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

--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 ...

BP shares have been underperforming for a few years now, but a recent uptick reflects growing interest in a revamped strategy ...

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

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.

Doug McIntyre and David Callaway discuss the decline of BP’s renewable energy ambitions and what it means for the broader ...

Lulu Smyth Good morning from the Financial Times. Today is Monday, February 17th. And this is your FT News Briefing.

BP faces mounting pressure from activist investor Elliott to overhaul its strategy and divest assets for better performance.

Activist investors take stakes in what they see as underperforming companies in order to agitate for change, which they ...

One of BP’s major investors is pressuring the company to ditch its green energy business, adding to pressure on the oil giant ...

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 ...