--BP PLC (BP.LN) has launched a sale of U.S. onshore oil and gas assets that could raise more than $3 billion and help pay for fields it bought from BHP Group PLC (BBL), Reuters reports, citing unnamed sources.

--Reuters says the oil and gas company has started the process to sell seven packages in U.S. shale basins, with interested buyers including Carlyle Group L.P. (CG) and Warburg Pincus L.L.C. (WBP.XX).

--BP was approached for comment by Dow Jones but declined.

Full story: https://reut.rs/2EwNHac

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(END) Dow Jones Newswires

December 19, 2018 06:48 ET (11:48 GMT)

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