Eni Forms Trading Venture With Mercuria to Boost Commodity Profits | EN590 Commodities
EN590 Commodities GroupCrude Oil July 01, 2026
EU Industry Splits Over Emissions Trading Scheme Overhaul What I Cover
Tsvetana Paraskova is an energy and commodities journalist who has contributed to Oilprice.com for nearly a decade, covering global energy markets, commodities,… Eni is forming an energy commodity joint venture with global trader Mercuria as the Italian energy major eyes higher profits to rival the most active traders among the European energy giants. Eni on Wednesday said it hadsigned an agreementwith Geneva-based Mercuria, one of the world’s largest independent trading groups, to create a joint venture to trade energy commodities across global energy markets. The joint venture will be equally owned by Eni and Mercuria, and will operate on an independent and unconsolidated basis through a holding structure with intern
About EN590 Commodities Group
25+ years in mineral exploration and extraction. 15+ years of global commodity trading. Based in New York, USA serving 75+ countries.