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Eni to convert Venice refinery to biofuels plant

09.21.2012  |  HP News Services

The Italian firm plans to start biofuels production in January 2014 and complete the conversion in the first half of 2015, citing a crisis hitting the European refining sector.

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By LIAM MOLONEY

ROME -- Eni SpA, Italy's biggest energy company, said Friday it will invest about 100 million euros ($130 million) to convert its Venice plant to refine biofuels, as it aims to make the facility profitable in the long term amid a crisis hitting the European refining sector.

In a statement, Eni said it informed labor unions and government officials about the conversion, which will start in the second quarter of 2013. The conversion is expected to be completed at the end of that year.

Production of biofuels at the refinery is expected to start in January 2014 and be fully operational in the first half of 2015, the Rome-based company said.

Until the conversion starts, the refinery will continue to work normally, it added.


Dow Jones Newswires



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Hasan
12.07.2012

This is an intelligent qesituon that gets to the heart of the free energy issue.The reason it would not work is that no transfer of energy is completely free from loss to friction and heat. The energy created by using the compressed air would not be enough to re-compress the same amount of air as was used to run the generator and the compressor. In other words, it would not take just some of the electricity as you suggest, but more than the amount generated.Energy cannot in truth be created except by transforming mass into energy, because energy and mass are interchangeable. There is no free energy. We must always use some resource to transform one type of energy into another (except, again, in nuclear power which transform mass into energy, and has its own costs).

gamal abd elsalam
09.24.2012

dear sir,
what types of biofuels in this refinery.

best regards

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