Shell to sell Schwedt refinery stake to UK’s Prax Group


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Shell said on Friday it had agreed to sell its 37.5% stake in the PCK Schwedt oil refinery, which supplies most of Berlin’s fuel, to Britain’s Prax Group, attempting to draw a line under its co-ownership of an asset majority-owned by Russia’s Rosneft.

https://www.reuters.com/business/energy/shell-agrees-sell-stake-germanys-schwedt-refinery-prax-group-2023-12-15/