Eni S.p.A.

Company Overview

Italian energy business Eni S.p.A. was established in 1953 and has its headquarters in Rome. Eni is a multinational energy company with a high technological content. It is involved in every step of the value chain, including the discovery, extraction, and development of oil and natural gas, as well as the production of electricity using cogeneration and renewable energy sources, conventional and biorefining, chemical, and circular economy processes. Eni expands its market reach by supplying services for energy efficiency and sustainable transportation and retail gas, electricity, and other goods to regional markets, consumers, and commercial clients. The company operates in 62 countries with 32,188 employees as of 2022.

Financial Highlights (FY 2023)

Company's Business Segments

• Exploration and Production : This segment includes Research, Development, Production of Crude Oil, Condensates, Natural Gas.
• Global Gas and LNG Portfolio : This segment includes Supply, Sale of Wholesale Natural Gas via Pipeline, International Transport, Purchase, Marketing of LNG. It includes Gas Trading activities finalized to Hedging and Stabilizing the trade Margins, as well as Optimising the Gas Asset Portfolio.
• Enilive, Refining and Chemicals : This segment includes Supply, Processing of Crude Oil to Manufacture refined products Fuels, Bitumens, Lubricants. Engages in the Manufacturing of Biofules and the Retail Marketing of Traditional, Bio Fuels, including the Distribution of Several Energy Carriers for Mobility, Including Fossil, Biological Fuels, Electric Charging at Service Stations.
• Plenitude and Power : Plenitude and Power retail sales of Gas, Electricity, Related Services, Production, Wholesale sales of Electricity from Thermoelectric, Renewable Plants, Services for E-mobility. It includes Trading activities of CO, emission certificates and forward sale of Electricity with a view to Hedging, Optimising the margins of the Electricity.
• Corporate and Other Activities : Corporate and Other activities includes the CCUS Projects, Agribusiness, Forestry Conservation under development which were previously reported in the Exploration, Production segment.
• Other Income and Revenues : This segment includes revenue share of lease payments, Patents, Licenses, Royalties.