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Agip
Agip (''Azienda Generale Italiana Petroli'', en, General Italian Oil Company) is an Italian automotive gasoline, diesel, LPG, lubricants, fuel oil, and bitumen retailer established in 1926. It has been a subsidiary of the multinational petroleum company Eni since 2003, when Eni acquired Agip Petroli S.p.A., creating the Refining and Marketing Division (R&M). History In 1924, Sinclair Oil, a U.S. oil company, and the Italian Ministry of National Economy created a fifty-year joint venture agreement to explore for oil in Emilia-Romagna and Sicily, over an area of 40,000 km². 40% of the capital was held by the ministry, all expenditure was incurred by Sinclair Oil and 25% of profits went to the Italian ministry. The political opposition, headed by Giacomo Matteotti and Don Sturzo, alleged that the joint venture was damaging to the nation and started a controversy which led to suspicions of corruption; Matteotti indeed was killed two days before he was due to give a speech o ...
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Ettore Conti
Ettore Conti di Verampio, Count of Verampio OML, OMRI, OCI (1871-1972, Milan, Kingdom of Italy) was an Italian senator, industrialist, and aristocrat. Biography Ettore Conti di Verampio was born on April 24, 1871 in Milan, the son of Carlo Conti and Giuseppina Palazzoli. The count taught Construction Sciences at the Polytechnic University of Milan, and dedicated himself to the development of Italy's growing electrical industry. In 1901 The Count of Verampio founded the Conti & Co Electrical Company, the first in Italy to carry out the large scale transport of electricity to households across the country, it did so using large waterfalls and water basins. From 1918 to 1919 the count served as the Undersecretary for the Liquidation of Weapons and Munitions at the Ministry of the Treasury. In 1919 Conti became a Conservative Party Senator appointed by Vittorio Emanuele III. Conti also presided over the Italian Caucasus Campaign, he was also a key participant in the Genoa Confere ...
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Azienda Nazionale Idrogenazione Combustibili
Azienda Nazionale Idrogenazione Combustibili (ANIC) was an Italian chemical company, established during the Fascist regime with the objective of obtaining synthetic gasoline by hydrogenation of brown coal. It was set up in 1936 by state-owned Agip and Montecatini as a joint venture. In 1953, it was acquired by Eni. History After the Second Italo-Ethiopian War, in November 1935 Fascist Italy was targeted with sanctions by the League of Nations, an event that induced Italian dictator Benito Mussolini to pursue an economic policy of autarky Autarky is the characteristic of self-sufficiency, usually applied to societies, communities, states, and their economic systems. Autarky as an ideal or method has been embraced by a wide range of political ideologies and movements, especiall .... At that time, about 75 per cent of Italy's energy requirement was covered by imports, so Mussolini negotiated the acquisition of patents from I.G. Farben and the International Hydrogenation Eng ...
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Petroleum
Petroleum, also known as crude oil, or simply oil, is a naturally occurring yellowish-black liquid mixture of mainly hydrocarbons, and is found in geological formations. The name ''petroleum'' covers both naturally occurring unprocessed crude oil and petroleum products that consist of refined crude oil. A fossil fuel, petroleum is formed when large quantities of dead organisms, mostly zooplankton and algae, are buried underneath sedimentary rock and subjected to both prolonged heat and pressure. Petroleum is primarily recovered by oil drilling. Drilling is carried out after studies of structural geology, sedimentary basin analysis, and reservoir characterisation. Recent developments in technologies have also led to exploitation of other unconventional reserves such as oil sands and oil shale. Once extracted, oil is refined and separated, most easily by distillation, into innumerable products for direct use or use in manufacturing. Products include fuels such as gasol ...
