Merging BP and Shell isn’t a completely mad idea, says Yawen Chen in Breakingviews. Even modest savings from eliminating duplication could add $33 billion to the value of the combined group. But there ...

“Boy, his hat is crises!” said Bob Dudley, former BP CEO and a mentor to Auchincloss. “I always said to Murray: management ...

A group of institutional investors holding a 2.5% stake in BP is demanding a shareholder vote on any fundamental reset of the company's strategy, particularly concerning climate targets.

The oil giant is expected to go back on a promise to reach net zero carbon emissions by 2050 at a strategy meeting next week.

BP PLC (BP) is reportedly considering selling its lubricants division, Castrol, amid growing pressure from activist investor ...

Items high on the agenda could be exiting petrol service stations, selling Castrol lubricants and US shale oil and gas, and ...

--BP's lubricant business operates under the Castrol brand and could be worth about $10 billion in a deal. The unit is among the assets that Elliott has identified for potential disposals and the ...

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

BP Plc, in which activist investor Elliott Investment Management has built up a nearly 5% stake, is considering a potential sale of its lubricants business, according to people familiar with the ...

BP is considering a potential sale of its lubricants business in a deal that could fetch ~$10B, Bloomberg reports.

A sale of the business is one of the many options BP is considering to win back investor confidence after years of underperformance, sources said.

The UP World LNG Shipping Index (UPI) rose 0.67% to 168.40 points, while markets remained quiet despite geopolitical shifts ...