Saudi Aramco weighs bid for BP’s Castrol lubricant assets

Saudi Aramco eyes acquisition of bp’s Castrol lubricants business
The valuation of the Castrol business is estimated at $6bn–8bn, as noted by investment banking firm Panmure Liberum. Saudi Aramco is exploring whether to bid for part or all of
Saudi Aramco exploring initial bid for BP's Castrol unit, source says
Saudi Aramco is in the early stages of considering a potential bid for BP's lubricant business Castrol, according to a person with knowledge of the matter. BP has been exploring all options around its Castrol business,
Aramco mulls bid for BP’s Castrol lubricant assets: Report
Saudi Arabian Oil Co. (Saudi Aramco) is considering a potential bid to acquire BP’s lubricants assets, including those operating under the Castrol bra
Castrol India stock surges over 13% amid Aramco's likely bid for BP's lubricant business
According to reports, Saudi Aramco is considering to buy BP's lubricant division, which operates under the Castrol brand
Castrol India share price jumps 6% amid reports of potential Saudi Aramco bid for BP’s lubricant business
Saudi Aramco, the world’s largest energy company, is evaluating the possibility of acquiring part or all of BP’s lubricant business, which operates under the Castrol brand, Bloomberg reported.
Saudi Aramco considers bid for BP’s Castrol lubricant assets - Bloomberg
Castrol lubricant business, which could be worth as much as ~$10B, Bloomberg reported Wednesday. Aramco (ARMCO) reportedly is studying whether to bid for part or all of the business, and could look to combine the Castrol assets with its Valvoline lubricants unit,
Aramco signals sharply lower dividends as special payout shrinks
By Yousef Saba DUBAI (Reuters) -Saudi oil giant Aramco signalled on Tuesday it will slash its dividend payouts by nearly a ...
Low energy prices sting Aramco profits and squeeze the Saudi kingdom’s development plans
Saudi Arabia’s state-owned oil giant reported a $106.25 billion profit in 2024, down 12% from the prior year as the lower ...
Aramco Trims World’s Biggest Payout in Blow to Saudi Budget
Aramco plans to trim the world’s biggest dividend, lowering a key source of funds for Saudi Arabia’s budget while relieving ...
Aramco CEO Sees Strong Oil Demand Amid OPEC+ Output Revival
Global oil demand will hit a record this year as Asian countries, particularly China and India, continue to expand ...
Aramco Expects Lower 2025 Dividend After Net Income Fall
Saudi Arabia’s national oil company said it anticipates lower shareholder returns this year after 2024 net profit fell to ...
Middle Eastern bourses end mixed, Aramco drags Saudi
Stock markets in the Gulf ended mixed on Tuesday as new U.S. tariffs threatened to escalate global trade tensions, while ...
Sonatrach and Saudi Aramco Cut March LPG Prices by 1-3%
(Reuters) - Saudi Aramco and Algeria's Sonatrach have cut March's official selling prices (OSPs) for liquefied petroleum gas ...
Aramco Digital Partners with Diversys Software to Power a Circular Economy in Saudi Arabia
Diversys Software, a leader in digital solutions for waste and resource management, announced its partnership with Aramco Digital to accelerate the Kingdom of Saudi Arabia's commitment to a circular ...