BP sells German refinery, aiming to finalize the 2025 deal while exploring biofuels growth.
BP is selling its Ruhr Oel GmbH refinery in Germany, aiming to finalize the deal in 2025. The refinery, which employs about 2,000 people and processes around twelve million tonnes of crude oil annually, will continue regular operations during the sale. BP plans to simplify its portfolio, and the new owner could potentially enhance the site’s capabilities in biofuels and recycled plastics.
2 months ago
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