Russia’s Rosneft acquires Shell’s 37.5% stake in German refinery PCK Schwedt

Industry:    2021-11-18

Russian oil giant Rosneft has acquired Shell’s 37.5% stake in German refinery PCK Schwedt, it said on Wednesday, exercising an option to buy and taking its shareholding to 91.67%.

Italy’s Eni holds an 8.33% stake in the refinery.

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