Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Eni Plans to Convert Venice Refinery Into Biofuels Facility

Sept. 21 (Bloomberg) -- Eni SpA, Italy’s largest oil company, plans to convert its Venice refinery into a biofuels facility by 2014.

Eni staff met labor unions and city staff to review the project, which involves an investment of about 100 million euros ($130 million), the Rome-based company said in a statement. Eni said it will be the first conversion of a conventional refinery into a “bio” refinery.

Conversion of the plant will begin in the second quarter of 2013 and finish by the end of the year, allowing biofuels production to start from Jan. 1, 2014. New facilities to be constructed will be completed in the first half of 2015.

The plant can process 80,000 barrels of crude a day, according to data compiled by Bloomberg.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.