The company’s four-year investment plan is focused on high value projects with quick returns and the development of conventional projects.

Gas Supply

In 2017, Eni’s consolidated subsidiaries supplied 78.28 bcm of natural gas, down by 4.36 bcm or by 5.3% from 2016. Gas volumes supplied outside Italy from consolidated subsidiaries (73.23 bcm), imported in Italy or sold outside Italy, represented approximately 94% of total supplies, down by 3.41 bcm or by 4.4% from 2016. This reflected lower volumes purchased in the Netherlands (down by 4.40 bcm) following a contractual termination, in Qatar (down by 0.92 bcm) and in Norway (down by 0.70 bcm) partially offset by higher purchases in the United Kingdom (up by 0.28 bcm) and in Algeria (up by 0.28 bcm).

Results (834)

Climate change and new forms of energy

activity. A billion dollars to fight climate change The Oil and Gas Climate Initiative (OGCI) investment, which included Eni as well as ten others, will be allocated in the next ten years to initiatives and projects [...] the world needs". In addition to investments in technologies, OGCI is promoting scientific studies ...

12 May 2016 Section: Sustainability

Business risks

differences between the cost of supply and the minimum off take obligations in take-or-pay long-term gas supply contracts compared to current market conditions and management of arbitrations/negotiations with [...] and strengthening the Climate Change issue in the strategic plan, with medium-term targets and investments in line with the action plan ...

8 May 2018 Section: investors

OCTP Project Benefits

300,000 people has been developed by Eni Foundation within the framework of eni Community Health Programs. Moreover, in collaboration with IFC/WB, the OCTP JV Community Investment Strategy is under preparation [...] Area, in ways that are sustainable and tapping opportunities generated by OCTP investments. The OCTP JV sees community ...

12 May 2016 Section: media

Intervento dell'Amministratore Delegato, Claudio Descalzi al Parlamento Europeo

reduce prices. For all these reasons, today's gas supply is even more secure, diversified and competitive than in the past. We cannot waste the efforts and investments made in the past decades, but we have to [...] Stato un'offerta di gas sicura, concorrenziale e diversificata". È questa la posizione ...

12 May 2016

Eni’s activities in Ghana

conducted by Eni in Ghana since 1960 the main development activities for oil and gas reserves concentrated in the Offshore Cape Three Points (OCTP) area Eni offices and contacts in the country Upstream Eni is [...] Tel: +233(0)302 761790, +233(0)302 761786 Read also Eni's sustainability projects ...

12 May 2016 Section: enipedia

Business model for Eni stakeholders

Business model Through the strategies contained in its business model, Eni aims to create long-term value for all stakeholders. Long-term value for everyone Eni's business model targets long-term value [...] profitability and growth, efficiency, operational excellence and handling operational risks of its businesses. Eni identifies as main challenge of the ...

14 June 2018 Section: company

The assets of Eni’s Historical Archive

leading figures of the Eni Group and important personalities closely associated with Enrico Mattei, made in the 1980s by Eni's Historical Archive itself. A collection of testimony by Eni pioneers is currently [...] on activities conducted by Eni over the years in collaboration with companies and consortia such as Aipa ...

12 May 2016 Section: enipedia

The six legged dog history

of the world's largest energy companies, dies in a plane crash. 1962 Eni signs the first major gas supply contract with Russia. 1969 Eni starts the first studies to produce electricity by photovoltaic conversion. [...] of all Eni becomes a public limited company and starts the privatisation process. 1992 Eni ...

12 May 2016 Section: company

Eni’s strategic transformation in Gas & Power

gas and power sector Main actions to be taken to ensure Eni meets its targets in the years ahead Profit and simplification of operations In 2016 Eni foresees a slight increase in demand in the Gas & Power [...] cashflow earnings, by means of the following interventions: a complete adjustment of the ...

12 May 2016 Section: enipedia

Ghana: the OCTP project

OCTP will provide domestic gas supply to national thermal power plants for more than 15 years, addressing energy requirements in urban and rural areas and where needed most. Eni Ghana Exploration and Production

12 May 2016 Section: media

Eni’s activities in Italy

term access to gas availability, Eni has signed a number of long-term gas supply contracts with key producing Countries that supply the European gas markets. In recent years Eni renegotiated a number of the [...] and the Green Refinery (the conversion into a bio-refinery) the chemical sector Eni offices and contacts ...

12 May 2016 Section: enipedia

Eni’s proved and undeveloped reserves

planned according to the delivery obligations set forth in a long-term gas supply agreement currently in force. DELIVERY COMMITMENTS Eni, through consolidated subsidiaries and equity-accounted entities, sells [...] undeveloped reserves as of December 31, 2017 2,629 (5) The reports of independent engineers are available on Eni website section ...

12 May 2016 Section: enipedia

Eni’s activities in Nigeria

the country, where Eni has been present since 1962 a focus on the onshore and offshore blocks of the Niger Delta in which Eni operates Eni offices and contacts in Nigeria Upstream Eni has been present [...] undeveloped acreage of 30,769 square kilometers (7,370 square kilometers net to Eni ...

12 May 2016 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

Development of green investments

expected in 2018-2021, with an investment in profitable projects of around 1.2 billion and a potential installed capacity of around 1 GW by 2021 (doubling the investments compared to the previous 2017-2020 [...] Green chemistry To support the traditional chemical business, Eni has developed the green chemistry business. Through its ...

6 July 2018 Section: Sustainability

Performance and investments

In 2017, our overall spending on R&D in the Exploration & Production sector was 83 million. The investment planned for our green businesses in the period 2018-21 is more than 1.8 billion, including expenditure [...] scenarios. Mid-Downstream restructuring All our Mid-Downstream sectors are now able to finance their own investments ...

27 April 2018 Section: operations

Finance in the transition toward a sustainable economy

financial institutions (such as the World Bank and the European Investment Bank) on account of the high initial risks that these types of investments, for the most part with high technological and innovative [...] frames of investments in the environmental area. Technological innovation in the energy sector, in particular, has taken ...

28 March 2018 Section: company

OGCI: the energy of collaboration

emissions and announced the first three investments in low emission technologies and projects . The environment: a sound investment On 4 November 2016, the OGCI Climate Investments scheme was announced in London: [...] system fit for a sustainable future. Investments for low emission technologies The chief executives of the companies that make ...

24 September 2018 Section: Sustainability

Upstream Italy

terms of the recovery plan for offshore activities. 371 m euro for investments 2017 in the Central Northern District 371 m euro for investments 2017 in the Central Northern District 60.5 kboe/d production 2016 [...] safety and the environment was inaugurated in 2017. 1,800 m euro investment provided ...

9 May 2018 Section: operations

Sustainability objectives

Contacts Sustainability objectives To monitor the effects of its sustainability activities, Eni updates its corporate objectives every year and provides incentives for outstanding performance. The integration [...] operational and economic-financial targets enables the company to build long-term success. Every year Eni defines its strategies and objectives regarding sustainability issues and monitors ...

13 July 2018 Section: Sustainability