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...long after he took over Italy's giant state-owned petroleum monopoly E.N.I, last fall, scholarly Marcello Boldrini, 73, closed a deal to buy crude oil from Esso. His move spurred speculation that E.N.I, might be turning away from its Russian oil suppliers to resume a romance with the "seven sisters"-the name that his predecessor, the late Enrico Mattei, used to describe the big Western-owned oil companies. Last week, after Boldrini returned home from a week's visit in Moscow, it was clear that E.N.I, intends to keep right on doing business with the Russians...

Author: /time Magazine | Title: Italy: Two-Timing the Seven Sisters | 6/14/1963 | See Source »

Considering Boldrini's age, Italians are already speculating on his successor. The morning line favors Eugenio Cefis, 42, who moved up to Boldrini's vice presidency last week. Cefis (pronounced Cheh-feece) met Mattei in the anti-Nazi resistance after the collapse of Mussolini and stayed on to help Mattei negotiate many of E.N.I.'s oil prospecting deals...

Author: /time Magazine | Title: Italy: Whither E.N.I.? | 11/16/1962 | See Source »

...personal fief, or choosing a tough successor to carry on Mattei's expansionary and controversial policies. Premier Amintore Fanfani last week did neither. To succeed Mattei as head of the "state within the state'' Fanfani selected E.N.I.'s scholarly vice president. Professor Marcello Boldrini, a mere 72, and Mattel's lifelong loyal friend...

Author: /time Magazine | Title: Italy: Whither E.N.I.? | 11/16/1962 | See Source »

...Boldrini predictably vowed to continue Mattei's policies, which involved buying huge shipments of oil from the Russians, offering cut-rate competition for private Western oil majors for drilling and refining rights in Africa and Asia, and aggressively tightening E.N.I.'s grasp on the Italian economy through interests ranging from fertilizers to cement. But Boldrini is neither young nor dynamic and much prefers his off time job as statistics professor at Rome University. He is being referred to as an "interim Pope...

Author: /time Magazine | Title: Italy: Whither E.N.I.? | 11/16/1962 | See Source »

...largest contributors to Fanfani's Christian-Democratic Party, gave generously to other political parties. Italian politicians who could find time to write reports for E.N.I, or give lectures to its officials were well paid. The man who handled many of E.N.I.'s parliamentary ''contacts" was Boldrini...

Author: /time Magazine | Title: Italy: Whither E.N.I.? | 11/16/1962 | See Source »

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