G.O.I Energy to acquire Isab from Lukoil-backed Litasco.

G.O.I Energy, an energy company, agreed to acquire Isab, an Italian rafinery, from Lukoil-backed Litasco, a marketing and trading company of oil. Financial terms were not disclosed. The transaction is planned to be completed by the end of March 2023 upon fulfilment of certain conditions precedent including receipt of necessary approvals of competent authorities, particularly the Italian Government.