However, the deal will contribute meaningfully toward bp’s annual divestment target and long-term transformation agenda. Further updates are expected in BP’s Q2 2025 earnings report.

BP has agreed to sell its 300 Dutch petrol stations to Dutch fuel distribution and trading company Catom as part of its plan to divest $20 billion worth of assets by 2027, BP said on Wednesday ...

BP (NYSE:BP) said Wednesday it agreed to sell its mobility and convenience and BP Pulse businesses in the Netherlands to Catom, part of the company's $20B divestment program; BP did not provide a ...

BP plc BP, the UK-based energy major, has officially launched the sale of its Castrol lubricants business, marking a significant move in the British energy giant’s plan to raise $20 billion by ...

BP has reversed its renewable energy ambitions to refocus on oil and gas production, appointing a new chair and selling off ...

BP now aims to grow oil and gas production to between 2.3 million and 2.5 million barrels of oil equivalent per day (boepd) in 2030. It pumped 2.36 million boepd in 2024. "It's a radical shift ...

BP (NYSE: BP) said Wednesday it agreed to sell its mobility and convenience and BP Pulse businesses in the Netherlands to Catom, part of the company's $20B divestment program; BP did not provide a ...

Analysts at Bernstein estimate that the sale could fetch $10-$11 billion, making it one of the largest in BP’s current divestment pipeline. BP Sharpens Focus With Exit From Non-Core Businesses ...