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 over 40 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 and Chemicals

    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%. Eni’s strategy in R&M is to cut capacity and costs and enhance margins to return to profitability.

R&M - 2017 highlights

  • adj operating profit (€ millions) 991
  • capex (€ billions) 0.7
  • throughput (Mtonnes/year) 24

E&P - 2017 highlight

  • adj operating profit (€ millions) 5.2
  • capex (€ billions) 7.7
  • production (Mboe/d) 1.82
  • proved reserves with a life index of 11,6 y (bln boe) 7
  • organic reserve replacement ratio (%) 103

G&P - 2017 highlights

  • adj operating profit (€ millions) 214
  • capex (€ billions) 0.1
  • gas sold worldwide (bcm) 81
  • electricity sold (TWh) 35

2018 Business Outlook

Management’s expectations for our business performance in 2018 are provided below.

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Our mission

Our model for sustainable development.

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Eni's strategy

Our commitment and aims for the period to 2021

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From Enivideochannel

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#SetforGrowth 2018-2021 Strategy - Eni's plan | Eni Video Channel

Eni's 2018-2021 plan: value expansion in all business. 2018-2021 Strategy.

Eni financial highlights and key performance Indicators

The key financial, economic and operational figures on continuing operations. Economic, financial and operational performance over the past three years Over the past three years, we have made significant [...] both growth and the creation of value. This process of radical change, begun in 2014, has enabled ENI to transform its ...

3 May 2017 Section: investors

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 In detail: the date of the event and a list of speakers the presentation viewable [...] Production Documents eni's upstream model - the key to business development pdf 3 MB Conference call ...

14 March 2013 Section: enipedia

Our answers to Amnesty International - Key finding 4 - Request for information

Zero oil spill target NAOC JV aims to achieve "zero oil spills" target. The actions already put in place will be continuously reinforced through: Prevention by asset integrity, pipeline replacement program,

16 March 2018 Section: media

Our answers to Amnesty International - Key finding 2 - Failure to take prompt steps to prevent pollution

Meanwhile the line has been isolated and containment measures (deployment of booms) have been put in place around the leak point on the line. We therefore seize this opportunity to inform you once again that [...] manage oil spill emergencies, the NAOC JV developed an Oil Spill Contingency Plan, in compliance ...

16 March 2018 Section: media


the children can learn and better themselves. They have a place dedicated to studying where they can also have fun and be carefree. It was Eni that launched Aprendemos Brincando project for Paquitequete [...] international Thirst for Peace meeting Education is a key part of development Access to education is fundamental ...

30 November 2017 Section: Sustainability

Point of Ayr Land Management Programme – Environment education

the Point of Ayr Gas Terminal in North Wales, a key element of the Liverpool Bay development at that time. The conservation of the area Since 2014, when Eni took over 100% operatorship of the Liverpool Bay [...] preserving and enhancing natural environmental features of key importance in this area of ...

6 February 2018 Section: media

Our answers to Amnesty International - Key finding 1 - Failure to take all reasonable measures to prevent spills

due to oil theft in 2013 VS the results obtained in 2017, following the preventive measures put in place by the Company. Oil theft activity virtually ceased in swamp (-91% vs 2013). Minor bunkering remains

16 March 2018 Section: media

Our answers to Amnesty International - Key finding 3 - Unreliable or misleading information

data recording. The fact that the JIV reports are publicly available, makes it possible to compare key data agreed on the field, and those reported by the company. At the end of the Joint Investigation [...] report. Moreover, the digital copy of the JIV report is available on the NAOC sustainability ...

16 March 2018 Section: media

#ThisisEni-Sewing machine

sewing and embroidery training centre founded by Eni in Sujawal District in Pakistan and got in touch. It is one of several sustainability initiatives Eni has set up in the country. Having learnt the basics, [...] Formula , which places dialogue and co-operation with our host countries at its heart. The initiatives ...

