Word: mattell
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Dates: during 1950-1959
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...angry man was Enrico Mattel, boss of E.N.I., the state-owned oil and gas company which in little more than a decade has grown out of a near-bankrupt Fascist monopoly to become Italy's most successful economic enterprise. The "nasty thing," according to Mattei, was E.N.I.'s complete exclusion from Libya, where more than a dozen British, French and U.S. oil companies are engaged in a hard-driving search for oil. As Mattei told it, the Libyan government had suddenly reneged on a tentative agreement to give him a 17,000-sq.-mi. concession in the Libyan...
...governments terms seemingly more generous than the standard fifty-fifty split negotiated by British and American companies. Under one such agreement, an E.N.I, subsidiary is now producing some 600,000 metric tons of oil a year in Egypt; others are exploring in Somaliland, negotiating in Morocco. The climax of Mattel's Middle East drive came last September, when, in return for a promise of 75% of profits,* the Iranian government gave him a 12,000-sq.-mi. exploratory concession, more than half of which lies just south of the highly productive Qum fields...
...Mattel Inc.'s "Burp Gun" ($3) shoots off 50 caps in seven seconds...
...Idrocarburi (E.N.I.), the state-owned oil company that has consistently fought private international development of Italy's oil resources (TIME, Nov. 29). Italy-had offered to be host to the congress, and the oilmen had accepted. The 3,200 delegates hoped to impress E.N.I. and its Boss Enrico Mattel with the power and efficiency of private oilmen, thus persuade E.N.I, to be more cooperative...
This is an appealing little autobiographical sketch, now published in English, by a writer who was as close to the folk stream of East European Jewish life as blintzes and borsch. In countless stories (The Old Country, Adventures of Mattel) he humorously chronicled the bittersweet life of the late 19th-century eastern ghettos-pious, self-contained, but poised on the brink of a new Diaspora to Western Europe and America. Born Solomon Rabinowitz, and raised in the little village of Voronko, Russia, the hero of The Great Fair is a "pretty boy with fat red cheeks," who can convulse...