Ludoil to invest €1.3 billion in Sicilian oil refiner after acquisition

By Francesca LandiniItaly's Ludoil plans to invest €1.3 billion ($1.5 billion) in Sicilian oil refiner ISAB over the next five years, the family-owned energy company said on Wednesday after announcing it had completed the acquisition of 51% of the refiner.The purchase from Cypriot private equity fi…