Market Chatter: Shell to Sell 37.5% Stake in Germany's PCK Schwedt Oil Refinery

MT Newswires Live12-17

Shell (SHEL) has renewed efforts to sell its 37.5% stake in Germany's PCK Schwedt oil refinery as it seeks to exit an asset linked to Russia-related sanctions, Reuters reported Tuesday, citing three sources familiar with the matter.

Shell has opened a data room for potential buyers and is seeking offers by January-end, roughly a year after a prior attempt to sell the stake to Prax Group fell through, sources reportedly said.

A Shell spokesperson declined to comment to MT Newswires.

Shell shares fell 2.1% in recent Tuesday trading.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 70.71, Change: -1.52, Percent Change: -2.10

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2592932515?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-12-17 04:09","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2592932515","market":"sg","top_or_hot":-1,"title":"Market Chatter: Shell to Sell 37.5% Stake in Germany's PCK Schwedt Oil Refinery","media":"MT Newswires Live","content":"<html><body><p> Shell (SHEL) has renewed efforts to sell its 37.5% stake in Germany's PCK Schwedt oil refinery as it seeks to exit an asset linked to Russia-related sanctions, Reuters reported Tuesday, citing three sources familiar with the matter.</p><p>Shell has opened a data room for potential buyers and is seeking offers by January-end, roughly a year after a prior attempt to sell the stake to Prax Group fell through, sources reportedly said.</p><p>A Shell spokesperson declined to comment to MT Newswires.</p><p>Shell shares fell 2.1% in recent Tuesday trading.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p><p>Price: 70.71, Change: -1.52, Percent Change: -2.10</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Market Chatter: Shell to Sell 37.5% Stake in Germany's PCK Schwedt Oil Refinery</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMarket Chatter: Shell to Sell 37.5% Stake in Germany's PCK Schwedt Oil Refinery\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-12-17 04:09</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Shell (SHEL) has renewed efforts to sell its 37.5% stake in Germany's PCK Schwedt oil refinery as it seeks to exit an asset linked to Russia-related sanctions, Reuters reported Tuesday, citing three sources familiar with the matter.</p><p>Shell has opened a data room for potential buyers and is seeking offers by January-end, roughly a year after a prior attempt to sell the stake to Prax Group fell through, sources reportedly said.</p><p>A Shell spokesperson declined to comment to MT Newswires.</p><p>Shell shares fell 2.1% in recent Tuesday trading.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p><p>Price: 70.71, Change: -1.52, Percent Change: -2.10</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4201","symbol_name":"综合性石油与天然气企业","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2592932515","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2592932515","pubTimestamp":1765915794,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Shell  has renewed efforts to sell its 37.5% stake in Germany's PCK Schwedt oil refinery as it seeks to exit an asset linked to Russia-related sanctions, Reuters reported Tuesday, citing three sources familiar with the matter.Shell has opened a data room for potential buyers and is seeking offers by January-end, roughly a year after a prior attempt to sell the stake to Prax Group fell through, sources reportedly said.A Shell spokesperson declined to comment to MT Newswires.Shell shares fell 2.1% in recent Tuesday trading.Price: 70.71, Change: -1.52, Percent Change: -2.10","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4201":"综合性石油与天然气企业","LU0098860793.USD":"FRANKLIN INCOME \"A\" INC","BK4588":"碎股","PCK":"太平洋投资管理加利福尼亚地方收入基金","BK4585":"ETF&股票定投概念","LU0278409577.USD":"MANULIFE GLOBAL FUND-GLOBAL RESOURCES FUND \"AA\" (USD) INC","SHEL":"SHELL PLC SPON ADS EACH REPR 2 ORD SHS","LU0300736492.USD":"FRANKLIN NATURAL RESOURCES \"A\" (USD) INC","LU1162221912.USD":"FRANKLIN INCOME \"A\" (USD) ACC","LU0320765646.SGD":"FTIF - Franklin Income A MDIS SGD-H1","LU2236285917.USD":"ALLIANZ GLOBAL INCOME \"AMG\" (USD) INC","LU0300736062.USD":"FRANKLIN NATURAL RESOURCES \"A\" (USD) ACC"},"translate_title":"市场热议：壳牌将出售德国PCK Schwedt炼油厂37.5%股份","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PCK":1.5,"SHEL":1},"content_text":"Shell (SHEL) has renewed efforts to sell its 37.5% stake in Germany's PCK Schwedt oil refinery as it seeks to exit an asset linked to Russia-related sanctions, Reuters reported Tuesday, citing three sources familiar with the matter.Shell has opened a data room for potential buyers and is seeking offers by January-end, roughly a year after a prior attempt to sell the stake to Prax Group fell through, sources reportedly said.A Shell spokesperson declined to comment to MT Newswires.Shell shares fell 2.1% in recent Tuesday trading.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: 70.71, Change: -1.52, Percent Change: -2.10","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2592932515","isCrawlerRequest":true}