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Italy's antitrust regulator approved Ludoil's purchase of 51% of ISAB, securing control over 20% of national refining capacity. The transaction involves a long-term supply pact with Trafigura for crud
Italy's government is set to approve Ludoil's acquisition of Sicilian oil refiner ISAB from G.O.I. Energy under the golden power regime. The energy minister confirmed final details are being finalized
Italian energy group Ludoil has signed a deal to acquire a 51% stake in Sicilian refiner ISAB, aiming to bolster supply security as Middle East conflicts disrupt European fuel markets.
An unnamed U.S. energy fund backed by an Indonesian group, likely PT Pertamina, has submitted a letter of intent to acquire the ISAB refinery in Sicily. Owned by G.O.I. Energy since 2023, the plant ac
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