HOME

TheInfoList



OR:

Erg S.p.A., acronym for Edoardo Raffinerie Garrone, is an Italian energy company, founded in 1938, and based in Genoa, Italy.


History

Erg was founded by Edoardo Guida Garrone in 1938, founding a company for the refining of petroleum.In 1952, Erg signs an agreement to refine the oil on behalf of BP. During the 1960s and 1970s the company started to build some oil refineries and pipelines in Italy, particularly a pipeline in Arquata Scrivia and an oil refinery in Priolo Gargallo ( ISAB). In the 1980s Erg acquired the petrol stations networks owned by Elf, Chevron, and BP in Italy, through Erg Petroli. Since 1997 the company is listed on the Italian Stock Exchange. In 1999 it opened gas, (petrol), stations network in Spain through Erg Petroleos, sold in 2008 to
Saras S.p.A. 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 lo ...
In 2007 Erg started to operate in the French and German wind markets, acquiring wind farms also in Bulgaria, Romania, Polonia and United Kingdom. In 2008 it signed an agreement with
Lukoil The PJSC Lukoil Oil Company ( stylized as LUKOIL or ЛУКОЙЛ in Cyrillic script) is a Russian multinational energy corporation headquartered in Moscow, specializing in the business of extraction, production, transport, and sale of petrol ...
, sharing the 49% of oil refinery in Priolo Gargallo. In 2009 it launched its own
Mobile Virtual Network Operator A mobile virtual network operator (MVNO) is a wireless communications services provider that does not own the wireless network infrastructure over which it provides services to its customers. An MVNO enters into a business agreement with a mobil ...
:
Erg Mobile ERG S.p.A. is a publicly listed Italian energy company, founded in 1938, and based in Genoa, Italy. History ERG was founded by Edoardo Guida Garrone in 1938, founding a company for the refining of petroleum. In 1952, ERG signs an agreement to ...
, becoming the first Italian oil company with its own telecommunications company. On 1 October 2010, Total Italia and Erg Petroli merged to create TotalErg, a joint venture between Total (49%) and Erg (51%). In early 2011 Erg reduced its share in ISAB from 51% to 40%. Two years later Erg completed the exit from the
refining {{Unreferenced, date=December 2009 Refining (also perhaps called by the mathematical term affining) is the process of purification of a (1) substance or a (2) form. The term is usually used of a natural resource that is almost in a usable form, b ...
sector. In the meantime (since 2010) Erg grew in the Italian wind power sector becoming the leading wind operator in Italy in 2013. In 2015 Erg entered the
hydroelectric Hydroelectricity, or hydroelectric power, is electricity generated from hydropower (water power). Hydropower supplies one sixth of the world's electricity, almost 4500 TWh in 2020, which is more than all other renewable sources combined and ...
sector, via acquisition of E.ON's Italian assets, with 527 MW of capacity. In January 2018, Total and Erg completed the closing with
Gruppo API Italiana Petroli S.p.A. (until 2019 Anonima Petroli Italiana S.p.A.), also known by the acronym API or Gruppo API, is an Italian petroleum, oil and energy company Headquarters, headquartered in Rome. It is active in the fuel and Mobility as a se ...
regarding the sale of TotalErg, and Erg completed its industrial transformation process towards renewables. In the same year, Erg entered the solar power business through the acquisition of 89 MW (30 photovoltaic plants) in Italy.


Profile

Following a period of profound transformation (sale of the ISAB refinery and of the ISAB Energy power station, creation and sale of the TotalErg joint venture and the sale of the Erg Oil Sicilia network), Erg group is now the leading operator in wind energy in Italy and is currently among the top ten in Europe (onshore). It also owns a combined cycle power plant (Erg Power, 480 MW) in Priolo Gargallo in Sicily and in 2015 purchased the Terni (527 MW) hydroelectric unit from EON Produzione. Erg is also active in Italy in the generation of electricity from solar sources (140 MW). Erg is present with 359 MW in France, 272 MW in Germany, in Romania (70 MW) and in Bulgaria (54 MW). With regard to sustainability issues, in October 2022, Standard Ethics Aei upgraded Erg's sustainability rating to "E+" with a positive outlook on a scale of F to EEE within the SE European Utilities Index.


Erg Mobile

Erg Mobile was an Italian
Mobile Virtual Network Operator A mobile virtual network operator (MVNO) is a wireless communications services provider that does not own the wireless network infrastructure over which it provides services to its customers. An MVNO enters into a business agreement with a mobil ...
owned by the oil company Erg, later TotalErg. Operational since 15 April 2009, it was the result of a commercial agreement between Erg and Vodafone (the
service Service may refer to: Activities * Administrative service, a required part of the workload of university faculty * Civil service, the body of employees of a government * Community service, volunteer service for the benefit of a community or a pu ...
, launched as ESP MVNO, in fact uses the GSM/
GPRS General Packet Radio Service (GPRS) is a packet oriented mobile data standard on the 2G and 3G cellular communication network's global system for mobile communications (GSM). GPRS was established by European Telecommunications Standards Insti ...
/ UMTS network of the British
company A company, abbreviated as co., is a Legal personality, legal entity representing an association of people, whether Natural person, natural, Legal person, legal or a mixture of both, with a specific objective. Company members share a common p ...
). The Erg Mobile service was available for subscription, from April 2010, throughout the entire Erg, then TotalErg, distribution network. The
area code A telephone numbering plan is a type of numbering scheme used in telecommunication to assign telephone numbers to subscriber telephones or other telephony endpoints. Telephone numbers are the addresses of participants in a telephone network, rea ...
used was 377-5. The main feature of Erg Mobile was the ambivalent one of giving advantages on
fuel A fuel is any material that can be made to react with other substances so that it releases energy as thermal energy or to be used for work. The concept was originally applied solely to those materials capable of releasing chemical energy but ...
to those who use Erg Mobile and on top-ups to those who get fuel at
service stations A filling station, also known as a gas station () or petrol station (), is a facility that sells fuel and engine lubricants for motor vehicles. The most common fuels sold in the 2010s were gasoline (or petrol) and diesel fuel. Gasoline ...
. On 10 January 2018, the sale of the TotalErg
business Business is the practice of making one's living or making money by producing or Trade, buying and selling Product (business), products (such as goods and Service (economics), services). It is also "any activity or enterprise entered into for pr ...
unit relating to fuels to
Gruppo API Italiana Petroli S.p.A. (until 2019 Anonima Petroli Italiana S.p.A.), also known by the acronym API or Gruppo API, is an Italian petroleum, oil and energy company Headquarters, headquartered in Rome. It is active in the fuel and Mobility as a se ...
was completed and on 30 November 2018, after months of uncertainties and disservices in the provision of new SIMs, the operator, via an SMS, notified the its customers of the cessation of all activities starting from March 30, 2019.


Sponsorship

Erg was the main sponsor of U.C. Sampdoria (until 2011), a football club that was owned by the Garrone family ( Riccardo Garrone was the chairman, with
Edoardo Edoardo is the Italian form of the English male given name Edward. Notable people named Edoardo include: * Edoardo Agnelli (industrialist) (1892–1935), Italian industrialist * Edoardo Alfieri (1913–1998), Italian sculptor * Edoardo Amaldi (1908 ...
as the vice-chairman, and Vittorio as director), for more than 9 years.


References


External links

* {{Authority control Companies based in Genoa Italian brands Oil and gas companies of Italy Energy companies established in 1938 Automotive fuel retailers Filling stations Non-renewable resource companies established in 1938