- CEO
- Claudio Descalzi
- Full Time Employees
- 32,349
- Sector
- Energy
- Industry
- Oil & Gas Integrated
- Address
- Piazzale Enrico Mattei 1 Rome RM Italy 00144
- IPO Date
- Nov 28, 1995
- Business
- Eni S.p.A. operates as an integrated energy company engaged in the exploration, development, production, and marketing of crude oil, natural gas, liquefied natural gas (LNG), refined products, petrochemicals, electricity, biofuels, and renewable energy solutions. The company conducts activities through key segments including Exploration & Production, which focuses on research, development, and extraction of hydrocarbons; Global Gas & LNG Portfolio, encompassing wholesale gas supply via pipelines, LNG trading, and marketing; Refining and Chemicals via Enilive, involving crude oil processing into fuels, bitumens, lubricants, and biofuels alongside smart mobility services; Plenitude and Power, which handles retail sales of gas and electricity, renewable power generation, e-mobility charging networks, and CO2 emission certificate trading; and Corporate and Other Activities supporting sustainability initiatives such as circular economy projects and fusion energy research. Eni manufactures and supplies products including gasoline, diesel, jet fuels, plastics, elastomers, biomethane, and hydrogen-based mobility solutions, targeting industrial, commercial, and retail customers in energy, power, transport, agribusiness, and forestry sectors.
Founded in 1953 and headquartered in Rome, Italy, Eni maintains operations across approximately 64-70 countries, including Italy, the rest of Europe, the Americas, Asia, Africa, and the European Union, with key offices in San Donato Milanese (Italy), Houston (USA), and London (UK). Subsidiaries such as Enilive S.p.A. (formerly Eni Sustainable Mobility) manage bio-refining and decarbonized transport services, while Plenitude oversees retail energy and e-mobility. The company employs around 32,000-33,000 people globally and reported 2024 hydrocarbon production exceeding levels supporting adjusted net profits and net cash flows from operations.
Recent developments include a November 2025 binding investment agreement with PETRONAS to form a 50/50 joint venture NewCo combining upstream assets in Indonesia (14 assets) and Malaysia (five assets), expected to close in 2026 and deliver over 500,000 barrels of oil equivalent per day mid-term through synergies in exploration and production. In September 2025, Eni signed a power purchase agreement exceeding $1 billion with Commonwealth Fusion Systems (CFS) for clean fusion power from its first ARC plant, building on prior investments since 2018, a 2023 collaboration framework, and participation in CFS's $863 million Series B2 funding round. Additional 2025 initiatives encompass a December long-term LNG sales agreement with Turkey's BOTAŞ for 0.4 million tons per annum starting 2028 to expand Eni's LNG portfolio toward 20 million tons by 2030, alongside partnerships for 1.5 GW wind and PV projects via Plenitude in Italy and Spain.