bp's Gelsenkirchen refinery attracts buyer's interest from Klesch
2/10/2026 12:00:00 PM
bp is in talks to sell its German oil refinery site in Gelsenkirchen to investment firm Klesch Group, news site Politico reported, citing two people familiar with the matter.
bp said about a year ago that it was looking to sell its Gelsenkirchen refinery and its mobility and convenience businesses in Austria, part of a broader asset sale plan.
At the time, bp said it was targeting a sales agreement for the Gelsenkirchen business, also known as Ruhr Oel GmbH - bp Gelsenkirchen, during 2025. Klesch, which has offices in London and Geneva, owns the Heide refinery in northern Germany and the Kalundborg refinery in Denmark.
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