BP

Global Market Insights

BP Warns of Up to $5 Billion in Energy Transition Writedowns
ByAyesha Sadeeqa January 14, 2026January 14, 2026

We start with a major update from BP, one of the world’s largest energy companies. In January 2026, the company warned it could record up to $5 billion in writedowns due to its energy transition projects. This announcement comes alongside weaker oil trading and signals a shift in BP’s strategy as the global energy market evolves….

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UK Stocks

BP Selling (LSE: BP.L): Castrol Valued at $10.1B as Stonepeak Buys 65% Stake
ByZehra Naz December 24, 2025December 24, 2025

On December 24, 2025, BP announced a major change in its business plans. The British energy giant said it will sell 65% of its Castrol lubricants unit to the U.S. investment firm Stonepeak. This deal values Castrol at about $10.1 billion. Castrol is a well-known brand that makes oil and lubricants for cars and machines…

Read More BP Selling (LSE: BP.L): Castrol Valued at $10.1B as Stonepeak Buys 65% Stake