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ERG ERG SpA

17.80
0.19 (1.08%)
Last Updated: 11:46:18
Delayed by 15 minutes
Share Name Share Symbol Market Type
ERG SpA BIT:ERG Italy Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.19 1.08% 17.80 17.79 17.81 18.03 17.63 17.66 435,552 11:46:18

Exxon To 'Shortly' Restart Italy Trecate Refinery Crude Unit

01/09/2010 4:53pm

Dow Jones News


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Exxon Mobil Corp. (XOM) expects to restart "shortly" the crude distillation unit it was forced to shut in the Italian refinery of Trecate after a fire, said a company official Wednesday.

The company shut the crude distillation unit at Trecate after a "small" fire Tuesday and is investigating the matter, said Piero Biscari, head of Esso Italiana's external relations.

The refinery's other crude distillation unit is covering the facility's output obligations.

Biscari said there were no injuries resulting from the fire, which lasted 30 minutes.

Trecate produces about 7% of Italian oil products with 7 million metric tons of crude, according to the website of the Exxon's Italian subsidiary.

Exxon owns 74.1% of Trecate, while ERG SpA (ERG.MI) holds the remaining 25.9%.

-By Liam Moloney, Dow Jones Newswires; +39 06 6976 6924; liam.moloney@dowjones.com

 
 

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