| 21.02.2011 - Abu Dhabi to buy Spanish refiner Cepsa for $5bln |
| From Omantribune.com: Abu Dhabi sovereign wealth fund IPIC is buying half of Cepsa from French oil major Total for 3.7 billion euros ($5 billion), giving it control of the Spanish refining and marketing-focused group. IPIC, wholly owned by the government of Abu Dhabi, has a mandate to invest in the oil sector outside the emirate..............................................Full Article: Source |