BP (BP) said it has reached an agreement to sell a 65% shareholding in Castrol to Stonepeak, at an enterprise value of $10.1B. The transaction is expected to result in total net proceeds to BP of $6B, ...

BP has agreed to sell a 65% stake in its Castrol lubricants business to infrastructure investor Stonepeak at an enterprise value of about $10 billion, as the energy major presses ahead with its ...

Meg O’Neill’s appointment as BP CEO marks a historic first for Big Oil, making her the first woman to lead a supermajor when she takes over in April 2026. Her arrival has reignited speculation of a BP ...

Meg O’Neill of Australia’s Woodside Energy will lead the British energy giant, replacing Murray Auchincloss, who will exit after less than two years in the role. By Stanley Reed Reporting from London ...

BP said on Wednesday it had agreed to sell a 65% stake in Castrol to investment firm Stonepeak for about $6 billion, in a deal that values the oil major’s lubricants unit at $10.1 billion. BP will ...

Energy giant BP (BP) has struck an agreement to sell a 65% stake in its Castrol lubricant unit to Stonepeak for net proceeds of $6 billion. The sale proceeds from the transaction, which include $800 ...

BP has struck a $6bn (£4.4bn) deal to sell a majority stake in its motor oil division Castrol to a US investment firm. The oil giant sold a 65% stake in Castrol, which makes lubricants for cars, ...

BP appoints Meg O'Neill as its first female CEO from April 1 BP chair calls for transformative changes Carol Howle to serve as interim CEO until O'Neill starts O'Neill, an Exxon veteran, will take ...

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