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BP's Castrol division could fetch $8-10 billion, drawing interest from Reliance, Aramco, and private equity firms in one of ...
Analysts believe BP needs to sell Castrol at an enterprise value of $12bn if the deal is to improve the company’s free cash ...
Will Mukesh Ambani-owned Reliance Industries buy lubricant major Castrol? After British oil and energy giant British ...
BP's Castrol lubricants business is attracting interest from companies such as India's Reliance Industries, Bloomberg News ...
Many major companies and investment firms have shown interest in the deal. One of them is Reliance Industries Limited, owned ...
BP's Castrol lubricant business attracts interest from energy companies and buyout firms, potentially fetching $8-10 billion ...
BP in 2011 spent USD 7.2 billion to acquire 30 per cent interest in 23 oil and gas blocks of Reliance. Eastern offshore KG-D6 block was the cornerstone of the deal that also provided for a 10-year ...
Reliance previously held a 60% operating interest in Krishna Godavari basin deepwater Block KG-DWN-98/3 (KG-D6), BP had a 30% working interest and Canada’s Niko Resources held the remaining 10% ...
India’s private sector giant Reliance Industries and UK supermajor BP are laying the groundwork for development of Mahanadi basin Block NEC-25, off India’s east coast. NEC-25 is home to ...
Originally, Reliance held 60 per cent interest in Krishna Godavari basin deep-sea block KG-DWN-98/3 or KG-D6 while BP had 30 per cent and Canadian firm Niko held the remaining 10 per cent.
BP Plc's Castrol lubricant business is drawing significant interest from a range of potential buyers, including Reliance ...
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