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 ...

BP retains 35% interest in new joint venture with Stonepeak Sale proceeds to reduce BP's debt, includes $800 million for dividends Canada Pension Plan to invest $1.05 billion, gain indirect stake in ...

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Stonepeak will acquire 65% of lubricants business as part of wider plans for the oil company to pay down its debt Business live – latest updates BP has agreed to sell a majority stake in its $10bn (£7 ...

Quick-lube oil changes use $3 filters without anti-drainback valves, causing dry starts that grind metal and destroy engines ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. BP has agreed to sell a majority stake in its Castrol lubricants division to US infrastructure group Stonepeak ...

BP said it has agreed to sell a majority stake in its Castrol lubricants business to investment firm Stonepeak, a deal that values the entire division at $8 billion. Under the deal, BP is set to ...

Climate change presents a major threat to long-term growth and prosperity, and has a direct impact on the economic wellbeing of all countries. The IMF has an important role to play in helping its ...

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Climate change refers to a statistically defined change in the average and/or variability of the climate system, this includes the atmosphere, the water cycle, the land surface, ice and the living ...

Under the deal, BP is set to receive roughly $6 billion in proceeds from the sale of a 65% stake to Stonepeak.

File sharing between devices can feel complicated if you’ve never given it much thought. But, in reality, that couldn’t be further from the truth. Quick Share makes sending and receiving whatever ...