:Gruppo API

{{Infobox company

| name = Italiana Petroli S.p.A.

| logo =

| logo_size =

| image = API sede centrale.jpeg

| image_caption = Gruppo API headquarters

| former_name = Anonima Petroli Italiana S.p.A. (1933-2019)

| type = Private

| traded_as =

| foundation = {{Start date and age|1933}}

| founder = Ferdinando Peretti

| location_city = Rome

| location_country = Italy

| locations = 4,525

| key_people = Ugo Brachetti Peretti (Chairman)

| industry = Energy
Petroleum

| products = Petroleum
Petrochemicals

| brands = IP Gruppo API

| revenue = €6.8 billion

| revenue_year = 2018

| net_income = €63 million

| net_income_year = 2018

| assets =

| equity =

| owner = API Holding (100%)

| num_employees_year = 2018

| parent = API Holding

| subsid = {{Unbulleted list

|API Ancona Refinery (100%)

|IPlanet (50%)

}}

| num_employees = 1500

| homepage = {{URL|https://www.gruppoapi.com/}}

}}

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 oil and energy company headquartered in Rome.{{Cite web |date= |title=Le Sedi |url=https://www.gruppoapi.com/il-gruppo/le-sedi |url-status=dead |access-date=2017-09-24 |website=Gruppo api |language=it-IT |archive-date=3 July 2018 |archive-url=https://web.archive.org/web/20180703052225/http://www.gruppoapi.com/il-gruppo/le-sedi }} It is active in the fuel and mobility services sector through the IP Gruppo API brand.{{Cite web |date= |title=Il Gruppo |url=https://www.gruppoapi.com/il-gruppo |access-date=2017-09-24 |website=Gruppo api |language=it-IT |archive-date=10 July 2018 |archive-url=https://web.archive.org/web/20180710154911/https://www.gruppoapi.com/il-gruppo |url-status=dead }}{{Cite web |title=API (Anonima Petroli Italiana) in "Dizionario di Economia e Finanza" |url=https://www.treccani.it/enciclopedia/api_(Dizionario-di-Economia-e-Finanza) |access-date=2023-05-08 |website=Treccani |language=it}}

It is a subsidiary of API Holding, 100% owned by the Brachetti Peretti family. The president of API is Ugo Brachetti Peretti and the CEO is Alberto Chiarini.

In 2018 the company totaled €6.8 billion in turnover and €63.1 million in operating profit.{{Cite web |title=2019 03 08 - CS italiana petroli CDA def.pdf |url=https://www.gruppoapi.com/pdf/2019%2003%2008%20-%20CS%20italiana%20petroli%20CDA%20def.pdf |access-date=2019-12-18 |website=www.gruppoapi.com |language=it-IT |format=PDF}}

History

File:Ferdinando e Mila Peretti.jpg

Anonima Petroli Italiana (API) was founded in Ancona in 1933 by Ferdinando Peretti.{{Cite web |date= |title=La Storia |url=https://www.gruppoapi.com/il-gruppo/la-storia |access-date=2017-09-24 |website=Gruppo api |language=it-IT |archive-date=1 July 2018 |archive-url=https://web.archive.org/web/20180701095753/https://www.gruppoapi.com/il-gruppo/la-storia |url-status=dead }} It operates as a strategic coordinator of all API group's activities, through the direct supplying of semi-finished crude oil and assigned in the production, the acquisition of finished products and their transport, the exchanges with other oil companies to optimize the distributive logistics, the complementary activity of trading of crude oil and by-products to clients, and the sale of all the by-products in Italy and to foreign countries. It also is dedicated to operate and develop oil and gas field properties.{{cite web |title=Company Overview of API Anonima Petroli Italiana Spa |url=http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=5467324 |url-status=dead |archive-url=https://web.archive.org/web/20100117024608/http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=5467324 |archive-date=January 17, 2010 |accessdate=9 September 2012 |work=businessweek.com |publisher=BusinessWeek}}{{cite web |url=http://listofcompanies.co.in/api-anonima-petroli-italiana-s-p-a-api/ |title=API ANONIMA PETROLI ITALIANA S.P.A. – API |publisher=Listofcompanies.com |accessdate=9 September 2012}} It owns a refinery in Ancona with a capacity of 3.9 million tonnes/year and an electric power plant of 250 MW.

