BUSINESS ABROAD: Progress in Rome

For the Fourth World Petroleum Congress, oilmen from 44 nations chose Rome, headquarters of Italy's monopolistic Ente Nazionale Idrocarburi (E.N.I.), the state-owned oil company that has consistently fought private international development of Italy's oil resources (TIME, Nov. 29). Italy-had offered to be host to the congress, and the oilmen had accepted. The 3,200 delegates hoped to impress E.N.I. and its Boss Enrico Mattel with the power and efficiency of private oilmen, thus persuade E.N.I, to be more cooperative.

Italy's oil industry desperately needs foreign capital and know-how. But foreign oilmen have...

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