BP chairman Helge Lund (pictured), has overseen a number of strategy U-turns since taking the helm in 2019. Shares have since fallen more than 10%.

The company also said it was reviewing its lubricants business, Castrol, and targeting $20 billion in divestments ... Shell and Norwegian company Equinor have already scaled back their plans to invest ...

BP shifts strategy to boost oil output, cut green investments, and enhance shareholder returns with 20% free cash flow growth through 2027. See why BP is a Hold.

BP has been exploring all options around its Castrol business, including a possible sale, as part of a strategic review ...

BP has abandoned a radical attempt to reinvent itself as a green energy company, bowing to pressure from investors after its aggressive shift away from fossil fuels over the past five years backfired.

The world’s biggest energy company is studying whether to bid for part or all of the business, which operates under the Castrol brand name, the people said. Aramco could look to combine the Castrol ...

Feb 18 (Reuters) - 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 ...

Castrol India share price jumped nearly 6% on Thursday following reports that Saudi Aramco is considering a potential bid for BP Plc’s lubricant business. Castrol India shares rallied as much as ...