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Porto Marghera
Marghera is a ''municipalità'' (borough) of the ''comune'' of Venice, Italy. It includes the industrial area known as Porto Marghera (English: Marghera Port) or Venezia Porto Marghera. Etymology The name Marghera is said in popular myth to come from Venetian dialectal "Mar gh' era," meaning "There was the sea"; the original form, however, was Mergaria, whose origin is unclear. History At the beginning of the 20th century Venice's existing port at Bacino San Marco was incapable of servicing large modern ships. A new port was constructed at the western end of Venice at Stazione Marittima, but it became clear that if industry was developed in its immediate vicinity it would negatively impact on the historical city and tourism. As a result, by 1917 – during the First World War – the Italian government decided to develop an industrial zone and state-of-the-art port at Marghera on the mainland, opposite Venice and near the town of Mestre. A major backer of the scheme was Count Gius ...
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Oil Refinery
An oil refinery or petroleum refinery is an industrial process plant where petroleum (crude oil) is transformed and refined into useful products such as gasoline (petrol), diesel fuel, asphalt base, fuel oils, heating oil, kerosene, liquefied petroleum gas and petroleum naphtha. Petrochemicals feedstock like ethylene and propylene can also be produced directly by cracking crude oil without the need of using refined products of crude oil such as naphtha. The crude oil feedstock has typically been processed by an oil production plant. There is usually an oil depot at or near an oil refinery for the storage of incoming crude oil feedstock as well as bulk liquid products. In 2020, the total capacity of global refineries for crude oil was about 101.2 million barrels per day. Oil refineries are typically large, sprawling industrial complexes with extensive piping running throughout, carrying streams of fluids between large chemical processing units, such as distillation co ...
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Fiume
Rijeka ( , , ; also known as Fiume hu, Fiume, it, Fiume ; local Chakavian: ''Reka''; german: Sankt Veit am Flaum; sl, Reka) is the principal seaport and the third-largest city in Croatia (after Zagreb and Split). It is located in Primorje-Gorski Kotar County on Kvarner Bay, an inlet of the Adriatic Sea and in 2021 had a population of 108,622 inhabitants. Historically, because of its strategic position and its excellent deep-water port, the city was fiercely contested, especially between the Holy Roman Empire, Italy and Croatia, changing rulers and demographics many times over centuries. According to the 2011 census data, the majority of its citizens are Croats, along with small numbers of Serbs, Bosniaks and Italians. Rijeka is the main city and county seat of the Primorje-Gorski Kotar County. The city's economy largely depends on shipbuilding ( shipyards " 3. Maj" and " Viktor Lenac Shipyard") and maritime transport. Rijeka hosts the Croatian National Theatre Ivan ...
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Refineries
A refinery is a production facility composed of a group of chemical engineering unit processes and unit operations refining certain materials or converting raw material into products of value. Types of refineries Different types of refineries are as follows: * Petroleum oil refinery, which converts crude oil into high-octane motor spirit (gasoline/petrol), diesel oil, liquefied petroleum gases (LPG), kerosene, heating fuel oils, hexane, lubricating oils, bitumen and petroleum coke * Edible oil refinery which converts cooking oil into a product that is uniform in taste, smell and appearance, and stability * Natural gas processing plant, which purifies and converts raw natural gas into residential, commercial and industrial fuel gas, and also recovers natural gas liquids (NGL) such as ethane, propane, butanes and pentanes * Sugar refinery, which converts sugar cane and sugar beets into crystallized sugar and sugar syrups * Salt refinery, which cleans common salt ( NaCl), ...
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Crisis Of 1929
The Wall Street Crash of 1929, also known as the Great Crash, was a major American stock market crash that occurred in the autumn of 1929. It started in September and ended late in October, when share prices on the New York Stock Exchange collapsed. It was the most devastating stock market crash in the history of the United States, when taking into consideration the full extent and duration of its aftereffects. The Great Crash is mostly associated with October 24, 1929, called ''Black Thursday'', the day of the largest sell-off of shares in U.S. history, and October 29, 1929, called ''Black Tuesday'', when investors traded some 16 million shares on the New York Stock Exchange in a single day. The crash, which followed the London Stock Exchange's crash of September, signaled the beginning of the Great Depression. Background The "Roaring Twenties", the decade following World War I that led to the crash, was a time of wealth and excess. Building on post-war optimism, rural Amer ...
