BP has sold a 65% stake in its motor lubricant arm Castrol to US-based investment firm Stonepeak.
UK oil and gas major steps up asset sales under new chair Albert Manifold
The oil giant is looking to divest $20 billion of its assets by the end of 2027.
Il colosso petrolifero britannico ha annunciato la vendita del 65% delle quote della controllata al fondo di investimento statunitense Stonepeak
BP is selling its $10 billion, majority stake in Castrol to U.S. investment company Stonepeak in an effort to pay down its debt. It will keep 35%.