised major changes at its upcoming strategy update, seeking to reverse a prolonged period of under-performance that has now drawn in activist Elliott Investment Management.

Elliott Investment Management is demanding BP (BP) make significant cost cuts and divestments to strengthen its future as a standalone company, ...

(Bloomberg) -- BP Plc CEO Murray Auchincloss insisted that the company’s “fundamental reset” has been in the works for a year, while refusing to comment on an analyst’s question about whether he’s had ...