BP to Divest Mobility and Convenience Business in Austria

Energy giant plans to sell over 260 retail sites and associated assets as part of strategic portfolio reshaping

According to a recent article on Fuels and Lubes, BP has announced its intention to sell its mobility and convenience business in Austria. The divestment includes more than 260 retail sites, electric vehicle charging infrastructure, fleet services, and BP’s stake in the Linz fuel terminal joint venture.

The sales process is set to begin immediately, with the aim of finalizing an agreement by the end of the third quarter of 2025, pending regulatory approvals. This move aligns with BP’s broader strategy to streamline its downstream operations and follows similar divestments in Turkey, the Netherlands, and Switzerland. Emma Delaney, BP’s Executive Vice President of Customers & Products, stated that a new owner would be best positioned to unlock the full potential of the Austrian business.