BP to Sell Stake in US Midstream Assets for $1.5B as Part of $20B Divestment Plan

BP to sell stake in US midstream assets for $1.5B as part of $20B divestment plan

BP Monetizes U.S. Midstream Stakes — $1.5 Billion Sale to Sixth Street ...

BP Agrees to Sell Stakes in US Shale Assets for $1.5 Billion

(Bloomberg) — BP Plc agreed to divest stakes in US shale assets to Sixth Street for $1.5 billion as it seeks to shore up its balance sheet and win back investor confidence.

BP to Sell Stakes in Permian, Eagle Ford Assets for $1.5 Billion

BP Plc agreed to divest stakes in US shale assets to Sixth Street for $1.5 billion as it seeks to shore up its balance sheet and win back investor confidence.

BP to sell interests in US midstream assets to Sixth Street for $1.5bn - What does this mean for investors?

In a strategic move to streamline its portfolio and unlock capital, BP plc announced on November 3, 2025, the divestment of non-controlling interests in its US onshore midstream assets to funds managed by investment firm Sixth Street for a total consideration of $1.5 billion. This transaction aligns with BP’s broader goal of achieving $20 billion in divestments by the end of 2027, as outlined in its February 2025 Capital Markets Update. Below, w…

BP to Sell US Pipeline Stakes for $1.5 Billion Amid Debt Reduction Push

BP to Sell US Pipeline Stakes for $1.5 Billion Amid Debt Reduction Push Daniel Onyango Mon, 11/03/2025 - 13:59 Energy giant BP PLC has agreed to sell minority stakes in some of its U.S. onshore pipeline assets to investment firm Sixth Street for $1.5 billion, the company said on Monday, November 3, 2025. The sale includes infrastructure supporting BP's operations in the prolific Permian and Eagle Ford basins, as well as key oil-producing region…