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Oil change: BP to exit Castrol India
MUMBAI: Castrol India is set for a change in ownership, with New York-based investment firm Stonepeak to acquire a majority stake in the lubricants maker from Britain’s BP as part of a $6-billion ...
NEW DELHI, Dec 29 (Reuters) - India is seeking over $30 billion in compensation from Reliance Industries (RELI.NS), opens new tab and BP (BP.L), opens new tab in an arbitration case for gas it says ...
BP p.l.c. is divesting 65% of its Castrol brand to Stonepeak for $6 billion, accelerating its $20 billion divestment plan. BP will use the $6 billion proceeds to reduce net debt, targeting a $14B–$18B ...
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