BP to sell majority stake in $10bn Castrol to pay down debt
UK oil and gas major steps up asset sales under new chair Albert Manifold
UK oil and gas major steps up asset sales under new chair Albert Manifold

British oil company has been trying to sell the business as part of efforts to raise $20bn from asset sales

Shareholders will challenge oil major over ‘undisciplined capital allocation’

Meg O’Neill plans to return oil group to structure before its complicated 2020 reorganisation

UK oil major lost two votes at its annual shareholder gathering over climate disclosures and electronic meetings

Future of UK oil major has been an open question for months as its shares have continued to slide

Oil major will cut investment over next five years from $30bn to $20bn