Shell brought on advisers to explore a potential acquisition of BP last month, but a potential sale now appears unlikely, ...

A protracted period of underperformance relative to its industry peers has thrust BP into the spotlight as a prime takeover ...

BP isn't holding a fire sale, instead it has put thought ... question is whether BP will hold onto its assets in Alaska, which includes a 26 percent interest in Prudhoe Bay.

Abu Dhabi’s national oil company, Adnoc, is exploring the possibility of acquiring select BP assets if the British energy ...

BP Plc (BP) stock garnered retail attention ... taken up a nearly $5 billion stake in the company and would push for asset sales. A Financial Times (FT) report said Elliott’s £3.8 billion ...

BP’s asset sales decision followed as activist investor ... Earlier reports indicated that Saudi Aramco had expressed interest in Castrol. While no bidder has been officially named, the ...

BP is selling its 50% interest in a Canadian oil sands project ... from that production site but it is not a main supplier. The sale was for $466 million in cash and Cenovus’s 35% stake in ...

A sale of the business ... sizable non-core asset divestments. BP’s lubricants business could be worth about $8 billion to $10 billion based on an earnings before interest, tax, depreciation ...

BP’s asset sales decision followed as activist investor Elliott Management ... Earlier reports indicated that Saudi Aramco had expressed interest in Castrol. While no bidder has been officially named, ...