Petroleum Oil Lubricants

BP Reportedly Mulls Castrol Lubricants Sale

BP weighs sale of $10 billion Castrol lubricants unit, Bloomberg News reports

Oil major BP is considering a potential sale of its lubricants business, Castrol, which could be worth about $10 billion in a deal, Bloomberg News reported on Tuesday, citing people familiar with the matter.

news.bloomberglaw · 19h

BP Is Said to Weigh Sale of Lubricants Unit With Elliott Pushing

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 matter.

Business Times · 17h

BP weighs sale of Castrol lubricants unit amid Elliott push

BP, IN which activist investor Elliott Investment Management has built up a nearly 5 per cent stake, is considering a potential sale of its lubricants business, according to sources familiar with the matter.

Business Insider · 9h

BP Considers Castrol Sale as Elliott Turns Up the Heat

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

Newsable Asianet News on MSN · 10h

BP Reportedly Mulls Castrol Lubricants Sale, But Retail’s Not Too Enthused

BP Plc (BP) stock garnered retail attention on Tuesday after Bloomberg News reported that the company is considering selling its lubricants business. Shares were up marginally in after-hours trading.

Strengthening Energy Security Ties Further, India-Funded Petroleum Depot Opened In Bhutan

Bhutan's Minister for Industry, Commerce, and Employment Lyonpo Namgyal Dorji on Tuesday inaugurated a project funded by ...

The Sunday Times3d

Hindustan Petroleum Lubricants now in Sri Lanka

Sri Lanka’s lubricants market has been significantly strengthened with the formal entry of HP Lubricants, part of Hindustan Petroleum Corporation Ltd (HCPL), one of India’s frontline oil ...

The Daily Star13d

Matrix Advises on the Sale of PMI Lubricants to Wallis Lubricants, LLC

Matrix Capital Markets Group, Inc. announces the successful sale of PMI Lubricants (“PMI” or the “Company”), a portfolio ...

FT13d

India’s top lube brand Hindustan Petroleum Lubricants arrives in Sri Lanka with Sea World Lanka

Sri Lanka’s lubricants market has been significantly strengthened with the formal entry of HP Lubricants, part of Hindustan ...

energy.economictimes.indiatimes1d

India’s petroleum product consumption rises 3.5% in April-Jan FY25, natural gas use up 10.2%: Report

This growth was primarily led by an increase in high-speed diesel (HSD) consumption by 2.4%, motor spirit (MS) by 7.9%, ...

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