business
BP's Big Move: Selling Castrol for Billions
December 24, 2025
BP, a major player in the oil industry, has made a significant decision to sell a large portion of its motor oil brand, Castrol. The buyer is a US investment company called Stonepeak, which is paying a huge sum of $6 billion for a 65% stake in Castrol. This deal values Castrol at $10. 1 billion, and