The valuation of the Castrol business is estimated at $6bn–8bn, as noted by investment banking firm Panmure Liberum. Saudi Aramco is exploring whether to bid for part or all of

Saudi Aramco is in the early stages of considering a potential bid for BP's lubricant business Castrol, according to a person with knowledge of the matter. BP has been exploring all options around its Castrol business,

Saudi Aramco, the world’s largest energy company, is evaluating the possibility of acquiring part or all of BP’s lubricant business, which operates under the Castrol brand, Bloomberg reported.

Saudi Arabian Oil Co. (Saudi Aramco) is considering a potential bid to acquire BP’s lubricants assets, including those operating under the Castrol bra

Shares of lubes maker Castrol India, a unit of BP, surged more than 13 per cent on the bourses on Thursday amid reports that Saudi Arabia's state-owned oil giant Aramco is considering taking ownership of BP's lubricant brand.

Saudi Aramco is considering a potential bid for BP's Castrol lubricants business, according to a Bloomberg News report on Wednesday, citing sources familiar with the matter.

Saudi Aramco, the world’s largest energy company, is exploring the possibility of bidding for part or all of BP’s lubricant business, which operates under the Castrol brand name.

Castrol India stock skyrocketed over 13% on news of Aramco's potential acquisition of BP's lubricant division, which operates under the Castrol brand. The move could see Castrol assets combined with Aramco's Valvoline lubricants unit.

SAUDI Aramco is considering a potential offer for lubricant assets being sold by BP, as the Middle Eastern company pushes for acquisitions that deepen its reach in oil consuming countries, according to people with knowledge of the matter.

According to reports, Saudi Aramco is considering to buy BP's lubricant division, which operates under the Castrol brand