Eni and Mercuria announce they have signed an agreement to establish a jointly owned global energy commodities trading venture. The deal brings together Eni’s position as an integrated Italian oil and energy company with Mercuria’s commodities trading capabilities. Both companies say the venture is intended to combine their strengths to improve how energy products are marketed, traded, and supported by logistics at a global level.

According to the outlets, the agreement covers cooperation in energy trading across multiple markets rather than a single-country initiative. The transaction is described as creating a global trading platform aimed at expanding their footprint and operational reach. While specific financial terms and governance details are not included in the provided excerpts, the announcements characterize the arrangement as a step to optimize trading operations by leveraging complementary expertise in areas such as distribution and supply-chain handling.

The companies present the venture as a strategic partnership focused on energy commodities and related trading activities on a worldwide basis, aligning with the companies’ broader commercial goals.