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Oil Market
2009
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Pagna Successiva (2)

December

12/23/2009 | Oil Market |

Taranto, Eni shuts down refinery for 30 days

Eni has closed down refining of 90, 000 barrels of oil a day for a month in Taranto, for refinery maintenance. The stop is also a result of weak margins. Since there has been an excess of production at the refinery, “it was decided to conduct ordinary maintenance now which was scheduled for next yea ...


12/23/2009 | Oil Market |

Eni, restyling Agip network to start in 2010

The Agip brand name will disappear, but the six-legged dog logo remains, along with the name Eni. The restyling of Eni service stations will begin in 2010, as Ceo Paolo Scaroni has often stated. Chairman Roberto Poli last March announced that Eni's goodbye to Agip on the stations “is a decision made ...


12/23/2009 | Oil Market |

Oil, Civitavecchia no longer operative

Italpetroli's crisis has created a virtual hole of 250/300,000 t in the oil logistics of central Italy, for which Civitavecchia was a strategic node, with a hinterland including Rome and the territory from Grosseto to Latina and inland to Umbria. The last ship arrived in August. The “oil tower” inau ...


12/17/2009 | Oil Market |

Further decline in refinery processing

The Unione Petrolifera's latest “Notizie Statistiche Petrolifere” show that in the first ten months of 2009, refinery processing in Italy fell to 73.5mn t, a decrease of 7.9% compared to the same period of 2008 and of 13.5% compared to the 85mn t of 2007.
Processing of crude belonging to forei ...


12/17/2009 | Oil Market |

Gela refinery, Eni confirms investments

The Gela refinery will not shut down this month, but the one in Taranto should, according to the daily Il Corriere di Gela, citing an Eni source. A few days ago another paper, the Gazzetta del Mezzogiorno, wrote that Eni would shut down Taranto for a month, adding that “it will not be the days of th ...


12/10/2009 | Oil Market |

Kupit, new offer for Naples logistic capacity

Kupit is renewing its offer to grant part of its logistical capacity at its Naples depot to outsiders. The offer repeats that of May and September 2008 and June 2009 in relation to the commitment made to the Antitrust Authority (see SN n. 26 2009), and concerns movement of tank tracks for a total of 40,000 t. This capacity will be made available for a year, with the possibilit ...


12/04/2009 | Oil Market |

Half-point increase for biofuel quota

An inter-ministerial decree already signed by the economic development minister dictates that beginning in 2010 the percentage of biofuels to be mixed into fossil fuels for sale will increase a half point to 3.5% (see SN n. 11 2006). In volume, this amounts to about 200,000 tons more. The decision has taken the oil companies by surprise, because on the basis of government assu ...


November

11/26/2009 | Oil Market |

Erg, no shutdown in 2010 for Isab

Maintenance instead at Rome and Trecate refineries

In 2010 Erg plans no shutdown for maintenance at its Isab refinery, Ceo Alessandro Garrone reported during a conference call made last week to talk of third quarter financial results. But Garrone added that the refinery of Rome (71.875 % TotalFinaElf and 28.125% Erg Petroli) would close in the secon ...


11/26/2009 | Oil Market |

Bitumen, Antitrust Authority asks companies for information

The Antitrust Authority is looking at the bitumen market. Staffetta has learned that it has sent letters to businesses in the sector asking for information. This verification process will be followed by a decision to file the procedure or launch an investigation. The last time the Antitrust Authorit ...


11/12/2009 | Oil Market |

Refinery processing, -8.3% in first nine months

The negative trend in refinery processing is continuing in Italy, according to the latest data published by the Unione Petrolifera. Processing in Italian refineries decreased 8.3% to 66mn t in the first nine months, compared to the corresponding period in 2008. The figure was slightly better than th ...


11/05/2009 | Oil Market |

Mantua, Ies-Mol: new plants for cleaner fuels

Last Tuesday, Ies-Mol inaugurated the new Hds plants in Mantua that will make it possible to produce fuels with lower environmental impact, in line with EU directive Autoil, thanks to a sulfur content of no more than 10 ppm (parts per million). Ies Ceo Gyorgy Dezsenyi said that “the goal reached is ...


11/05/2009 | Oil Market |

Albania, shutdown of plants in Fier, Ballsh and Valona

In Albania, finance minister Ridvan Bode ordered refinery processing to stop in Fier, Ballsh and Valona, where the entrepreneur Rezart Taci's oil company Armo owns refineries.
The motive for suspending operations was the failure to file required fiscal information. Armo reacted harshly, affirmi ...


October

10/29/2009 | Oil Market |

Oil, new San Marco depot near Venice

A 15,000 m3 coastal Lpg depot is to be built on the grounds of San Marco Petroli in Porto Marghera. The depot is part of the program agreement for the upgrading of the Venice-Malcontenta-Marghera area published in the Veneto region's Bollettino Ufficiale n. 45 of June 2, 2009. The city of Venice is ...


10/29/2009 | Oil Market |

Oil stocks, Italy-Hungary agreement

Italy and Hungary have reached an agreement on oil stocks. Economic minister Claudio Scajola and Hungarian transport, telecommunications, and energy minister Peter Honig signed the agreement last Thursday in the presence of Ferenc Horvath, deputy chairman for refining and marketing of Mol and chairm ...


10/29/2009 | Oil Market |

Falconara refinery, same production with fewer workers?

“I share all your concerns and I support your struggle with conviction”, the environment council person for the region of the Marches, Marco Amagliani, wrote in an open letter to the Api refinery workers in Falconara Marittima, where the company would like to let go 140 employees (see SN n. 37 2009). Amagliani observes that Api is not like other companies in terms of its envir ...



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