The two firms signed a memorandum of understanding to invest in a one million ton per annum acetic plant together with allied gassification facilities for the production of synthesis gas. The unit ...

Canada Pension Plan Investment Board and U.S. private equity firm Stonepeak will launch an offer to purchase a stake of up to ...

Castrol India is set for a significant ownership change as Stonepeak, a New York-based investment firm, will acquire a ...

Stonepeak transaction has brought Castrol India into focus, but while margins, cash flows and brand strength remain robust, ...

Castrol India shares rose after global oil giant BP reached an agreement to offload a 65 per cent stake in Castrol at an ...

In a major development for Indian investors, BP's agreement to sell a 65 percent stake in its iconic Castrol lubricants ...

Shares of Castrol India rose as much as 8.85% to hit an intraday high of ₹202.40, after BP announced that it has reached an ...

Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. The world’s third-largest oil importer, India, will be the biggest source of ...

NEW DELHI (Reuters) - India has the potential to unlock gas reserves of at least 10-15 trillion cubic feet (tcf) by 2022 on the basis of discoveries made so far, Sashi Mukundan, country head for BP ...

The British oil giant BP has said it would pay $7.2 billion to buy into India’s fast-growing oil and gas industry. It is yet another big deal for BP, as it seeks to recover from the after-shocks of ...

CPPIB and Stonepeak will launch a Rs 4,990 crore open offer to buy up to 26% of Castrol India at Rs 194 per share following ...

Following last year's spill in the Gulf of Mexico BP undertook an aggressive divestiture strategy to compensate the victims of the disaster, unloading assets around the world to raise billions. The ...