Word: idrocarburi
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Dates: during 1960-1969
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Died. Marcello Boldrini, 79, Italian scholar-turned-executive who in 1962 succeeded the dynamic Enrico Mattei as president of Ente Nazionale Idrocarburi, Italy's worldwide, state-owned oil corporation; of a brain tumor; in Milan. A onetime professor of statistics, Boldrini joined ENI in 1948 as president of its distributing company, and was vice president of the sprawling complex by the time Mattei died in a plane crash; critics dismissed the 72-year-old statistician as an "interim pope," but in his five-year reign he proved to be as expansive and guileful as his predecessor, plunging ENI into...
Long on nerve if sometimes short of cash, Italy's state-owned petroleum combine, ENI (for Ente Nazionale Idrocarburi), elbowed its way into the international petroleum business by adventurous gambles. Buying huge shipments of Soviet oil, it also offered cut-rate competition to Western oil majors for drilling and refining rights in Africa, Asia. Just over a year ago, ENI created a subsidiary, Snam Progetti,* to build refineries, pipelines and petrochemical plants-even for rivals. Quickly catching on, Progetti is now busy with $360 million of construction projects on four continents. Last week the yearling firm opened...
...million in Italian capital. In 'the export market, Olivetti Argentina is now selling typewriters and calculating machines to Peru and Turkey, Gilera motorcycles from Argentina are buzzing around the U.S., and Fiat electrical motors-also made in Argentina-will soon go to Egypt. Last week the Ente Nazionale Idrocarburi, Italy's state oil monopoly, was reportedly negotiating with high-level Argentine officials, hoping to pick up the U.S. oil contracts that Illia has threatened to annul...
When swashbuckling 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...
More than any other man, elusive Enrico Mattei, 56, influenced the sustaining postwar boom known as the "Italian Miracle.'' Boss of the state-owned oil and gas monopoly called E.N.I, (for Ente Nazionale Idrocarburi), he made it a power to reckon with in Italian politics, and was lionized by ordinary Italians for his daring, his nationalism-and his luck. He earned a U.S. Bronze Star as a war-time partisan. Elected to the Chamber of Deputies, he was put in charge of the sputtering state oil monopoly. Unwilling to see this remnant of Fascism dismantled, he disobeyed government...