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Shell Renews Efforts to Sell Stake in Rosneft-Held German Refinery
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Why This Matters
Shell has restarted the process to sell its 37.5% stake in the Schwedt refinery in Germany, a move that could be influenced by ongoing sanctions against Rosneft, the majority shareholder.
Market Impact
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Sentiment
Neutral
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73%
Article Context
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Shell has restarted a process to sell its minority 37.5% stake in the Schwedt refinery in Germany, whose majority shareholder is now-sanctioned Russian state oil giant Rosneft, Reuters reported on Tuesday, citing sources with knowledge of the matter. Shell has opened a data room this month and is seeking offers for its stake in the refinery by the end of January, according to some of Reuters’ sources. The Schwedt refinery, the fourth-largest refinery in Germany, used to process Russian oil before Germany cut off supplies…
Original article published by
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on December 16, 2025.
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