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BP puts German refinery up for sale
BP plans to sell its BP Gelsenkirchen refining site in Germany, it announced on Thursday, as CEO Murray Auchincloss pushes on with plans to cut costs by at least $2 billion.
BP to Sell German Refining, Chemicals Assets on High Costs
BP Plc plans to sell oil refining and chemical assets in Germany, as the company scales back operations in the country due to high costs.
BP Europa seeks new owner for German refinery
BP Europa is seeking potential buyers for the BP Gelsenkirchen refining site in Germany and related refinery assets. The marketing process, which will start immediately, includes the BP refinery in Gelsenkirchen and DHC Solvent Chemie in Mülheim an der Ruhr.
BP seeks buyers for German refinery assets
BP on Thursday said BP Europa SE will seek potential buyers for its German refinery assets. BP in March 2024 announced its plans to reduce the crude processing capacity of the country's Gelsenkirchen oil refinery by around one-third from 2025 due to a weaker demand outlook.
1d
BP now stands for ‘Best Partitioned’
BP made a big deal of repositioning itself as “Beyond Petroleum”. Then-CEO John Browne’s attempt to embrace lower-carbon ...
3d
on MSN
BP Stock Has Fallen Behind. What It Must Do to Catch Back Up.
BP has been falling behind its peers for years. If it doesn’t narrow the gap, its days as an independent company could be ...
31m
on MSN
BP Chief speaks on arrival of National Guardsmen
The National Guard, currently performing non-immigration duties, may change roles following President Donald Trump’s ...
2d
The list of major companies laying off staff in the new year, including Salesforce, Meta, Microsoft, and BP
Companies have continued to cut jobs in 2025 after a wave of layoffs last year. Meta, Microsoft, BlackRock, and Ally are ...
8d
BP: 2025 Will Make Or Break The Stock
BP p.l.c. is considered a value opportunity among global majors despite underperforming, with potential for growth. Learn ...
3d
BP Pauses Renewable-Fuels Project in Australia Amid Cost Cuts
BP Plc is pushing back plans to make renewable fuels on the site of its former Kwinana oil refinery in Australia, amid a ...
Zawya
1d
Bp announces successful completion of drilling of “El King-2” exploration well
Cairo: bp has successfully completed the drilling activity at the “El King-2” exploration well in the North King Mariout ...
3d
Exclusive: BP poised to invest up to $25 billion in Iraq’s Kirkuk oil and gas
Oil major BP is expected to spend up to $25 billion over the lifetime of a project to redevelop four Kirkuk oil and gas ...
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