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Banca Commerciale Italiana
Banca Commerciale Italiana (COMIT), founded in 1894, was once one of the largest banks in Italy. In 1999 it merged with a banking group consisting of Cassa di Risparmio delle Provincie Lombarde (aka Cariplo; est. 1823) and Banco Ambroveneto, which had merged in 1998. The bank group changed the name to Intesa-BCI, which BCI temporary became a sub-holding company. On 1 January 2003, the group's name changed to Banca Intesa. In 2006 Banca Intesa merged with Sanpaolo IMI, based in Turin, Italy, to form Intesa Sanpaolo. History BCI's predecessor was the '' Società Generale di Credito Mobiliare'', founded in 1862. This institution became successful as a lender to the iron and steel industry. However, the Italian banking crisis of 1893–1894, led to Credito Mobiliare's failure. On 10 October 1894 Credito Mobiliare was re-established as a private joint-stock bank under the name Banca Commerciale Italiana with capital from several German and Austrian banks, including S. Bleichröder, ...
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Giovanni Agnelli
Giovanni Agnelli (13 August 1866 – 16 December 1945) was an Italian businessman, who founded Fiat car manufacturing in 1899. Early life The son of Edoardo Agnelli and Aniceta Frisetti, he was born in 1866 in Villar Perosa, a small town near Pinerolo, Piedmont, still the main home and burial place of the Agnelli family. His father, mayor of Villar Perosa, died at age 40, when Giovanni was just five. He studied at the Collegio San Giuseppe in Turin; then embarked on a military career until 1893 when he returned to Villar Perosa, where he followed in his father's footsteps and became mayor in 1895 which he held until his death. Agnelli heard about the invention of the (then) new horseless carriage and immediately saw an opportunity for using his engineering and entrepreneurial skills. In 1898, he met Count Emanuele Cacherano di Bricherasio, who was looking for investors for his horseless carriage project; Agnelli sensed the opportunity. Business career On 11 July 1899, Agne ...
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Fiat Automobiles
Fiat Automobiles S.p.A. (, , ; originally FIAT, it, Fabbrica Italiana Automobili di Torino, lit=Italian Automobiles Factory of Turin) is an Italian automobile manufacturer, formerly part of Fiat Chrysler Automobiles, and since 2021 a subsidiary of Stellantis through its Italian division Stellantis Italy. Fiat Automobiles was formed in January 2007 when Fiat S.p.A. reorganized its automobile business, and traces its history back to 1899 when the first Fiat automobile, the Fiat 4 HP, was produced. Fiat Automobiles is the largest automobile manufacturer in Italy. During its more than century-long history, it remained the largest automobile manufacturer in Europe and the third in the world after General Motors and Ford for over 20 years, until the car industry crisis in the late 1980s. In 2013, Fiat S.p.A. was the second largest European automaker by volumes produced and the seventh in the world, while FCA was the world's eighth-largest automaker. In 1970, Fiat Automobiles em ...
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Giuseppe Belluzzo
Giuseppe Belluzzo (1876–1952) was an Italian mechanical engineer, scholar and politician. He was a member of the Italian Parliament and of the Italian Senate. He served as the minister of national economy and minister of public education in the cabinet of Benito Mussolini. Early life and education Belluzzo was born in Verona on 25 November 1876 into a working-class family. At 16 he obtained a license from a technical institute. Then he graduated from the Polytechnic University of Milan receiving a degree in mechanical engineering. Career and activities In 1899 Belluzzo won an award for his study on hydraulic turbines. In 1905 he established the first steam tribune of Italy. From 1914 to 1929 he was a full professor of construction of thermal and hydraulic engines at his alma mater, Polytechnic University of Milan. During World War I he joined the Italian army and was decorated with the war cross for his service. In the elections of 1924 and 1929 he won a seat at the Parlia ...
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