Agip
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Founded | 1926 in Rome | |
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Founders |
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Headquarters | Parent Eni | |
Agip (Azienda Generale Italiana Petroli, English: General Italian Oil Company) is an Italian automotive gasoline, diesel, LPG, lubricants, fuel oil, and bitumen retailer established in 1926. It has been a subsidiary of the multinational petroleum company Eni since 2003, when Eni acquired Agip Petroli S.p.A., creating the Refining and Marketing Division (R&M).[2]
History
In 1924,
Don Sturzo
, alleged that the joint venture was damaging to the nation and started a controversy which led to suspicions of corruption; Matteotti indeed was killed two days before he was due to give a speech on this issue. Don Sturzo continued the controversy, stating that a public company was the only way to maintain national energy independence.
Power plants
, which were not very developed and mainly concentrated in the north of the country, could not satisfy the needs of energy.
The constitution of the company and the ad aziendam laws
With a
FIAT of Giovanni Agnelli, and with the financial backing of Banca Commerciale Italiana
, which had searched unsuccessfully for oil in Emilia-Romagna.
In 1927 a Mining Act was enacted, which gave the ownership of the subsoil to the State and imposed the rule that any oil-related activity was subject to government authorization and/or grant.
Agip experienced difficulties after the
refineries
and Agip could operate with greater ease in this area.
Early stages and development
Agip had a facility for refining at
Azienda Italiana Petroli Albanesi
(AIPA), a subsidiary of Agip. However, the Albanian oil was of poor quality and its processing proved uneconomical.
Simultaneously, however, because of the costs to support colonial campaigns, Agip had to exit some foreign investments, in particular their exploration campaigns in
synthetic chemistry
.
Gallery
See also
- AGIL, the short name for "Société nationale de distribution des pétroles", the nationalised filial in Tunisia.
References
- ^ Pastori 2008, p. 86.
- ^ "Eni | Italian corporation | Britannica". www.britannica.com. Retrieved 2022-03-09.
- ISSN 0362-4331. Retrieved 2022-03-09.
- ^ "Italy - Resources and power | Britannica". www.britannica.com. Retrieved 2022-03-14.
- ^ enrico (2022-05-19). "Enrico Mattei: From Agip to ENI". Neperos. Retrieved 2022-11-23.
Further reading
- Pastori, Gianluca (2008). "Between Continuity and Change:the Italian Approach to Energy Security". In Marquina, Antonio (ed.). Energy Security: Visions from Asia and Europe. Palgrave MacMillan. pp. 84–100. ISBN 978-1-349-30521-6.
External links
- Agip Lubricants Australia
- "Eni with you on the road". Archived from the original on 2012-02-17.
- "Eni In viaggio con te" (in Italian).