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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.
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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 ...
Abu Dhabi’s national oil company, Adnoc, is exploring the possibility of acquiring select BP assets if the British energy ...
A protracted period of underperformance relative to its industry peers has thrust BP into the spotlight as a prime takeover ...
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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 ...
Abu Dhabi’s Adnoc is evaluating potential bids for BP’s gas and LNG assets through its XRG unit, amid speculation that the ...
On Monday, BP (NYS: BP) announced plans to divest some of its assets in the Gulf of Mexico in a continuous effort to raise funds to pay for its role in the 2010 oil spill. While the sale of the ...
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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