Between Trump’s tariffs and Biden’s farewell sanctions, nations are looking to redefine their oil trade agreements with the US ...
Subdued oil traders will be looking for clues at a major energy conference in London this week. Gold continues to pour into the US as the market provides arbitrage opportunities. And the price of ...
The United States of America is the Largest Oil Producing Country in the World with current production reaching record levels, so it doesn’t come as a surprise that it is also counted among the ...
Merging BP and Shell isn’t a completely mad idea, says Yawen Chen in Breakingviews. Even modest savings from eliminating ...
A group of institutional investors holding a 2.5% stake in BP is demanding a shareholder vote on any fundamental reset of the company's strategy, particularly concerning climate targets.
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 ...
BP PLC (BP) is reportedly considering selling its lubricants division, Castrol, amid growing pressure from activist investor ...
--BP's lubricant business operates under the Castrol brand and could be worth about $10 billion in a deal. The unit is among the assets that Elliott has identified for potential disposals and the ...
BP is considering a potential sale of its lubricants business in a deal that could fetch ~$10B, Bloomberg reports.
A sale of the business is one of the many options BP is considering to win back investor confidence after years of underperformance, sources said.
The UK oil major faces activist pressure to retreat from a disappointing energy-transition strategy. But recent failures are ...
The UP World LNG Shipping Index (UPI) rose 0.67% to 168.40 points, while markets remained quiet despite geopolitical shifts ...
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