BP's planned sale of its Castrol lubricants business has drawn early interest from private equity and industry bidders, ...

--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.

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 of USD20 billion ...

AeraHUB 25 ‘The Decision Intelligence Summit’ is held on June 11 this year at The Brewery in EC1, a stone’s throw from the ...

BASF agreed in February to sell its Brazilian paint business to Sherwin-Williams for $1.15 billion. It has also hired ...

For Citic, the strategic upside extends well beyond Castrol’s current business. The lubricants giant could serve as a ...

Finally, IAG flew to the top of the FTSE 100 last month, climbing over 25 per cent during May to make it the top-performing ...

OPEC agreed to increase production by 411,000 barrels per day in July, the third consecutive month the group has boosted ...

OPEC agreed to increase production by 411,000 barrels per day in July, the third consecutive month the group has boosted ...