BP has implemented various projects in recent years to modernise the refinery’s infrastructure in Gelsenkirchen. Credit: bp.

BP Europa is seeking potential buyers for the BP Gelsenkirchen refining site in Germany and related refinery assets.

The marketing process, which will start immediately, includes the BP refinery in Gelsenkirchen and DHC Solvent Chemie in Mülheim an der Ruhr.

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BP intends to finalise sales agreements later this year, with completion subject to approvals from regulatory and governmental authorities.

BP EVP for customers & products Emma Delaney said: “bp needs to continually manage its global portfolio as we position to grow as a simpler, more focused, higher-value company. After a thorough review, we have concluded that a new owner would be better suited for the site to take it forward. We are convinced that the refinery can unlock its full potential under new ownership.” 

The move is part of bp’s broader strategy to reshape its business portfolio in response to the evolving energy landscape.

In preparation for the sale, bp has undertaken several projects to modernise the infrastructure at the Gelsenkirchen refinery.

The improvements include upgrading the power grid and setting up an independent steam supply, ensuring the site’s capability to meet the demands of modern refinery operations.

The transformation of the Gelsenkirchen site, which began in 2024, is aimed at reducing the complexity and processing capacity of the refinery.

Despite these changes, the refinery retains the ability to process a variety of crude oils from across the globe.

It produces high-quality fuels and has the potential to manufacture biofuels and process recycled plastics, aligning with bp’s strategic shift towards more sustainable energy solutions.

BP Europa chief executive Patrick Wendeler added: “With significant investments, we have been able to substantially modernise our site in recent years. Due to its current production capabilities and its location – in the heart of Europe and particularly within the chemical cluster of North Rhine-Westphalia – it offers significant potential to a new owner supported by a highly qualified team.”