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The Company Azerbaijan Socar Has Completed the Acquisition of the Italian Oil Group IP

Summary by Новое Время
Azerbaijan's state-owned oil company SOCAR has completed the acquisition of 99.82% of Italian Italiana Petroli (IP) shares in API Holding Group, having received all necessary regulatory approvals.

2 Articles

Il PostIl Post
Lean Left

The Company Azerbaijan Socar Has Completed the Acquisition of the Italian Oil Group IP

·Italy
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Новое ВремяНовое Время

Aliyev Expanded His Influence in the Mediterranean. Azerbaijan Became the Owner of Two Refineries and Several Thousand Gas Stations in Italy

Azerbaijan's state-owned oil company SOCAR has completed the acquisition of 99.82% of Italian Italiana Petroli (IP) shares in API Holding Group, having received all necessary regulatory approvals.

·Ukraine
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Bias Distribution

  • 100% of the sources lean Left
100% Left

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Il Post broke the news in Italy on Monday, May 11, 2026.
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