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"bp to divest 50% stake in Lightsource bp to strategic partner" was originally created and published by Power Technology, a ...
The divestment aims to streamline BP’s portfolio and strengthen its financial footing amid strategic recalibration under CEO Murray Auchincloss. According to sources familiar with the matter ...
British oil giant bp said Monday it plans to divest its suite of US onshore wind ... that “Renewables are an important part of our strategy as bp transitions to an integrated energy company.
Bloomberg reported that BP Plc (NYSE:BP) is considering selling its Castrol lubricant business as part of an ongoing ...
The group has already contacted potential private equity and strategic bidders ... to a Reuters query, BP did not comment on the details of Castrol's sale but said its divestment programme was ...
Currently, the company plans to divest $20 billion in assets by 2027 ... the coming weeks could be critical in determining BP’s strategic direction and leadership stability.
"Three big things we've done: reducing capex, reducing costs, material divestment with an outcome ... built a significant stake in the company. BP's strategy reset - key changes "The updated ...
That’s because, the heart of BP’s 2020 Strategic Plan was to cut investment in oil and gas production and to divest projects right at the bottom of the commodity price cycle. As a result ...
BP Plc is off to a “great start” in its strategy reset and can follow through ... the company is on track and its $20 billion divestment program could actually be assisted, Auchincloss said.
In February, BP revealed a new growth strategy focused on extracting more ... made six exploration discoveries and have progressed our divestment programme – all while delivering strong ...
In February, BP revealed a new growth strategy focused on extracting more oil and gas ... made six exploration discoveries and have progressed our divestment programme – all while delivering strong ...