BP PLC Share Price Decline
BP PLC, a global energy company operating in the oil, gas and consumable fuels sector, has experienced a decline in its stock price over the past three years. The company’s share price has fallen from approximately 4.31 GBP in May 2022 to around 3.56 GBP in May 2025.
Financial Impact
The decline in share price has resulted in a substantial loss for investors who had invested in the company at that time. The exact financial impact of the decline is not specified in this report.
Business Development
Despite the decline in share price, BP continues to explore new opportunities. The company is currently considering the sale of its Castrol business, which has attracted interest from various companies, including:
- Reliance Industries
- Apollo Global Management
Strategic Partnerships
BP has also strengthened its ties with China by signing a long-term LNG supply deal with Zhejiang Energy. This partnership is expected to provide a stable source of revenue for the company.