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The Prax Group has announced that it has signed a Sales and Purchase Agreement (SPA) to acquire a 37.5% interest in PCK Schwedt Refinery (“PCK”) and its associated logistic assets from Shell Deutschland GmbH. PCK is jointly owned by Shell Deutschland GmbH (37.5%), Rosneft Deutschland GmbH (“RDG”) (37.5%) and AET (25%).
Dec 15, 2023 · The FTSE 100 oil and gas giant is selling its 37.5 per cent stake in the PCK refinery in Schwedt, north-east Germany to the London-based oil supply conglomerate Prax Group.
- Rachel Millard
Nov 8, 2023 · German court has issued a ruling against the national government in an ongoing dispute over the ownership of the PCK Schwedt refinery, previously seized from Russian oil giant Rosneft PJSC ...
Jul 8, 2021 · Shell Deutschland (Shell) has reached an agreement with Alcmene GmbH (part of the Liwathon Group) for the sale of its non-operated 37.5% shareholding in the Germany PCK Schwedt Refinery. The divestment is part of Shell's strategy to reduce its global refinery footprint to core sites integrated with the company's trading hubs, chemicals plants and marketing businesses.
Dec 15, 2023 · The Prax Group Signs An Agreement To Acquire Interest In PCK Schwedt Refinery From Shell Deutschland Gmbh édité le 15/12/2023 - Plus de news de " Prax " - Voir la fiche entreprise de " Prax " The Prax Group has announced that it has signed a Sales and Purchase Agreement (SPA) to acquire a 37.5% interest in PCK Schwedt Refinery (“PCK”) and its associated logistic assets from Shell ...
Sep 16, 2022 · Shell said on Friday it was "unaffected" by the German government's decision to place the PCK Schwedt oil refinery under a trusteeship, effectively taking control away from Russian majority owner ...
Dec 15, 2023 · Shell Plc agreed to sell its stake in the Schwedt refinery, a plant that supplies much of eastern Germany with fuel and has been caught up in Europe’s standoff with Moscow over the war in Ukraine. Shareholdings in the refinery were left in limbo when Germany seized it from Russian majority owner Rosneft PJSC after the invasion and sanctions threatened its main supply source.
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