By Cavid Aga in Ankara BP has deepened its presence in Azerbaijan’s offshore oil and gas sector with two major moves: ...

A joint venture featuring global oil major bp will begin construction on a 240MW solar PV project in Azerbaijan.

For Citic, the strategic upside extends well beyond Castrol’s current business. The lubricants giant could serve as a ...

Bloomberg reported that BP Plc (NYSE:BP) is considering selling its Castrol lubricant business as part of an ongoing ...

Oil giant BP has ceased a project to produce clean jet fuel, signaling a broader concern and shift in the company's approach to cleaner energy.

Jefferies analysts note that while the potential divestment would represent progress on BP’s target to reduce net debt by $5 ...

BP kicks off sale of Castrol as part of a $20B divestment push, targeting a leaner portfolio and sharper focus under CEO ...

BP has kicked off the sale of its more than a century-old Castrol lubricants business, according to two people with knowledge of the process, in a key step in the British energy group's divestment ...

The group has already contacted potential private equity and strategic bidders ... to a Reuters query, BP did not comment on the details of Castrol's sale but said its divestment programme was ...

Jefferies downgraded BP on Monday to ‘hold’ from ‘buy’ and slashed the price target to 390p from 550p.

In February, BP revealed a new growth strategy focused on extracting more ... made six exploration discoveries and have progressed our divestment programme – all while delivering strong ...