BP German Refinery Sales Continue Downward European Refining Trend

February 13, 2025--Written by Paul Wiseman for Industrial Info Resources (Sugar Land, Texas)--Written by Paul Wiseman for Industrial Info Resources (Sugar Land, Texas)--Petroleum giant BP (NYSE:BP) (London, England) has announced that it intends to sell its 140,000-barrel-per-day (bpd) Gelsenkirchen Scholven Refinery and its 120,000-bpd Horst Refinery, both located in Germany, according to IIR data. It had previously announced its intention to permanently close the 70,000-bpd crude distillation unit and a 40,000-bpd vacuum distillation unit at the Scholven Refinery. Whether the refinery sales will cause BP to reconsider the distillation unit closings remains to be seen.