Castrol India is set for a change in ownership, with New York-based investment firm Stonepeak to acquire a majority stake in ...

This move aims to cut debt and boost returns, with BP retaining a 35% stake in a new joint venture. The deal, valued at $10.1 ...

Castrol India shares jumped 9% during the stock market session on 24 December 2025, after the company's parent firm, BP, ...

Stonepeak's open offer for Castrol India at a modest premium is unlikely to move the stock significantly, analysts say, with ...

A major stake in Castrol changes hands as BP restructures its involvement, marking a new phase for the 126-year-old lubricant ...

India now ranks third globally in fuel retail network after the US and China, each of which operates 110,000-120,000 pumps ...

Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, today announced an agreement to acquire a majority controlling interest in Castrol (or "the Company"), ...

The company will sell a 65% stake in Castrol as part of its overall plan to divest $14-18 billion by end-2027 to cut net debt ...

India's petrol pump network crosses 1 lakh, doubling since 2015. State-owned firms expand in rural areas. Third largest ...

India's petrol pump network has surpassed 100,000 outlets, nearly doubling in the last decade. This expansion has improved fuel access in rural areas and intensified competition. While private players ...

With this expansion, India now operates the world's third-largest network of fuel stations, trailing only the United States and China, which each have roughly 110,000-120,000 pumps spread across much ...