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ERG refining and oil products summary

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17 January 2017

ERG refining and oil products summary

Report summary

ERG's focus has turned to the renewable energy segment, with the primary objective of consolidating its position in Italy while expanding in Europe through organic and acquisition-led growth, largely in wind projects. On the other hand, ERG further reduced exposure to refining by exiting ISAB and closing the Rome facility. In fuels marketing, the TotalERG retail network was further rationalised and the Sicilian and Swiss businesses divested to adapt to persistently challenging market conditions. In August 2016, Total and ERG announced their intention to divest the last retail network in mainland Italy. 

Table of contents

    • SWOT Analysis
    • Core strategy is now focused on renewable energy
    • Full exit from ISAB and closure of Rome, further reduced exposure to refining
    • TotalERG's fuels marketing operations was gradually reduced with last retail network in mainland Italy now on sale
  • Financials
    • European Refining & Marketing Operations
    • Refining
    • Marketing
    • Supply/Demand
    • Recent European Acquisition/Divestment

Tables and charts

This report includes 10 images and tables including:

  • EBITDA by business segment
  • Capex by business segment
  • Executive summary: Table 1
  • Portfolio summary: Image 1
  • Company Refining Capacity (year end)
  • Service Stations (year end)
  • Total Company Position
  • Refining and oil products: Image 2
  • Refining and oil products: Table 1
  • Mergers and acquisitions: Table 1

What's included

This report contains:

  • Document

    ERG refining and oil products summary

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