 | |
| Company type | S.p.A. |
|---|---|
| Industry | Petroleum |
| Founded | 1987 |
| Founder | |
| Defunct | 1995 |
| Fate | Sold and merged into Shell Italia |
| Successor | Shell Italia |
| Headquarters | , Italy |
Area served | Italy |
| Products | Petroleum |
| Owner |
|
MonteShell S.p.A. was an Italian company active in the oil sector, jointly controlled by Servizi ELettrici Montedison - SELM S.p.A. and Shell Italia S.p.A..
In particular, it dealt with the refining, transport and distribution of automotive fuel.
At the beginning of the 1960s, Montecatini and Shell had already joined forces in MonteShell Petrolchimica, owner of a plant in the chemical hub of Ferrara [1] and an industrial site in Brindisi. [2] Towards the end of the decade, Montedison purchased Shell's share and merged the petrochemical sector into Montesud. [3] [4] [5] Subsequently, in 1973, Shell abandoned Italy by selling its plants to Eni.
In 1987 SELM, of the Montedison group, acquired the Italian network of Total, which had been losing money for years, for around 240 billion lire. The reason for the operation is dictated by the need to open a new distribution channel following the opening of crude oil production in the Sicily Channel, with the opening of the Vega platform; [6] specifically, SELM's subsidiary, Valmont, bought 100% of Total Sipa and the 2,566 owned plants which were added to the 400 held by SELM, [7] coming to hold 7.3% of the national market, the fourth Italian player. [8] Also included in the Total package was the ex Aquila refinery, useful for the vertical integration of activities.
A few months later the creation of MonteShell was announced, [9] a joint venture between SELM and Shell Italia, created to compete in the distribution of fuels, lubricants, LPG and bitumen: [10] SELM puts its know-how in extraction and refining, while Shell in retail. Added to the 3,000 SELM stations are the 120 Shell refueling points [11] (acquired a few years earlier from Conoco), in addition to the ROL refinery sold by Montedison. [12] In 1993 the company achieved the best balance sheet in its history, with 3,801 billion in turnover, EBITDA of 107.4 billion and a profit of 5.2 billion. The network drops to 2,154 plants and MonteShell is in fourth place among operators, after Agip/IP, Esso and Q8. [13]
With the arrival of 1995, we witnessed the end of MonteShell. Edison, the new guise of SELM, sells 50% of the company to Shell, [14] grossing 238 billion lire. [15] The collaboration between the two partners will continue for a few more years, but only for LPG and bitumen activities. [16]
Agip S.p.A., acronym for Azienda generale italiana petroli, was an Italian automotive gasoline, diesel, LPG, lubricants, fuel oil, and bitumen retailer established in 1926 and subsidiary of Eni S.p.A.
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Enel S.p.A. is an Italian multinational manufacturer and distributor of electricity and gas. Enel was first established as a public body at the end of 1962, and then transformed into a limited company in 1992. In 1999, following the liberalisation of the electricity market in Italy, Enel was privatised. The Italian state, through the Ministry of Economy and Finance, is the main shareholder, with 23.6% of the share capital as of 1 April 2016.
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"Almeno tu nell'universo" is a song written by Bruno Lauzi and Maurizio Fabrizio and recorded by Italian singer Mia Martini, who released it as a single in 1989 and included the track in her self-titled album Martini Mia. Martini performed the song for the first time at the Sanremo Music Festival 1989, where it placed 9th in a field of 24, but received the Critics' Award, which would be named after Martini herself after her death. The song later became a commercial success, being certified platinum by the Federation of the Italian Music Industry, and is now considered a classic of Italian popular music.
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Vitol is a Swiss-based Dutch multinational energy and commodity trading company that was founded in Rotterdam in 1966 by Henk Viëtor and Jacques Detiger. Though trading, logistics and distribution are at the core of its business, these are notably complemented by refining, shipping, terminals, exploration and production, power generation, and retail businesses. Vitol has over 40 offices worldwide, with its largest operations in Geneva, Houston, London, and Singapore.
Italiana Petroli S.p.A., also known by the acronym API or Gruppo API, is an Italian oil and energy company headquartered in Rome. It is active in the fuel and mobility services sector through the IP Gruppo API brand.
Pak-Arab Refinery Company Limited (PARCO) is a Pakistani joint venture oil and gas company active in refining, transporting and marketing petroleum products. It is a joint-venture between governments of Pakistan and Abu Dhabi.
Saras S.p.A. is an Italian energy multinational corporation with operations in petroleum refining, marketing, transportation and power generation headquartered in Milan and plants and registered office in Sarroch. Its main production plants are located in Sarroch, on the island of Sardinia, Italy.
Rosalba Pippa, better known by her stage name Arisa, is an Italian singer, actress, and television personality.
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The Clyde Refinery was a crude oil refinery located in Clyde, New South Wales, Australia, operating between 1925 and 2013. At the time of its closure it had a refinery capacity of 85,000 barrels per day (13,500 m3/d) and was the oldest operating oil refinery in Australia. It was operated by Shell Refining (Australia) Pty Ltd and owned by the Royal Dutch Shell.
Ceylon Petroleum Corporation, commonly known as CEYPETCO (CPC), is a Sri Lankan oil and gas company. Established in 1962 and wholly owned by the Government of Sri Lanka, it is the largest oil company in Sri Lanka. It was formed in 1961 by nationalisation and expropriation of all private oil companies in Sri Lanka at the time of its formation. It is under the ownership of Ministry of Petroleum Resources Development headquartered in Colombo. It is the largest government owned company in the country, with an operational profit of Rs. 33.9 billion for the financial year 2020.
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