SOCAR Appoints New Management for Italiana Petroli

SOCAR finalized its acquisition of Italiana Petroli and appointed Levan Davitashvili as CEO. Leonardo Caputo will oversee refining and logistics operations.

Xurve View

State Oil Company of Azerbaijan finalized its €3 billion acquisition of Italiana Petroli, the Italian oil refiner, and appointed new executive leadership. The Brachetti-Peretti family agreed to sell the company last September. The restructuring integrates the refiner into the broader SOCAR Group.

New Leadership Anchors SOCAR Integration

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