Italy's oil bonanza does little for locals

Italy's oil bonanza does little for locals

Assessment

Interactive Video

Business

10th Grade - University

Hard

Created by

Quizizz Content

FREE Resource

The transcript discusses the transformation of a region in Italy, dubbed 'Italy's Texas', due to the discovery of a major oil and gas field. Eni, Italy's national oil company, leads production, contributing significantly to Italy's energy needs. International companies like Total, Exxon Mobil, and Shell are also involved, with low royalty rates. Despite economic benefits, locals express disillusionment and environmental concerns, particularly regarding oil spills and their impact on agriculture.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What nickname is given to the region in Italy due to its oil and gas discovery?

Italy's Texas

Italy's Alaska

Italy's California

Italy's Florida

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which company is currently managing the oil production in the region?

Eni

Total

Exxon Mobil

Shell

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the production target for the French company Total?

30,000 barrels per day

90,000 barrels per day

50,000 barrels per day

70,000 barrels per day

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of production royalties will the region receive from Total?

12%

10%

5%

7%

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a major concern among locals regarding the oil production?

High cost of living

Lack of job opportunities

Increased traffic congestion

Environmental damage from oil spills