Saudi Aramco Considers Bid for BP's Castrol Assets, Bloomberg Says, Citing Sources

Dow Jones

Mar 06, 2025

--Saudi Aramco is considering a bid for BP's Castrol assets and could look to combine them with its Valvoline lubricants unit, Bloomberg reports, citing unnamed sources.

--The oil giant's deliberations are at an early stage and it could make a bid for all or part of the business but is particularly interested in Castrol's operations in fast growing markets like India, Bloomberg says.

--Representatives for Aramco and BP declined to comment, Bloomberg says.

Full story: https://shorturl.at/ihu4s

Write to Adam Whittaker at adam.whittaker@wsj.com

(END) Dow Jones Newswires

March 06, 2025 01:21 ET (06:21 GMT)

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