June
06/30/2006 | Oil Market |
Eni Ceo Paolo Scaroni, the director of the Exploration & Production of Eni, Stefano Cao, the chairman of Çalik Group, Ahmet Çalik, and its Ceo Erdal Çelik presented in Istanbul the project for construction of the Samsun-Ceyhan oil pipeline, which will link Turkey's Black Sea coast to its Mediterra ...
06/30/2006 | Oil Market |
The Impianti Sud of the Isab refinery in Priolo (SR) of Erg Raffinerie Mediterranee are again fully operative after planned maintenance
(see SN n° 23, 2006, p. 2). Erg explains that the shutdown made possible all planned maintenance and improvements as well, so as to move from an 18 month maintenance schedule to a four-year one. The visbreaker and ...
06/22/2006 | Oil Market |
May was marked by considerable ups and downs for various oil products, some expected and others surprising, and it ended with a very slight positive sign. Economic Development Ministry data show a -6.2% for gasoline, and for total gasoil consumption, +4.3%, both in line with the trend of recent mont ...
06/22/2006 | Oil Market |
Despite continuing high international prices, May brought a good recovery for gasoline and gasoil margins, which both improved, compared to April, by about 20 percentage points, but compared to the twelve-month average, the usual point of reference, only gasoil showed a significant performance, whil ...
May
05/25/2006 | Oil Market |
Unione Petrolifera estimates show refineries in Italy in the first three months of 2006 processed 24.5mn tons, up 5.5% compared to the same period of 2005. Crude processed was 22.6mn tons, up 5.2%, foreign semi-processed was up 1.7mn tons, +9.5%, and additives/stable oxygenized was up 0.2mn tons. Pr ...
05/18/2006 | Oil Market |
April registered the first minus sign of the year for Italian oil consumption, -3%, which however reflected two fewer delivery days than in April 2005, not a small factor in the limitation of sales to 6.53mn tons compared to the 6.732 of April 2005. The calendar thus depressed all the data, but it d ...
05/04/2006 | Oil Market |
The council of ministers in Ankara gave its approval to construction of the Samsun-Ceyhan pipeline, to be entrusted to Eni and the Turkish company Çalik Enerji, Eni announced. The authorization requires approval of Turkish president Ahmet Necdet Sezer. Eni and Çalik have already completed the feasib ...
05/04/2006 | Oil Market |
“Negotiations are completed and we are waiting only for the date for subscribing to the agreement,” Total top brass has stated, indicating the end of the talks with the region of Basilicata for exploitation of the oil field of Tempa Rossa in the valley of the Sauro river in the province of Potenza, ...
April
04/20/2006 | Oil Market |
The trend of positive results for monthly oil consumption continues. With 7,992,000 tons sold, the month of March improved the 2005 result by 397,000 tons registering a good +5.2%, but the result was almost wholly due to the extra work day. Aside from that, analysis of the data for sales of single p ...
04/20/2006 | Oil Market |
There was a sharp reversal of the trend in the first two months of the year compared to a year ago in the activities of Italian refineries. On the basis of data gathered by the Unione Petrolifera, use rose from 86 to 95% of capacity and processing registered an increase of 4.5% against a drop of 5.1 ...
04/13/2006 | Oil Market |
An article in the Corriere della Sera cites the “Contratti Tag Long Term Transportation” notice published in the March 31 Staffetta as a proof of the maneuvers underway to get hold of the additional transport capacity resulting from improvement of the Tag gas pipeline. The article says that focus is ...
04/13/2006 | Oil Market |
Gasoline and gasoil margins in March behaved differently because of different spot prices. If in the first five Mondays beginning March 6, gasoline increased continuously, from $567 to $643 a ton, with a smaller increase of the “Italy price”, gasoil followed a valley from 604 to 584 and then to 610 ...
04/06/2006 | Oil Market |
The agreement for the Paneuropean oil pipeline provided that Slovenia adopt measures in conflict with national legislation or impossible to execute on time. That has induced the government not to sign the document as did Serbia, Romania, Croatia, and Italy. These reasons – communicated Monday in a n ...
March
03/30/2006 | Oil Market |
Unione Petrolifera calculations show that processing in national refineries in January 2006 amounted to 8.3mn tons, +1.4% compared to the same month of 2005. Processing of crude was 7.8mn tons, up 1.8%, that of semi-processed foreign products 0.4mn tons, -5.6%, and that of additives was stable at 0. ...
03/23/2006 | Oil Market |
Istat reports that the refining sector has experienced a 27.1% increase in January over the same month last year, ahead of all other industrial sectors. ...