Chairman Helge Lund calling for a shareholder vote on any plans the company has to row back its climate goals, setting up a ...

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.

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

Items high on the agenda could be exiting petrol service stations, selling Castrol lubricants and US shale oil and gas, and ...

--BP's lubricant business operates under the Castrol brand and could be worth about $10 billion in a deal. The unit is among the assets that Elliott has identified for potential disposals and the ...

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

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.

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

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 ...