Saudi Aramco Might Bid for BP’s Castrol Lubricant Assets
BP will look to divest its lubricants unit, which operates under the Castrol brand and could potentially be worth about $10 billion. (Waldo Swiegers/Bloomberg) Saudi Aramco is considering a potential offer for lubricant assets being sold by BP Plc, as the Middle Eastern company pushes for acquisitions that deepen its reach in oil consuming countries, ...more