Vintage Enamel sign 'Agip Servizio Lubrificazione'

Vintage Enamel sign 'Agip Servizio Lubrificazione'

Italy 1960s-1970s

Size: 92 cm L x 70 cm W

Agip S.p.A., acronym for Azienda generale italiana petroli, was an Italian automotive gasoline, diesel, LPG, lubricants, fuel oil, and bitumen retailer established in 1926 and subsidiary of Eni S.p.A.

In 1924, Sinclair Oil, a U.S. oil company, and the Italian Ministry of National Economy created a fifty-year joint venture agreement to explore oil in Emilia-Romagna and Sicily, over an area of 40,000 km2.  40% of the capital was held by the ministry, all expenditure was incurred by Sinclair Oil and 25% of profits went to the Italian ministry.