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BP sells onshore wind farm business in US - BP said green energy still has a ‘role to play’ in the slimmed-down group as it ...
BP Prudhoe Bay Royalty Trust announced that The Bank of New York Mellon Trust Company, N.A., as trustee, has commenced a sale process for the Trust assets. As previously disclosed, the Trust ...
(Reuters) -One Rock Capital Partners, a U.S. private equity firm, is one of the few remaining bidders for BP's Castrol ...
BP has struck a deal to offload its US onshore wind business to LS Power, as the FTSE 100 energy major pushes ahead with its pivot back towards fossil fuels in a bid to revive its share price. The ...
BP has outperformed the S&P 500, driven by strong operational execution and disciplined cost management in oil and gas ...
BP's Castrol unit has secured a bid from US private equity firm One Rock Capital Partners, one of the few remaining bidders ...
The company said in its sales pitch that the Lightsource bp platform had 5.7 gigawatts of operational assets and was active in 19 markets, with more than 2 GW of assets constructed in 2024.
For XRG, which ADNOC launched last year, reports of interest in some of BP's assets come as the investment company seeks deals on gas and chemicals assets to help it reach an enterprise value of ...
The deal means BP has now reached $35 billion, or more than 90%, of its targeted asset sale programme. It expects to reach the full total by the end of next year. Upstream is part of DN Media Group.
BP plans to divest its Austrian fuel and EV assets, including 260+ retail sites, as part of a $20B disposal program targeting a sales agreement by Q3 2025.
Sale of Trust Assets As previously disclosed, the Trust terminated at 11:59 PM on December 31, 2024, and the Trustee commenced the process of winding up the affairs of the Trust.
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