MNI BRIEF: China Visitor Mobile Payments Surge in H1

MNI China Daily Summary: Friday, July 26

MNI BRIEF: Foreign Firms Content In China

MNI BRIEF: Turkish Inflation Expectations Steady- TEBA

MNI China Press Digest July 26: Deposit Rates, Fiscal, PBOC

MNI: PBOC Net Injects CNY299.05 Bln via OMO Fri

MNI: BAKER HUGHES US RIG COUNT 589; OIL RIGS 482; GAS RIGS 101

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT FINAL JUL INDEX 66.4

EZ/UK Bond Supply Calendar: BoE Short APF Operation on Monday

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

GOI Energy To Buy Italy’s ISAB Refinery, Trafigura Signs Offtake Agreement

OIL

Trafigura entered into a tolling agreement for the Lukoil-owned ISAB oil refinery in Italy as part of a deal by GOI Energy to acquire the plant, according to Trafigura.

  • Trafigura will supply the ISAB Lukoil on island of Sicily with crude oil and take its fuel, the company said in a statement.
  • The transaction is planned to be completed by the end of March upon fulfilment of certain conditions precedent including receipt of necessary approvals of the authorities, particularly the Italian government, Lukoil said.
  • Trafigura has secured uninterrupted feedstock supplies to the refinery and provides for production offtake as well as necessary working capital level, according to Reuters.
Energy BulletsCommodities
Energy BulletsCommodities

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.