bp to sell Dutch petrol stations and EV charging network

bp has announced its intention to sell its petrol stations, electric vehicle (EV) charging network, and fleet services in the Netherlands. The decision follows a strategic review of its operations, with bp concluding that substantial capital investments are needed to expand its retail business in the Netherlands. The company believes a new owner would be better positioned to drive the growth and future investment required for these assets.

The sale, which includes approximately 350 filling stations and bp’s EV charging brand bp pulse, could affect around 1,000 employees in the Netherlands. This group includes around 900 station employees and approximately 100 bp Netherlands functional staff, all of whom are expected to transfer to the new owner once the sale is completed.

Despite the divestment of its retail and EV charging assets, bp will maintain a strong presence in the Netherlands through its other operations, such as the Rotterdam refinery, Castrol, Air bp, and trading and shipping activities. The bp Refinery Rotterdam is one of the largest in Western Europe, processing 400,000 barrels of oil per day.

The move aligns with bp’s broader strategy to streamline its operations and concentrate on markets where growth prospects are most favourable. While this shift involves a sale of Dutch retail assets, bp remains committed to supporting its low-carbon ambitions and continues to invest in sustainable energy solutions globally.