The State-owned corporation is banking on the capital injection to revitalise its operations through a business restructuring centred on new revenue streams after years of dwindling ...

The German government has extended job security for workers at the PCK Schwedt oil refinery until the end of 2025, the economy ministry said in a statement on Monday."The sanctions against Russian oil ...

It agreed to buy Shell's 37.5% stake in the PCK Schwedt oil refinery in December 2023.