Word: boldrini
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Dates: during 1960-1969
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...Enrico Mattei was killed in a plane crash last year, the man who took over Italy's state oil monopoly was so old-72-that many Italians scoffingly dubbed him the "interim pope." But in one year on the job as chief of Ente Nazionale Idrocarburi (E.N.I.), Marcello Boldrini, a former professor of statistics, has proved as aggressively expansive as Mattei. Traveling from the Volga to the Congo, Boldrini has won a barrel of new business for E.N.I. and spearheaded Italian commercial penetration abroad...
Advancing in Africa. With two close aides who also had been cronies of Mattei-Eugenio Cefis, 42, and Raffaelo Girotti, 45-Boldrini has bargained to buy low-cost crude oil for Italy from both Russia and the U.S.'s Jersey Standard, thus pursuing Mattei's policy of playing off rivals and exploiting a buyers' market. Stretching out in Europe and Africa is the chain of gas stations run by E.N.I.'s sales arm called AGIP, whose symbol is not a dinosaur or a flying horse but a six-legged dog (it was a draftsman...
...long after he took over Italy's giant state-owned petroleum monopoly E.N.I, last fall, scholarly Marcello Boldrini, 73, closed a deal to buy crude oil from Esso. His move spurred speculation that E.N.I, might be turning away from its Russian oil suppliers to resume a romance with the "seven sisters"-the name that his predecessor, the late Enrico Mattei, used to describe the big Western-owned oil companies. Last week, after Boldrini returned home from a week's visit in Moscow, it was clear that E.N.I, intends to keep right on doing business with the Russians...
...Though Boldrini kept mum about...
Actually, Boldrini and E.N.I, have the Russians over something of an oil barrel. With the Esso deal behind him, Boldrini bluntly warned the Russians not to raise the price of their crude, which costs him $1.15 per barrel v. $1.50 for oil from most Western companies. But Boldrini got at least a 20% discount from Esso, and there are signs that Shell and British Petroleum may be ready to do business with him. Obviously Boldrini is applying the tactic, used so masterfully by Mattei, of playing off the West and East to the advantage of E.N.I...