Anyone hearing news about Castrol I know as with others there is an announcement in September. Anything else brewing there?
4 replies (most recent on top)
the NOCs are looking at Petchems businesses that will last the longest, Castrol is not that strong anymore from a brand perspective and C&P will look awfully bare without the $1bn of Castrol a year, so for all the wrong reasons, Castrol will most likely stay in the BP stable of brands....
Sell Castrol to someone who cares and reinvest the capital in production. Problem solved.
We at Castrol keep hearing this every year. Sadly, it never comes truth.
Would be good for both Castrol and BP, though. Not a good match, on fundamental level.
Please sell us to Saudi Aramco.
Watch for massive changes in the Permian, Eagleford, Reserves Group, and a few others.