EnergyReader · 2026-08-03 10:05

BP Closes Gelsenkirchen Refinery Sale as Portfolio Overhaul Accelerates

By EnergyReader Newsroom · August 3, 2026

BP completed the sale of its Gelsenkirchen refinery in Germany to Klesch Group on Monday (2026-08-03), with the transaction expected to trim around $1 billion from the company's underlying operating expenditure, BP said. No financial terms were disclosed.

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