BP's Strategic Shift: Divestment, New Leadership, and Project Wins

BP is making significant strategic shifts, selling a majority stake in Castrol for $10B, focusing on high-return oil and gas operations, and preparing for a leadership change. The Castrol sale aims to strengthen the balance sheet and fund key investments. BPs operations are thriving, with the successful startup of the Atlantis Drill Center in the U.S. Gulf of Mexico. These moves signal a streamlined focus on oil and gas as BP heads into 2026.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.