Word: enis
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...sales** Exxon $60,334,527,000 Royal Dutch/Shell $44,054,400,000 Mobil $34,736,045,000 Texaco $28,607,521,000 British Petroleum $27,390,915,000 Standard Oil of Calif. $23,232.413,000 Gulf Oil $18,069,000,000 Standard Oil (Indiana) $14,961,489,000 ENI (Italy) $12,500,000,000 Atlantic Richfield $12,298,403,000 Française des Pétroles $10,875,1 17,000 Continental Oil $9,455,241,000 Petrobrás (Brazil) $9,131,101,000 Elf -Aquitaine (France) $8, 341,081,000 *1977 **minus excise taxes...
...began to roll. In May 1975, Mario Einaudi, freewheeling chief of a state-owned mining and textile conglomerate, was forced to resign after he highhandedly tried to gain control of a Genoa shipping, insurance and newspaper group without informing the government. Next to go was Raffaele Girotti, chairman of ENI, who had led the big state petroleum company to a $95 million loss. Camillo Crociani, apparently recognizing that his job was shaky, chose not to wait...
...ENI (Italy...
Italian businessmen call Eugenio Cefis "the ghost" because of his aversion to publicity. The low-profile approach is understandable. A former anti-Nazi resistance fighter and onetime head of ENI, the government oil agency, Cefis indulges an un-Italian predilection for sandwich-and-milk lunches at his desk. In 1971, at the age of 50, he became the head of Montedison S.p.A., Italy's biggest industrial concern but a shaky one. He promptly spun off about 15% of its operations and began a series of acquisitions that made Montedison the producer of 80% of Italy's synthetic fibers...
...rely on totalitarian methods. Nonetheless, Europe's expanding middle class is discovering to its horror that its sons and daughters are increasingly hostile to industry, "the System" and even to the established left of organized Communist parties. Says Francesco Forte, president of Italy's state-owned ENI oil colossus: "Marx has suddenly emerged as the official philosopher for the younger generation in Western Europe...