Word: eni
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Dates: during 2000-2009
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...little to lower prices or loosen the grip of many incumbent operators across the Continent. Industrial customers, in theory, have the right to choose their supplier, and by 2007 all consumers should be able to do the same. But in reality, some state-backed energy companies like Italy's Eni and France's EdF have steadfastly clung to their dominant market position. Urging the Commission to act is Britain, which has led the way on liberalizing its energy markets but claims it is falling victim to price fixing and is routinely denied access to the pipelines and grids it needs...
...Libya's fans insist the possibilities are real. In the Corinthia - Libya's only luxury hotel, boasting $300-a-night rooms - Western executives crowd the lobby. American executives will need to catch up with European oil businesses, which remained in Libya through decades of U.S. sanctions. Italy's Eni, Spain's Repsol-YPF and France's Total have run Libyan subsidiaries with no American competition. Virtually all of Libya's oil - about 1.5 million barrels a day - is exported to Europe, and since October, millions of cubic meters of gas have flowed directly from Libya to Sicily through Eni...
...squatting on his locked suitcase. "They will arrest us and deport us if we don't leave." Berlusconi joined Libya's ruler Muammar Gaddafi in Zuwarah last week to attend the opening of a natural-gas pipeline linking the two countries, a joint project by the Italian oil company ENI and Libya's state oil producer NOC. Both men praised the prospect of Libyan natural gas flowing to Italy, but it could prove difficult to stop the unwelcome flow of immigrants. Officials in this oil-rich state admit they are not sad to see desperately poor Africans set course...
...deposits that local firms had neither the technology nor the money to develop. Kazakhstan turned to Western companies for help, and firms like Chevron and Mobil moved in. When the Kashagan field was discovered in 2000, the government invited BG to form a consortium with Eni, Royal Dutch/ Shell, ExxonMobil, Total, Conoco-Phillips and Inpex of Japan to exploit it. That was no easy task. In winter, the shallow waters of this part of the Caspian turn into ice floes that - carried by high winds - can crush conventional offshore rigs. So Agip, the operating arm of Italy's ENI charged...
...money to be made, right? Would Muammar Gaddafi have spent billions to pay off terror victims if he didn't expect a return? But most of the interested players are already there. European oil companies - including France's Total, Spain's Repsol, Germany's Wintershall and Italy's Eni - maintained a dormant presence in Libya after U.N. sanctions were imposed in 1992 for Tripoli's suspected role in the 1988 Lockerbie bombing. They quickly revved up after sanctions were suspended in 1999, when Libya surrendered two suspects. That allowed Libya to export around 1.2 million barrels...