In 2005, the company acquired Italiana Petroli (IP) from Agip (Eni).{{Cite web |date= |title=PROVVEDIMENTO N. 14625 |url=http://www.agcm.it/AGCM_ITA/DSAP/DSAP_287.NSF/0/c82af8179f22adecc12570740058935c?OpenDocument |access-date=2007-11-23 |website=www.agcm.it |archive-date=27 September 2007 |archive-url=https://web.archive.org/web/20070927225832/http://www.agcm.it/AGCM_ITA/DSAP/DSAP_287.NSF/0/c82af8179f22adecc12570740058935c?OpenDocument |url-status=dead }}{{Cite web |date= |title=Ferdinando Peretti dall'API alla IP — Grandi personaggi — Impresa Oggi |url=http://www.impresaoggi.com/it2/1569-ferdinando_peretti_dallapi_alla_ip/ |access-date=2021-10-28 |website=www.impresaoggi.com}} After a few years running the chains in parallel, it switched all its stations to a revamped IP image and supplies in 2012 around 4,200 filling stations (up from around 1,600 at the time of the acquisition) with a market share of 11%.{{Cite web |date= |title=Distribuzione |url=https://www.gruppoapi.com/settori/logistica-e-distribuzione |access-date=2017-09-24 |website=Gruppo api |language=it-IT}}

In 2017, Total and Erg signed an agreement with Anonima Petroli Italiana, to sell the fuel marketing and refining assets in their TotalErg joint venture. Total has stated that the reason behind this divestment is that the Italian fuel market is highly fragmented and the company's expectations for profitability have not been met.{{Cite web|url=https://www.marketscreener.com/WTI-2355639/news/Total-and-ERG-Sell-Remaining-Joint-Venture-Assets-to-Anonima-Petroli-Italiana-25434306/|title=Total and ERG Sell Remaining Joint Venture Assets to Anonima Petroli Italiana {{!}} MarketScreener|last=MarketScreener|website=www.marketscreener.com|language=en|access-date=2019-07-29}}

In 2018 TotalErg was acquired by Gruppo API,{{Cite web |date= |title=Governance TotalErg - Chi siamo |url=https://www.totalerg.it/area-istituzionale/governance/acquisizione-da-parte-del-gruppo-api |access-date=2018-01-21 |website=TotalErg |language=it-IT |archive-date=12 January 2018 |archive-url=https://web.archive.org/web/20180112042557/https://www.totalerg.it/area-istituzionale/governance/acquisizione-da-parte-del-gruppo-api |url-status=dead }}{{Cite web |title=2018%2001%2010%20-%20CS%20closing%20api%20TE.pdf |url=https://www.gruppoapi.com/images/pdf/2018%2001%2010%20-%20CS%20closing%20api%20TE.pdf |access-date=2018-01-21 |website=Gruppo API |language=it-IT}} with the exception of the Special Fluids division, acquired by the newly formed Total Italia,{{Cite web |date= |title=Comunicato stampa |url=https://www.total.it/comunicato-stampa |access-date=2021-04-19 |website=Total Italia |language=it-IT}} and the subsidiary Totalgaz Italia, sold to the UGI Corporation and renamed UniverGas Italia.

All TotalErg stations will be progressively replaced by those bearing the IP Gruppo API brand.{{Cite web |last=Sabella |first=Marco |date=2017-03-11 |title=Api-Ip, la rete made in Italy compra tutte le stazioni Total Erg |url=http://www.corriere.it/economia/17_novembre_03/api-ip-rete-made-italy-compra-tutte-stazioni-total-erg-d21a9dec-c0e3-11e7-8b75-0df914d10fe2.shtml |access-date=2018-01-21 |website=Corriere della Sera |language=it}}{{Cite web |title=Api compra TotalErg: cosa cambia nel mercato della benzina - Panorama |url=https://www.panorama.it/economia/aziende/api-compra-totalerg-cosa-cambia-nel-mercato-della-benzina/ |access-date=2018-01-21 |website=www.panorama.it |language=it}}

In 2019, TotalErg merged into Anonoma Petroli Italiana, and the company took on the name Italiana Petroli.{{Cite web |last=Massimo |date=2019-01-21 |title=Api diventera' Italiana Petroli |url=https://www.gestoricarburanti.it/2019/01/21/api-diventera-italiana-petroli/ |access-date=2019-02-15 |website=GestoriCarburanti |language=it-IT}}

Operations

The Gruppo API also includes:{{cite web |title=Company Description: API Anonima Petroli Italiana Spa |url=https://www.reuters.com/finance/stocks/companyProfile?symbol=T7M.BE |accessdate=9 September 2012 |work=reuters.com |publisher=Reuters}}

API Ancona Refinery
API Energia
Festival
APIOil UK
API Services

API leverages a network of refineries for a total capacity of 5.5 million tonnes per year, including the entirety of the Ancona refinery, a portion of the Sarpom refinery in Trecate (Novara), and contract work at the Alma refinery in Ravenna.

