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

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 ...

Abu Dhabi’s Adnoc is evaluating potential bids for BP’s gas and LNG assets through its XRG unit, amid speculation that the ...

BP Plc, battling to contain the biggest oil spill in U.S. history in the Gulf of Mexico, rose on reports it is selling assets in Alaska and Exxon Mobil Corp. may consider a bid for the company.

The lubricants unit is now viewed as a valuable standalone asset. Analysts at Bernstein estimate that the sale could fetch $10-$11 billion, making it one of the largest in BP’s current ...

The firm, led by the bare-knuckled Paul Singer, has amassed a 5% stake and is reportedly calling for BP to sell off assets ... into anything near a fire sale, then somebody acquiring it would ...

The share price weakness means BP's market capitalisation now stands at around £57bn, well short of the estimated £120bn value of its assets ... The offer for sale of the Castrol lublicants ...

BP plc BP, the UK-based energy major, has officially launched the sale of its Castrol lubricants business, marking a significant move in the British energy giant’s plan to raise $20 billion by 2027 ...