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BP to Sell Gelsenkirchen Oil Refinery in Germany

Primul articol: 19 mar. 2026, 13:20 | Ultima actualizare: 19 mar. 2026, 13:20 | 1 sursa | 1 articol

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BP is divesting its Gelsenkirchen refinery in Germany as part of a broader strategy to reduce costs by $20 billion and transition towards more sustainable energy sources. This move signifies a significant shift in BP's portfolio, prioritizing investments in renewable energy and lower-carbon technologies. The sale marks a continuation of BP's efforts to streamline its operations and reduce its reliance on traditional fossil fuels.

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BP to sell German oil refinery as part of $20bn cost-cutting plan Foto: The Guardian
The Guardian English 19 mar. 2026, 13:20 (acum 2 ore)

BP to sell German oil refinery as part of $20bn cost-cutting plan

Energy company plans full return to London by moving global HQ to new development on South BankBusiness live – latest updatesBP has agreed to sell its giant German oil refinery site in Gelsenkirchen to investment firm Klesch Group as part of the British oil company’s plan to sell off $20bn (£15bn) worth of assets and cut its costs.The value of the sale was not disclosed but BP said it would save the oil company about $1bn of underlying operating expenditure at the complex, which processes about

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