Enrico Mattei

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Enrico Mattei (Italian pronunciation: [enˈriːko matˈtɛi]; 29 April 1906 – 27 October 1962) was an Italian public administrator. After World War II, he was given the task of dismantling the Italian petroleum agency Agip, a state enterprise established by Fascist Italy. Instead, Mattei enlarged and reorganized it into the National Fuel Trust (Italian: Ente Nazionale Idrocarburi, ENI). Under his direction, ENI negotiated important oil concessions in the Middle East as well as a significant trade agreement with the Soviet Union, which helped break the oligopoly of the "Seven Sisters" that dominated the mid-20th-century oil industry. He also introduced the principle whereby the country that owned exploited oil reserves received 75% of the profits. Mattei, who became a powerful figure in Italy, was a member of Christian Democracy and of the Italian Parliament from 1948 to 1953. Mattei made ENI a powerful company, so much so that Italians called it "the state within the state". He died in a plane...

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