On November 2, BP announced that it had completed the sale of 65% of Castrol's shares to StonePeak, with a capital of 6 billion US dollars after income tax. BP said it will use the funds to further reduce the financial burden and retain 35% of Castrol's shares. Once the deal is completed, Castrol will operate as an independent company with independent management, governance structure and strategic priorities.

On November 2, BP announced that it had completed the sale of 65% of Castrol's shares to StonePeak, with a capital of 6 billion US dollars after income tax. BP said it will use the funds to further reduce the financial burden and retain 35% of Castrol's shares. Once the deal is completed, Castrol will operate as an independent company with independent management, governance structure and strategic priorities.