Klesch in talks with BP (BP / LN) on Gelsenkirchen refinery, Politico reports
Klesch's negotiations with BP regarding the Gelsenkirchen refinery signal potential strategic shifts in the European energy landscape.
Mexican President Sheinbaum says Mexico's oil shipments to Cuba have halted at the moment
BoE long-term GBP 0.75bln Gilt sale: b/c 1.59x
Klesch in talks with BP (BP / LN) on Gelsenkirchen refinery, Politico reports
Venezuela's crude production nears 1mln BPD following output cut reversal, according to reports
UK Chancellor Reeves backs PM Starmer
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
This could indicate Klesch's focus on expanding its refining capabilities, while BP may be looking to streamline its operations or divest non-core assets. Traders should monitor how this affects BP's valuation and the broader market sentiment toward refining stocks in the region.
Related headlines
- CRUDE WRAP: WTI (V6) SETTLES USD 4.46 HIGHER AT USD 90.22/BBL; BRENT (X6) SETTLES USD 4.16 HIGHER AT USD 94.65/BBL1 day ago
- US VP Vance says about 15mln barrels of oil went through Strait of Hormuz yesterday31 min ago
- Iran Energy Minister says a large portion of the damage to energy facilities during the two recent wars has been repaired1 hour ago
- US Secretary of State Rubio says Cuban regime continues to pose a deep threat to US2 hours ago
- Saudi Arabia reportedly sets October Arab light crude oil OSP to Asia at minus USD 2/bbl vs Oman/Dubai average, according to a pricing document3 hours ago
- US President Trump's administration is reportedly ratcheting up its fight to get more oil flowing from California, AP News reports4 hours ago
- Russian Deputy PM Novak says Russia is experiencing some gasoline shortages7 hours ago
- Lloyd’s of London expects losses of GBP 1.4bln in the Gulf region from the US-Iran war, FT reports 7 hours ago
- Kazakhstan’s August oil and gas condensate production rose 11% M/M, sources say10 hours ago
- Kazakhstan's oil and gas condensate output rose 11% M/M in August vs the prior month10 hours ago
- US retail diesel has hit a four-year high, attributed to global supply issues 11 hours ago
- Russia Deputy PM Novak says Russia is to slightly lower oil output in 2026, Tass reports12 hours ago
- Russian Deputy PM Novak says OPEC's role in the market remains important; will continue to exert significant influence on the oil market because of its high output12 hours ago
- CRUDE WRAP: WTI (V6) SETTLES USD 0.79 HIGHER AT 91.01/BBL23 hours ago
- White House says that barrels from Venezuela deal could hit reserves in the US in November1 day ago
- Venezuealan Government and Chevron (CVX) confirm they have signed agreements for oil expansion projects1 day ago
- Venezuelan Government and Italy's Eni (ENI IM) sign agreements for oil expansion projects1 day ago
- Traders said Russian ESPO blend for November delivery rose to a premium of USD 7–10/bbl over ICE Brent1 day ago
- US SPR falls to 286.6mln from 289.7mln, -3.1mln1 day ago
- EIA Expectations: Crude -0.8M, Distillate -1.3M, Gasoline -2.4M1 day ago
The whole workspace, free to try.
Try it free