The German Economy Ministry is reviewing a planned sale of a western German oil refinery owned by British energy firm BP to ...

Deal is free cash flow accretive, lowers cash breakeven for BP's BP's cost reduction target now $6.5-$7.5 billion by 2027 Sale follows December's Castrol business divestment BP said on Thursday it ...

BP offloads its German refinery as it raises its cost-cutting target to $7.5 billion by 2027 BP PLC (LSE:BP.), the British ...

The nationality of Klesch Group owner Gary Klesch, who has given up his U.S. citizenship to become British, is one reason for the review of the planned deal.

The exemption, issued by the US Treasury on Thursday, allows transactions with Rosneft’s German subsidiaries, including the ...

BP has agreed to sell its giant German oil refinery site in Gelsenkirchen to the investment firm Klesch Group as part of the British oil company's plan to sell off $20 billion worth of assets and cut ...

The refinery Scholven operates as part of BP's giant German oil refinery site that processes about 12m tonnes of crude oil every year in Gelsenkirchen, Germany, Thursday, March 26, 2026.

BERLIN, April 9 (Reuters) - Germany's economy ministry has started an investment review of investment firm Klesch Group's ...

BP (BP) said Thursday it agreed to sell its Gelsenkirchen refinery in Germany to Klesch Group for an undisclosed sum and raised its cost reduction target, as the company continues to simplify its ...

Giant oil tanks are lined up one after the other at the refinery Horst where fuels are produced as part of BP's giant German oil refinery site that processes about 12m tonnes of crude oil every year ...

BERLIN, April 9 (Reuters) - Germany's economy ministry has started an investment review of investment firm Klesch Group's ...