On the path to Net Zero by 2050, Eni is committed to ensuring energy security for its customers and the European system by securing energy supplies through a consolidated global portfolio within a network of agreements and collaborations with international partners and through alliances with producer countries.
Eni's medium- to long-term strategy based on source diversification, decarbonization and energy security, together with its worldwide presence enable it to respond effectively to market demands. Eni contributes to strengthening the security of energy supply by relying on a sustainable combination of reserves and resources, consolidating alliances with producer countries and thus facilitating an increasing diversification of energy sources.
Since the end of 2021 Eni's CEO Claudio Descalzi has been meeting with the governments and institutions of a number of producer countries in the Middle East and Africa, signing new agreements and consolidating alliances that aim to increasingly diversify supply sources, starting with natural gas, which we consider a major driver in supporting the energy transition, as well as renewables, including biofuels, wind and photovoltaics, and the research and development of low-emission game-changer technologies, such as CCUS for the capture, storage and reuse of carbon dioxide and magnetic confinement fusion, on which we have been working since 2018 in collaboration with the Commonwealth Fusion Systems (CFS), a spin-out of MIT in Boston.