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

Our mission

Our model for sustainable development.

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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.

2018 Business Outlook

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

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Eni's strategy

Our commitment and aims for the period to 2021

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Strategic Plan 2018-2021

boe of net risked resources, Eni has a vast range of exploration opportunities, granting a high level of flexibility in selecting the best prospects. Over the next four years Eni plans spending on exploration

16 March 2018 eni.com Section: investors

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 [...] objectives (HSE) 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

Eni's activities in Kazakhstan

Eni's activities in Kazakhstan Eni's activities in Kazakhstan Overview In detail: the main activities in the Upstream sector conducted by Eni in Kazakhstan since 1992 a focus on Kashagan and Karachaganak [...] kilometers (1,543 square kilometers net to Eni). In 2017, Eni signed a number of strategic cooperation ...

12 May 2016 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

Imagine Energy. A strategic digitalisation

years. We've made technology our ally, while IT is a valuable tool that benefits the entire company. Eni has always been considered a digital business and so over the years we have chosen to take part in

23 February 2018 eni.com Section: media

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, [...] Massimiliano Pieri describes the work of Solar Frontiers Centres . Launched in 2010 and supported by Eni, they are combined laboratories and research ...

25 November 2016 eni.com Section: Innovation

Eni’s activities in Italy

the chemical sector Eni offices and contacts in Italy Upstream Eni has been operating in Italy since 1926. In 2017, Eni's oil and gas production amounted to 134 kboe/d. Eni's activities in Italy are deployed [...] Donato Milanese (MI), Italia Tel +39 02 520.1 info@versalis.eni ...

12 May 2016 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

The Eni trading activities in Energy markets

as desert dunes. And finally it arrives at your home, comfortable and clean. At Eni we do all of this and thanks to our Eni Trading and Shipping subsidiary - ETS - we handle all energy commodities. A global [...] seize the opportunities offered by energy markets, we have integrated all our trading ...

1 January 2016 eni.com Section: operations

Eni's activities in Portugal

Eni's activities in Portugal Eni's activities in Portugal Overview In detail: Eni activities in Portugal in the E&P sector Eni offices and contacts in Portugal Exploration & Production Eni has been [...] 2014, occupying a gross floor area of 4,547 square kilometers, of which 3,182 net to ...

22 June 2017 eni.com Section: enipedia

Eni’s activities in Norway

Eni's activities in Norway Eni's activities in Norway Overview In detail: Eni's main production, development and exploration activities and licences in Norwegian waters a focus on the Goliat project [...] project Eni offices and contacts in Norway Upstream Eni has been operating in Norway since 1965. Eni's ...

12 May 2016 eni.com Section: enipedia

Committees' meetings and activities in 2016

meetings and activities in 2016 Overview Meetings and activities of the Control and Risk Committee in 2016 Meetings and activities of the Compensation Committee in 2016 Meetings and activities of the Nomination [...] Committees' meetings and activities in 2016 Committees' meetings and activities in 2016 Overview In detail: information on Committees ...

4 August 2017 eni.com Section: enipedia

Gas activities

varies on a seasonal, weekly and even daily basis, determined mainly by business activity and the weather. Supply of Eni gas by country The infographic shows the percentages of gas supplies by source country. [...] areas as the refineries and areas of consumption, making distribution an important part of Midstream activities ...

7 May 2018 eni.com Section: operations

Eni’s activities in The Netherlands

Eni's activities in The Netherlands Eni's activities in The Netherlands Overview In detail: Eni's main activities in the Gas & LNG Marketing and Power in the Netherlands, one of the leading suppliers [...] lubricants market through the subsidiary Eni Benelux BV Eni offices and contacts in the Netherlands Gas ...

12 May 2016 eni.com Section: enipedia

Eni’s activities in Libya

Eni's activities in Libya Eni's activities in Libya Overview In detail: the main onshore and offshore activities related to the Upstream sector conducted by Eni in Libya since 1959 Eni's presence, [...] pipeline Eni offices and contacts in Libya Upstream Eni started operations in Libya in 1959. Developed ...

12 May 2016 eni.com Section: enipedia

Eni’s activities in Pakistan

Eni's activities in Pakistan Eni's activities in Pakistan Overview In detail: the main activities in the onshore and offshore Upstream sector conducted by Eni in Pakistan, since 2000 Eni offices and [...] kilometers net to Eni ). Exploration and production activities in Pakistan are regulated by concessions (onshore) and PSAs ...

12 May 2016 eni.com Section: enipedia

Committees' meetings and activities in 2017

Internal Audit Department, the members of the Eni Watch Structure, and the members of the Board of Directors of Eni International BV; - began its activities for the designation of Eni's candidates for appointment [...] enhancement of the career development path of Eni personnel with a strong strategic professional and technical ...

11 July 2018 eni.com Section: enipedia

Eni’s activities in Russia

Eni's activities in Russia Eni's activities in Russia Overview In detail: the main activities in the Upstream sector conducted by Eni in Russia activities in the Gas & LNG Marketing and Power sector: [...] sector: Eni has a 50% stake in the Blue Stream undersea gas pipeline that connects Russia ...

12 May 2016 eni.com Section: enipedia