Press "Enter" to skip to content

Eni acquires 20 per cent of ADNOC Refining for $3.24 billion

An entrance of the oil refinery of Eni is seen in Taranto, southern Italy, September 21, 2018. REUTERS/Alessandro Bianchi/File Photo New Delhi: Eni and Abu Dhabi National Oil Company (ADNOC) today announced they have closed their strategic …Read more





ADNOC seals 58 billion refining and trading deal with ENI OMV

ABU DHABI Reuters – Italys Eni and Austrias OMV have agreed to pay a combined 58 billion to take a stake Under the agreement Eni and OMV will acquire a 20 percent and a 15 percent share in ADNOC Refining respectively with ADNOC owning the
Read more

Sheikh Mohamed Witnesses Signing of Landmark Strategic Refining and Trading Partnership Agreements Between ADNOC Eni and OMV

In one of the largest ever refinery transactions Eni and OMV will acquire 20 and 15 shares in will be an international exporter of ADNOC Refinings products with export volumes equivalent to approximately 70 per cent of throughput
Read more

State oil ADNOC sells 35 percent in refining to Eni OMV

28 UPI –Abu Dhabi National Oil Co sold a 20 a 20 percent stake from ADNOC for 33 billion after deduction of net debt The acquisition of a stake in this high-quality refinery complex represents a 35 percent increase of Enis refining capacity
Read more

Eni Caps Deals Spree With Stake in Worlds 4th-Biggest Refinery

Eni agreed to pay 33 billion in cash for 20 percent of Adnoc Refining and also bought an equivalent so we have to diversify our downstream The acquisition will lower Enis refining break-even target margin by 50 percent about 150 a barrel
Read more

UAEs Adnoc secures largest-ever deal in refinery business with ENI OMV

The deal values Adnoc Refining at 193 billion The companies also agreed to partner in a trading unit that will sell the refined products to international buyers Under the agreement Eni and OMV will acquire a 20 per cent and a 15 per cent share in
Read more

Adnoc awards refining stakes to Eni OMV in 58bn deal

In one of the largest refinery transactions Eni and OMV will acquire 20 and 15 shares in will be an international exporter of Adnoc Refinings products with export volumes equivalent to approximately 70 per cent of throughput
Read more

Please follow and like us:

Comments are closed.