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

Visit the official channel YouTube

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

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

Eni onshore and offshore licences in Myanmar

Myanmar, Eni signed in July 2014 two Production Sharing Contracts (PSC) for the exploration of onshore blocks RSF-5 and PSC-K. The joint venture is made up by Eni (operator with 90%) through Eni Myanmar, [...] square kilometres and is located in the prolific Salin Basin, about 500 kilometres north of Yangon ...

30 September 2016 eni.com Section: media

The production activities of Eni oil fields

The discovery, located in the Shorouk block (operated and 60 per cent owned by Eni) offshore of Egypt has over 850 billion m^3 of potential gas in place (approximately 5.5 billion boe ). Eni recently launched [...] News Production activities Eni continued its growth in 2017, reaching a record production ...

11 May 2018 eni.com Section: operations

How Eni is cultivating a strain of algae for use in biofuel production

How Eni is cultivating a strain of algae to be used in biofuel production An experimental recipe of producing bio-oil using microalgae and CO 2 . In broad daylight. How Eni is cultivating a strain of [...] produced by the wells at the Eni Oil Centre the water is then drained off ...

20 October 2017 eni.com Section: Innovation

How Eni is cultivating a strain of algae for use in biofuel production

How Eni is cultivating a strain of algae to be used in biofuel production An experimental recipe of producing bio-oil using microalgae and CO 2 . In broad daylight. How Eni is cultivating a strain of [...] produced by the wells at the Eni Oil Centre the water is then drained off ...

20 October 2017 eni.com Section: Innovation

Petroleum refining and processing activities

Neustadt). Sannazzaro : located in the Po Valley, this is one of the most efficient refineries in Europe. In 2013, the first conversion plant was opened, based on proprietary Eni Slurry Technology (EST) [...] News Refining & Marketing activities At its refineries, Eni produces quality fuel and lubricants which are sold in Italy ...

4 May 2018 eni.com Section: operations

Eni Peers

Contacts Eni Peers How Eni compares with the principal companies operating in the same sector: Exxon, Shell, Chevron, Total, BP, Conocophillips, Statoil, Anadarko, Apache e Marathon Oil. Comparison with [...] shares). The graph below compares Eni with its peers in terms of free cash flow yield - the ratio between net cash ...

27 July 2017 eni.com Section: investors

Governance Eni

Corporate Governance Code This is a governance model that Eni has adopted and improved to define the following: functions and relationships between the management and control bodies in the company; principles

27 July 2016 eni.com Section: company

Eni Award

Changes ahead with the 10th award Energy scenarios change, the landscape evolves, new talents emerge. The Eni Award will celebrate its 10th anniversary in 2017 with important changes to the categories and the [...] Focus on the environment Environmental protection and the safeguarding of ecosystems is crucial to Eni in its ...

20 October 2016 eni.com Section: media

Investors and ENI stakeholders

Check the list We are an energy company.We are working to build a future where everyone can access energy resources efficiently and sustainably. Our work is based on passion and innovation, on our uni

12 May 2016 eni.com Section: investors

Eni: energy company

Master MEDEA We are an energy company.We are working to build a future where everyone can access energy resources efficiently and sustainably. Our work is based on passion and innovation, on our uniqu

12 January 2017 eni.com Section: home

#ThisisEni-Pencil

drawing up a plan for a better society Janat Al Barjisia, the new primary school for girls built by Eni, is located just 3km away from the Zubair oil field. The building, dominated by white and yellow as if to [...] built and improved buildings and classrooms and helped to supply ...

30 November 2017 eni.com Section: Sustainability

Eni’s activities in India

(6,167 square kilometres net to Eni). Hydrocarbon production in 2014 amounted to one thousand boe/day, net to Eni. The main production and development fields are located offshore in the Cauvery Basin close [...] detail: the main activities in the Upstream sector conducted by Eni in India: the most important ...

12 May 2016 eni.com Section: enipedia

Eni Trading & Shipping (ETS)

News Eni Trading & Shipping (ETS) One hundred per cent owned by Eni, ETS is the company responsible for the integrated management of all trading and shipping activities. Global operations The Eni Trading [...] market. A comprehensive view of the commodities market Eni Trading & Shipping (ETS) was established as an independent company ...

2 July 2018 eni.com Section: operations

Eni share capital evolution

Established by Treasury Ministry Decree of July 14, 1992 (1) Eni became a joint stock company in 1992 (Law Decree 333 of July 11, 1992, converted to Law 359, August 8, 1992) (2) Last change in share capital

29 May 2018 eni.com Section: investors

Eni after 6

Eni after 6 Debating the world after work Eni after 6 is our flagship event in Brussels. Born in 2015, it brings together policy and opinion makers, corporate leaders and NGOs to debate the hot topics [...] by Sonja van Renssen. For further information, please contact eniafter6@eni.com Previous editions ...

29 May 2018 eni.com Section: media

Eni selected operating data

in Operations We are an energy company.We are working to build a future where everyone can access energy resources efficiently and sustainably. Our work is based on passion and innovation, on our uniq

29 May 2018 eni.com Section: investors

Eni in Myanmar

Focus On Eni in Myanmar The country is involved in a process of promoting transparency in the Oil & Gas industry, as confirmed by the award in 2014 of the status of EITI candidate country as part of [...] Myanmar Reopening of the market to foreign investors has been extended to include ...

30 September 2016 eni.com Section: media

Being part of Eni

balanced generational change. People who become part of the Eni team are given the opportunity to: accelerate their professional growth : when joining Eni, everyone has the opportunity to access training of the [...] respect for the environment to the promotion of the wellbeing of the communities where we operate. Eni in ...

27 July 2017 eni.com Section: careers

Eni's activities in Mexico

detail: the main activities related to the Upstream sector Eni offices and contacts in Mexico Upstream Eni has been present in Mexico since 2015. Eni is operator of the offshore Area 1 (Eni's interest 100%) [...] kilometers net to Eni) where development activities progress in the Amoca, Miztón and Tecoalli ...

21 May 2018 eni.com Section: enipedia

2017 Eni Governance Awards

international awards that Eni received in relation to the governance system. Italy Webranking, Europe 500, "Explain yourself Index" of Bowen Craggs and FTSE4Good In 2017, with a score of 92,4 Eni ranked second in [...] a score of 64. In the semi-annual review of June 2018 Eni stock was confirmed ...

6 March 2018 eni.com Section: company