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Shell brought on advisers to explore a potential acquisition of BP last month, but a potential sale now appears unlikely, ...
BP isn't holding a fire sale, instead it has put thought ... question is whether BP will hold onto its assets in Alaska, which includes a 26 percent interest in Prudhoe Bay.
A protracted period of underperformance relative to its industry peers has thrust BP into the spotlight as a prime takeover ...
Abu Dhabi’s national oil company, Adnoc, is exploring the possibility of acquiring select BP assets if the British energy ...
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BP Begins Sale of Castrol in $20B Asset Divestment StrategyBP’s asset sales decision followed as activist investor ... Earlier reports indicated that Saudi Aramco had expressed interest in Castrol. While no bidder has been officially named, the ...
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bp considers Castrol lubricants business saleAnalysts at RBC Capital estimate bp’s lubricants business could be valued between $8bn and $10bn, based on earnings before interest ... divisions for possible asset sales, particularly within ...
A sale of the business ... sizable non-core asset divestments. BP’s lubricants business could be worth about $8 billion to $10 billion based on an earnings before interest, tax, depreciation ...
BP’s asset sales decision followed as activist investor Elliott Management ... Earlier reports indicated that Saudi Aramco had expressed interest in Castrol. While no bidder has been officially named, ...
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