AgipS.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 Italy's Basilicata region, where Agip (under Eni) has extracted oil from the Val d'Agri fields since the 1980s, criticisms center on wastewater reinjection practices that allegedly induced seismic activity and contaminated aquifers. Eni, Italian energy company operating primarily in petroleum, natural gas, and petrochemicals.Eni is an outgrowth of Agip (Azienda Generale Italiana Petroli), an oil and gas agency set up by the Italian fascist government in the 1920s. AGIP, by contrast, runs a gas-and-condensate field at Karachaganak, in the northern part of the country. The Kashagan field, named after an early 20th-century Kazakh poet, is thought to be the world's fifth-largest oil field, though exactly how much of its oil is recoverable is not certain. Eni Deutschland is a 100% subsidiary of the Italianoil company Eni, which was founded in 1926 as Agip (Azienda Generale Italiana Petroli) with the aim of securing the country’s energy supply and reducing Italy’s reliance on imports. What does Agip stand for? Масло Agip/Eni i-Sint MS 5W-30. Gunmen attacked an oil terminal in southern Nigeria belonging to a subsidiary ofItaly's Eni SpA yesterday, killing one person and taking four foreigners hostage. Italy's Foreign Ministry said that three Italians and one Lebanese national were kidnapped.