The strategic transformation outlined in the plan will create a much more robust Eni, able to face a period of low oil prices while continuing to create sustainable value.

Business lines

  • Exploration & Production

    E&P is our main business. It is currently present in 42 countries and is focused on finding and producing oil and gas. Eni’s strategy is to deliver organic production growth, leveraging on a highquality portfolio of assets and longstanding relationships with host countries. Our strategy combines geographical diversification with scale benefits and project synergies.


  • Gas & Power

    G&P is engaged in all phases of the gas value chain: supply, trading and marketing of gas and electricity, gas infrastructures, and LNG supply and marketing. Eni sells more than 60% of its gas outside Italy and its leading position in the European gas market is supported by competitive advantages, including its multicountry approach, longterm gas availability, access to infrastructure, market knowledge, wide product range and strong customer base.

  • Refining & Marketing

    R&M refines and markets fuels and other oil products primarily in Italy. Our R&M division is relatively small compared to the R&M segment of our peers. Eni is the largest refiner in Italy and the leading operator in retail marketing of fuels with a market share of around 25,5%. Eni’s strategy in R&M is to cut capacity and costs and enhance margins to return to profitability.

R&M - 2016 highlights

  • adj operating profit (€ millions) 583
  • capex (€ millions) 664
  • throughput (Mtonnes/year) 25
Source: eni.com

G&P - 2016 highlights

  • adj operating profit (€ millions) -390
  • capex (€ millions) 120
  • gas sold worldwide (bcm) 89
  • electricity sold (TWh) 37
Source: eni.com

E&P - 2016 highlight

  • adj operating profit (€ billions) 2.5
  • capex (€ billions) 8.2
  • production (Mboe/d) 1.76
  • proved reserves with a life index of 11,6 y (bln boe) 7.5
  • organic reserve replacement ratio (%) 193
Source: eni.com

2017-2020 Strategy

On 1st March in London, Eni's top management presented the company’s 2017-2020 strategy to the financial community.

Learn more

From Enipics

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From Enivideochannel

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#theEnimodel - Strategy Presentation 2017-2020 | Eni Video Channel

Eni’s chief executive Claudio Descalzi and Top Management presented in London the 2016 Results and the 2017-2020 Strategy, #theEnimodel. Find out more on https://www.eni.com/en_IT/live.page Subscribe on Eni Video Channel https://www.youtube.com/channel/UC4T5-TgmOJWXgeOLGwj-Ekw ----- Want more from Eni? Facebook: https://www.facebook.com/EniItalia/?fref=ts Twitter: https://twitter.com/eni https://twitter.com/Eniday Instagram: https://www.instagram.com/eni/ Flickr: https://www.flickr.com/photos/enidigital/albums Google+: https://plus.google.com/u/2/106162487688494239281/posts

From Enipics

Visit the official channel Flickr

Eni financial highlights and key performance Indicators

A statutory summary to highlight the link between cash flow and changes in net debt between the start and end of the reclassified period. We are an energy company. We are working to build a future w

12 May 2016 eni.com Section: investors

Cuts to investments in response to falling prices

these two categories of producers have reduced their 2016 investment budget by more than 50% compared to 2015 Unlike the majors, the cut in investments was mainly decided from 2015 and therefore did not anticipate [...] Cuts to investments in response to falling prices 2015 was an important transitional year for ...

1 January 2016 eni.com Section: company

Cuts to investments in response to falling prices

these two categories of producers have reduced their 2016 investment budget by more than 50% compared to 2015 Unlike the majors, the cut in investments was mainly decided from 2015 and therefore did not anticipate [...] Cuts to investments in response to falling prices 2015 was an important transitional year for ...

1 January 2016 eni.com Section: company

Cuts to investments in response to falling prices

these two categories of producers have reduced their 2016 investment budget by more than 50% compared to 2015 Unlike the majors, the cut in investments was mainly decided from 2015 and therefore did not anticipate [...] Cuts to investments in response to falling prices 2015 was an important transitional year for ...

1 January 2016 eni.com Section: company

Eni's upstream model: the key to business development

Eni's upstream model: the key to business development Eni's upstream model: the key to business development Overview On this page, the company's financial results and presentations by the top management [...] Production Documents eni's upstream model - the key to business development pdf 3 MB Conference call transcript ...

14 March 2013 eni.com Section: enipedia

Eni's investments in the Exploration & Production segment

approximately 5% from 2016. Successes and investments In 2016 we achieved numerous goals including investing in development, exploration and production. Capital investment Capital expenditure Capital expenditure [...] News Exploration and production: performance and investments during the year Among the results achieved in 2016: the trend of GHG emission index compared to ...

4 May 2017 eni.com Section: operations

Here is the strategic plan of Eni.com for 2016‐2019: take a look

for shareholders. The strategy we presented in july 2014 was based on four key pillars, the restructuring and trasformation of Eni into a fully integrated Oil & Gas company, the consolidation of profitable [...] people I am glad to report that all of these key milestones have been achieved in advance. Claudio ...

12 May 2016 eni.com

Gas and power: performance and investments during the year

performance and investments during the year The sector saw an increase in gas sales, increased investment and the development of power stations. Our results 2016 saw a rise in gas sales and investment as well [...] These effects were partly offset by optimization actions and better performance in trading activities. Eni ...

12 May 2016 eni.com Section: operations

Community development projects

around the world, in which Eni has conducted community development projects areas in which Eni is active (health, education, socio-economic empowerment) data on community investments in the last three years [...] conventions (Community Investment) in 2015 amounts to approximately 74 million euros, an increase over 2014, of which approximately 95% in ...

12 May 2016 eni.com Section: enipedia

Refining and marketing: performance and investments

News Refining and marketing: performance and investments The improvement in results is due to better refining margins as well as efficiencies and optimisation of the refineries structure. Successes and

3 May 2017 eni.com Section: operations