30 November 2017 Section: Sustainability

Liverpool Bay. Safety and environment

Field Study Center Keeping children safe is always a priority. Safe children will be safe adults. Thus Eni Liverpool Bay decided to become one of the founding partners of a project teaching about safety and [...] Authority, and has the continued support from North Wales Police, North Fire and Rescue Service ...

6 February 2018 Section: media

Eni’s activities on flaring

cooperation and integration. Also today they are key elements in Eni's presence in Congo. Eni's sustainability projects in Nigeria Thanks to the Green River Project, Eni has created a system to support agriculture [...] flaring Overview In detail: Eni's commitments to the reduction of gas flaring results achieved ...

2 February 2017 Section: enipedia

Eni Governance Awards Archive

2013 Eni Governance awards in 2012 Eni Governance awards in 2011 Eni Governance awards in 2010 Eni Governance awards in 2009 Eni Governance awards in 2008 Eni Governance awards in 2007 Eni Governance [...] board committees. Eni Governance Awards Archive Overview Eni Governance awards in 2017 Eni Governance awards in 2016 ...

4 January 2017 Section: enipedia

Eni’s sustainability projects in Nigeria

also Eni's activities in Nigeria Eni has been operating in Nigeria since 1092, with both offshore and onshore activities in the Upstream sector. Grievance Mechanism Eni has adopted a Grievance Mechanism, [...] and services reach the high standards required by the oil and gas sector. Health In the Niger Delta ...

12 May 2016 Section: enipedia

Eni Trading & Shipping: activities, products and services

Eni Trading & Shipping: activities, products and services Eni Trading & Shipping: activities, products and services Overview In detail: Eni Trading & Shipping: key figures the main activities of ETS [...] management of commodity price risk to the divisions and companies of the Eni Group the trading of CO2 certificates to meet the needs ...

12 May 2016 Section: enipedia

Eni in Myanmar: Stakeholder Engagement

Eni in Myanmar: Stakeholder Engagement Eni Myanmar adopted a systematic approach for the efficient management of the stakeholder engagement process. Dialogue with stakeholders Eni promotes the sharing [...] of relationships that can serve as "capital" during project life. In particular, Eni Myanmar has so far delivered three key components of the ...

30 September 2016 Section: media

Meetings and running of meetings

Chairman after examining the proposals of the Chief Executive Officer, specifies: the place of the meeting; the places where the meeting can be attended via videoconferencing or other eventual different [...] Eni's Board of Directors rules on functioning Pursuant to Eni's By-laws, the Board shall meet in the place ...

27 April 2018 Section: enipedia

Exploration and research of hydrocarbons

oil exploration, even in extreme environments. Successful Exploration Eni develops cutting-edge technology for oil exploration, key to its success in the discovery of new fields in extreme environments. [...] geological events that have taken place in the areas under investigation. To reduce the number of exploration wells, lead times, costs and ...

12 May 2016 Section: Innovation

Eni Award for excellence in energy

lecture series The Eni Awards ceremony 2017 was held on 5 October at the Quirinale Palace in the presence of Italian President Sergio Mattarella, Eni Chairman Emma Marcegaglia and Eni Chief Executive Claudio [...] gave lectures to communicate key aspects of their research. Read the press release Ten years of the ...

12 May 2016 Section: Innovation

Eni in Myanmar

Reopening of the market to foreign investors has been extended to include the energy sector. Eni has played a key role in the new course of Myanmar's economy since 2014, when it acquired four licences and [...] Focus On Eni in Myanmar The country is involved in a process of ...

30 September 2016 Section: media

Exploration in 2016

exploration wells (10.2 for Eni). The commercial success rate is at the top levels for the industry (50% for Eni). At the end of the year there were 79 wells in progress (40 for Eni). Exploration wells and [...] hydrocarbon reserves In 2011, 16 new exploration wells (10.2 for ...

10 August 2017 Section: enipedia