BP Announces Plan to Sell Ruhr Oel Refinery in Gelsenkirchen

The decision affects over 2,000 employees and aligns with BP's global strategy to refocus on evolving energy markets.

BP has announced its intention to sell its subsidiary Ruhr Oel GmbH, including two major refinery sites in Gelsenkirchen, Germany.
The sale impacts approximately 2,200 employees, including 160 apprentices, across refinery operations and associated facilities in Gelsenkirchen, Bottrop, and Mülheim.
BP's leadership stated the decision is part of its broader strategy to streamline operations and focus on emerging energy solutions, such as biobased fuels and plastic recycling.
The refineries, which process crude oil into fuels and petrochemical products, have faced challenges with high costs and reduced competitiveness in recent years.
BP aims to finalize binding agreements for the sale by the end of 2025, pending regulatory and governmental approvals, while maintaining regular operations during the transition.