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 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 25,5%. 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: Fact Sheet

G&P - 2016 highlights

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

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: Fact Sheet

Our mission

Our model for sustainable development.

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2017 Business Outlook

Management’s expectations for our business performance in 2017 are provided below.

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From Enivideochannel

Visit the official channel YouTube

A fitter company at the end of downturn - Strategy Presentation 2017-2020 | Eni Video Channel

Eni’s Top Management presents the 2016 Results – 2017-2020 Strategy. Find out more on https://www.eni.com/en_IT/home.page Subscribe on Eni Video Channel https://www.youtube.com/channel/UC4T5... ----- Want more from Eni? Facebook: https://www.facebook.com/EniItalia/?f... Twitter: https://twitter.com/eni https://twitter.com/Eniday Instagram: https://www.instagram.com/eni/ Flickr: https://www.flickr.com/photos/enidigi... Google+: https://plus.google.com/u/2/106162487...

2017-2020 Strategic Plan

successfully manage uncertainty. 2016 highlights: a record year Development activities : the successful continuation of development activities for projects that will start up in 2017. Among these, the East Hub [...] rate : In 2016 the organic reserve replacement rate was 193%: an historical record for Eni. E&P efficiency target : Eni Exceeded ...

1 January 2016 eni.com Section: investors

Eni’s strategic transformation in Gas & Power

Eni's strategic transformation in Gas & Power Eni's strategic transformation in Gas & Power Overview In detail: Main aims for Eni's transformation in the gas and power sector Main actions to be taken [...] taken to ensure Eni meets its targets in the years ahead Profit and simplification of operations ...

12 May 2016 eni.com Section: enipedia

Eni’s activities in Switzerland

Eni's activities in Switzerland Eni's activities in Switzerland Overview In detail: Eni's activities in Switzerland in the transportation of hydrocarbons (gas and oil) Eni's strategic position in the [...] through Eni Suisse Eni offices and contacts in Switzerland direct link to the site dedicated to Switzerland (in ...

12 May 2016 eni.com Section: enipedia

2017-2020 Strategic Plan targets

2017-2020 Strategic Plan targets 2017-2020 Strategic Plan targets Overview In detail: the main Upstream targets, as hydrocarbons production and new discoveries expected Gas & Power and Refining & Marketing [...] program targets) Upstream Eni confirms the target of an annual growth rate of 3% in the Upstream sector and will maintain this level ...

27 July 2017 eni.com Section: enipedia

Our strategic plan 2016-2019

Documents Press Release Strategic Plan 2016-2019 pdf 104 KB Presentation Strategic Plan 2016-2019 pdf 3 MB Press Release Strategic Plan 2016-2019 pdf 104 KB Presentation Strategic Plan 2016-2019 pdf 3 [...] Our strategic plan 2016-2019 Our strategic plan 2016-2019 Overview In detail: How to succeed with low prices while driving long-term ...

18 March 2016 eni.com Section: enipedia

Eni and MIT: a strategic collaboration delivering energy transition

Eni and MIT: a strategic collaboration delivering energy transition Renewables, environment, safety in the workplace. Research and industry are working together to achieve great results. Launched in 2008, [...] operations manager Eni The creation of LCECs shows how the world's largest academic institution in the field of technology has reshaped ...

25 November 2016 eni.com Section: Innovation

Workshop CNR – Eni

Workshop CNR - Eni Workshop CNR - Eni > Cnr - Eni Eni has today renewed the Framework Agreement with the Consiglio Nazionale delle Ricerche (CNR) for cooperation in research, focused on the production [...] term strategy. In fact, in the four year term Eni plans to spend about 1,1 billions for R&D ...

25 February 2014 eni.com Section: enipedia

Sanford Bernstein Strategic Decisions Conference 2010

2010 Documents Sanford Bernstein Strategic Decisions Conference pdf 177 KB Sanford Bernstein Strategic Decisions Conference pdf 177 KB Sanford Bernstein Strategic Decisions Conference 2010 Overview [...] Sanford Bernstein Strategic Decisions Conference 2010 Sanford Bernstein Strategic Decisions Conference 2010 Overview In detail: the date of the event and a list of speakers ...

22 September 2010 eni.com Section: enipedia

2009 Sanford C. Bernstein - Strategic Decisions Conference

Sanford C. Bernstein - Strategic Decisions Conference 2009 pdf 366 KB Sanford C. Bernstein - Strategic Decisions Conference 2009 pdf 366 KB 2009 Sanford C. Bernstein - Strategic Decisions Conference [...] 2009 Sanford C. Bernstein - Strategic Decisions Conference 2009 Sanford C. Bernstein - Strategic Decisions Conference Overview In detail: the date of the event and ...

16 September 2009 eni.com Section: enipedia

Sanford C. Bernstein - Strategic Decisions Conference 2008

Documents Sanford C. Bernstein - Strategic Decisions Conference 2008 pdf 561 KB Sanford C. Bernstein - Strategic Decisions Conference 2008 pdf 561 KB Sanford C. Bernstein - Strategic Decisions Conference 2008 [...] Sanford C. Bernstein - Strategic Decisions Conference 2008 Sanford C. Bernstein - Strategic Decisions Conference 2008 Overview In detail: the date of the event ...

23 September 2008 eni.com Section: enipedia