News and Announcements

BP sells majority stake in Castrol to Stonepeak for $10bn

By Frank Prenesti

Date: Wednesday 24 Dec 2025

(Sharecast News) - BP has confirmed the sale of a majority stake in its Castrol lubricants division to US infrastructure investment firm Stonepeak in a deal that values the business at about $10bn including debt.
The sale is part of the energy giant's plant to offload $20bn in assets by 2027...

Sign up for free or to read the full story

Email this article to a friend

or share it with one of these popular networks:


Article Archive

Top of Page