{"id":360317,"date":"2020-06-30T11:51:25","date_gmt":"2020-06-30T06:21:25","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=360317"},"modified":"2020-06-30T12:22:49","modified_gmt":"2020-06-30T06:52:49","slug":"bp-sells-petrochemical-arm-to-ineos-for-5-billion","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/bp-sells-petrochemical-arm-to-ineos-for-5-billion\/","title":{"rendered":"BP sells petrochemical arm to Ineos for $5 billion"},"content":{"rendered":"<p>British energy group BP, hit hard by the coronavirus pandemic slashing demand for oil, announced Monday the sale of its petrochemical business to rival Ineos for $5.0 billion (4.4 billion euros). <\/p>\n<p>&#8220;The agreed sale&#8230; will further strengthen BP&#8217;s balance sheet and delivers its target for agreed divestments a year earlier than originally scheduled,&#8221; a statement said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>British energy group BP, hit hard by the coronavirus pandemic slashing demand for oil, announced Monday the sale of its petrochemical business to rival Ineos for $5.0 billion (4.4 billion euros). &#8220;The agreed sale&#8230; will further strengthen BP&#8217;s balance sheet and delivers its target for agreed divestments a year earlier than originally scheduled,&#8221; a statement said.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[146,130,177],"tags":[],"class_list":["post-360317","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-oil-gas-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/360317","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=360317"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/360317\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=360317"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=360317"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=360317"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}