BP, IN which activist investor Elliott Investment Management has built up a nearly 5 per cent stake, is considering a ...

Oil major BP is considering a potential sale of its lubricants business, Castrol, which could be worth about $10 billion in a ...

Amid a push from activist investor Elliott, BP (BP) is said to be weighing a potential sale of its Castrol-branded lubricants unit, which could ...

BP Plc, in which activist investor Elliott Investment Management has built up a nearly 5% stake, is considering a potential sale of its lubricants business, according to people familiar with the ...

BP is considering a potential sale of its lubricants business in a deal that could fetch ~$10B, Bloomberg reports.

A sale of the business is one of the many options BP is considering to win back investor confidence after years of underperformance, sources said.

Several BP Plc shareholders said they welcome activist Elliott Investment Management taking a stake in the British oil major ...

BP trades at around 10x this year's profits, while its American peer XOM trades at 14-15x this year's profits. See what makes ...

Elliott Management, the activist investor, has built a stake of almost 5% in BP (BP) and is pressing the oil producer to abandon its green ...

UK supermajor BP has admitted it is in need of a “fundamental” change of direction, to cite the words of its chief executive, ...

This move confirms the end of a corrective phase and the start of a new Elliott Wave sequence. The price now faces critical resistance between $0.45-$0.50, marked by the 0.5 Fibonacci extension ...

Elliott Investment Management is demanding BP Plc make drastic cost cuts and divestments to strengthen its future as a ...