BP has agreed to sell its entire network of petrol stations and electric vehicle (EV) charging infrastructure in the Netherlands to local energy company Catom, marking a full exit from its retail operations in the country. The transaction, expected to close by the end of 2025, includes around 300 petrol stations and all assets under the BP Pulse charging business.
The deal extends beyond the expected sale of conventional fuel stations. BP confirmed that the transaction also includes its EV charging operations, comprising charging stations located at service stations, 15 standalone charging hubs, eight additional charging parks currently in development, and its Dutch fleet-focused charging business.
For Catom, a fuel and lubricant distributor based in Breda, the acquisition represents a major expansion of its retail network. Once complete, Catom’s petrol station brand, OK, will operate more than 400 locations across the country. The OK brand has been part of the Catom Group since 2004 and traces its Dutch presence back to the 1950s.
BP’s move is part of a broader global divestment programme announced previously, targeting up to $20 billion in asset sales. According to its Q1 2025 financial report, BP has already completed or agreed to divest $1.5 billion in assets, with plans to generate a further $3–4 billion in proceeds this year. The company’s fuel retail operations in Austria are also expected to be sold in 2025.
“We have built a high-quality retail and convenience business in the Netherlands but as we look to focus our downstream as part of a reset bp, we believe a new owner is best placed to take our Dutch business forward,” said Emma Delaney, Executive Vice President of Customers & Products at BP.