BP PLC (BP) is reportedly considering selling its lubricants division, Castrol, amid growing pressure from activist investor ...

BP (NYSE:BP) is considering a potential sale of its lubricants business in a deal that could fetch ~$10B, in one of the many ...

The UK oil major faces activist pressure to retreat from a disappointing energy-transition strategy. But recent failures are ...

A sale of the business is one of the many options BP is considering to win back investor confidence after years of under ...

Influential shareholder group calls for vote before any significant reversal of climate strategy, it is reported ...

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

A group of 48 investors has written to BP Chairman Helge Lund calling for a shareholder vote on any plans the company has to row back its climate goals.

BP Plc, in which activist investor Elliott Investment Management has built up a nearly 5% stake, is considering a potential ...

Nearly 50 major investors in BP have called on the oil giant to let them vote on potential plans to scrap its climate goals.

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.

A group of institutional investors holding a 2.5% stake in BP is demanding a shareholder vote on any fundamental reset of the company's strategy, particularly concerning climate targets.