has invested in the ability to process heavy-sour imports rather than light-sweet oil from shale, pipeline needs and a range of environmental issues. Maugeri was Senior Executive Vice President of Strategies and Development at ENI, and Executive Chairman of Polimeri Europa, ENI’s petrochemical branch. E

tight oil fields, whose production — although still in its infancy — is already skyrocketing in North Dakota and Texas.” Regarding the Bakken shale, Maugeri’s estimate of 300 billion barrels of oil in place are exceeded by larger mean estimates from USGS geochemist Leigh Price and Continental Resources.