BP to Sell Majority Stake in $10 Billion Castrol Lubricants Unit

  • Posted on December 24, 2025
  • By Google News
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BP to Sell Majority Stake in $10 Billion Castrol Lubricants Unit

BP Plc agreed to sell a majority stake in its Castrol lubricants division to US investment firm Stonepeak Partners, marking a key milestone as the oil and gas major seeks to reduce debt and reset its business.
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