The company derives its revenue from two main sources. Firstly, they distribute semi-finished crude oil products for the petrochemical industry to use in the rubber and other associated industries. These products are being sold in both domestic and international markets. Secondly, the company generates income from the ownership and operations of the IP gas station chain. After purchasing 2,600 gas stations from the company Eni, IP currently manages in 2009 over 4,200 gas stations, which are supported by the company's own oil products.{{Cite web|url=http://oilworldcompanies.com/anonima-petroli-italiana/|title=Anonima Petroli Italiana {{!}} oilworldcompanies.com|last=admin|language=en-US|access-date=2019-07-29}}

Starting in July 2021, Gruppo API has incorporated renewable raw materials into its refining process to produce biofuels.

In 2024 IP and Macquarie created a 50/50 joint venture, IPlanet, for the installation of electric charging stations in service stations.{{Cite web |last=Alteri |first=Melany |date=2023-10-05 |title=IPlanet: la rivoluzione della connessione, metà teconologia IP e metà Macquarie, per un futuro ancora più interconnesso |url=https://tecno-motori.it/news/iplanet-la-rivoluzione-della-connessione-meta-teconologia-ip-e-meta-macquarie-per-un-futuro-ancora-piu-interconnesso/ |access-date=2024-05-04 |website=TecnoMotori |language=it-IT}}{{Cite web |last=MarketScreener |date=2024-03-20 |title=Macquarie : IP and Macquarie announce joint venture for electrification of service areas - MarketScreener |url=https://uk.marketscreener.com/quote/stock/MACQUARIE-GROUP-LIMITED-6491460/news/Macquarie-IP-and-Macquarie-announce-joint-venture-for-electrification-of-service-areas-46236450/ |access-date=2024-05-04 |website=uk.marketscreener.com |language=en}}

IP Gruppo API

File:IP Logo.svg

Italiana Petroli, also known by the acronym IP or IP Gruppo API, is the brand owned by Gruppo API active in the fuel and mobility services sector.{{Cite web |date= |title=Il marchio |url=https://www.ip.gruppoapi.com/brand/il-marchio |access-date=2017-09-24 |website=IP Gruppo api |language=it-IT |archive-date=29 September 2017 |archive-url=https://web.archive.org/web/20170929192606/http://www.ip.gruppoapi.com/brand/il-marchio |url-status=dead }}

Italiana Petroli (IP) was officially born in Genoa in May 1974{{cite news |date=8 May 1974 |title=Muta denominazione la "Shell Italiana" |url=http://www.archiviolastampa.it/component/option,com_lastampa/task,search/mod,libera/action,viewer/Itemid,3/page,14/articleid,0016_01_1974_0100_0014_21674696/ |periodical=La Stampa |page=14}} as the epilogue of the process which, at the end of 1973, had led to the acquisition of the activities of Shell Italiana, by Agip (Eni):{{cite news |date=29 December 1973 |title=L'Eni acquista la Shell italiana |url=http://www.archiviolastampa.it/component/option,com_lastampa/task,search/mod,libera/action,viewer/Itemid,3/page,1/articleid,1118_01_1973_0303_0001_22012333/ |periodical=La Stampa |page=1}} the new company inherits the entire distribution network of the Anglo-Dutch company.{{cite book |title=Italiana Petroli. 80 anni di attività 1912-1992 |date=1992 |publisher=IP |id=sbn IT\ICCU\MIL\0305416}} The new brand replaced that of Shell during 1975; the renewal process, in addition to the image, leads to the modernization of the company's service stations and the updating of the range of products sold.{{cite news |date=November 1975 |title=Il marchio "IP" sostituisce la conchiglia Shell |periodical=Quattroruote |number=7}}

At the end of 2004 Eni put IP up for sale via tender, which in the first months of 2005 was purchased by Anonima Petroli Italiana (API) for 189 million euros; the transition was formalized the following 6 September. In 2007 IP was merged by incorporation into API: a corporate rebranding followed which led all former API distributors to adopt the IP brand.{{cite web |date=26 November 2008 |title=Nuova immagine per i distributori API IP |trans-title=New image for API IP distributors |url=http://www.draft.it/cms/Contenuti/nuova-immagine-per-i-distributori-api-ip/ |website=www.draft.it/ |language=Italian}}

In 2017, with the acquisition of TotalErg by Gruppo API, the former TotalErg network switched to the IP brand which thus became, with around 5,000 distributors, the most widespread oil brand on Italian roads with the 24% of the national market.{{cite journal |author=Giorgio Carlevaro |date=2021 |title=Cosa è rimasto dopo il "viavai" dei marchi sulla rete carburanti |journal=Muoversi |number=2}}