News
05 August 2026

bp completes Germany refinery sale

In:
Chemicals/Petrochemicals, Oil & gas
Region:
Europe

bp has completed the sale of the Gelsenkirchen refinery and related businesses in Germany to Klesch Group. The transaction is expected to reduce bp's underlying operating expenditure by around $1 billion. The sale transfers the associated assets and liabilities to Klesch Group and is free...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Perspective
07 August 2026

Asia export finance: More grey than green

Asia’s export finance market is open and institutionally committed — but quieter on volume, stricter on content, and leaning on LNG and strategic supply chains rather than a...

Perspective
14 August 2026

ECA volumes cruise well in H1

With a total aggregated debt volume of $70.8 billion in the first half this year, ECA activity was solid but not necessarily in the sectors it needs to be to realise the race...