(Alliance News) - The offer for sale of the Castrol lublicants business of BP PLC has attracted interest, but some possible bids may be below the USD8 billion the UK oil major needs to meet its target ...

--The offers might rise but BP needs to sell Castrol for a $12 billion enterprise value if it is to boost free cash flow, the FT reports, citing analysts.

Castrol, Deloitte, Mars, Philip Morris International, Unilever, and ZS Explore How Agentic AI Is Transforming Enterprise ...

LONDON(Reuters) -BP has kicked off the sale of its more than a century-old Castrol lubricants business ... BP's shares have lost around a quarter of their value in the last 12 months, more than double ...

BP's fair valuation is $30.84 per share ... price of oil and the cost of processed products — gasoline, diesel, Castrol oils, as well as additional services. However, 2024 turned out to be ...

BP p.l.c. (NYSE:BP – Free Report) – Analysts at Zacks Research dropped their FY2027 earnings per share estimates for shares of BP in a research note issued to investors on Monday, March 24th.

The BP share ... of its Castrol lubricants division. It also aims to reduce net debt to $14bn-$18bn by 2027, down from $23bn in 2024. These measures are expected to enhance shareholder value.

Calling BP’s volte face a matter of survival would be dramatic but not wholly unjustified: its strategy drift over the past five years made it a punchbag for activist investors, notably Elliott ...

Meanwhile, as part of a broader corporate restructuring, BP has initiated a strategic review of the Castrol lubricants business. Bloomberg News previously estimated the unit’s valuation at ...

Saudi Aramco is considering a potential offer for lubricant assets being sold by BP Plc ... Its Mumbai-listed subsidiary Castrol India Ltd. has a market value of about $2.5 billion.

As part of a significant restructuring effort, BP (formerly the British Petroleum) has initiated a strategic evaluation of its Castrol lubricants division, stating that it could have a valuation of ...

As part of a significant restructuring effort, BP (formerly the British Petroleum) has initiated a strategic evaluation of its Castrol lubricants division, stating that it could have a valuation ...