TotalEnergies Takes Control of Zeeland Refinery While Lukoil Looks for Buyer, Reuters Says

Dow Jones
02/11
 

--French energy major TotalEnergies has taken over full operations of the Zeeland refinery in the Netherlands but hasn't bought Lukoil's 45% stake, Reuters reports, citing a briefing from TotalEnergies' chief executive officer, Patrick Pouyanne.

--TotalEnergies will run the refinery on a temporary basis under a deal wherein it supplies all the crude, pays for operations and takes the refinery's output, Reuters reports, citing Pouyanne. The deal will remain place until Lukoil finds a buyer for its stake, Reuters reports.

 

Full story: https://shorturl.at/HL9mj

 

Write to Adam Whittaker at adam.whittaker@wsj.com

 

(END) Dow Jones Newswires

February 11, 2026 07:31 ET (12:31 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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