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Eni, Mercuria to Form Global Energy Commodities Trading Venture

Eni, Mercuria to Form Global Energy Commodities Trading Venture
Key Points

Commodities Eni, Mercuria to Form Global Energy Commodities Trading Venture Italian oil company Eni SpA and commodities merchant Mercuria Energy Group Ltd. signed a deal to trade energy together globally. The two firms agreed to form an equally owned venture to trade energy commodities “through a holding structure with international trading hubs,” Eni said in a statement on its website.

Commodities Eni, Mercuria to Form Global Energy Commodities Trading Venture Italian oil company Eni SpA and commodities merchant Mercuria Energy Group Ltd. signed a deal to trade energy together globally. The two firms agreed to form an equally owned venture to trade energy commodities “through a holding structure with international trading hubs,” Eni said in a statement on its website.
Eni (ORG) Mercuria (ORG) Form Global Energy Commodities Trading Venture Commodities Eni (ORG) Form Global Energy Commodities Trading Venture (ORG) Italian (ORG) Eni SpA (ORG) Mercuria Energy Group Ltd. (ORG)
Originally published by Bloomberg Markets Read original →