The United States continues to be a source of innovation and transformation in the energy sector. A long-standing producer that, just 10 years ago, seemed destined to continue importing increasing quantities of energy has, with the shale revolution, become one of the world’s main producers of fossil fuels, with implications that are not only energy-related but also geopolitical. 

As well as its leading role in hydrocarbon production and consumption, the USA is a powerhouse of creativity and technology, able to develop crucial innovations and turn energy and regulatory paradigms on their heads. This can be seen, for example, in the development and expansion of renewable energy, particularly in areas such as California.  Latin America also offers major development opportunities in the sector. Consider, for example, the reserves in Brazil and Venezuela, and the new exploration opportunities that have emerged in Guyana in recent years. This wealth of conventional resources and renewables opportunities requires a modern approach to policy-making and actions, such as Mexico’s recent reopening to international companies.

Eni is pursuing major objectives in the Americas on several fronts, from exploration and production to refining, marketing, chemical engineering and research and development. Our new Upstream activities are focused on the eastern North Slope in Alaska and on the Mexican offshore, which forms a key part of our investment plans. And despite the difficulties currently preventing Venezuela from fully realising its enormous potential, we remain one of the leading companies operating in this country. In the refining, marketing and chemical engineering sectors, we produce and sell lubricants and methanol throughout the continent, as well as being involved in elastomer, styrene and polyethylene production. Since 2008, our research and development has been boosted by a strategic alliance with Massachusetts Institute of Technology (MIT), which involves joint hi-tech and ultra-innovative research projects in solar energy, nuclear fusion and carbon capture and reuse.