Eni

File:Paolo Monti - Servizio fotografico (Roma, 1967) - BEIC 6364270.jpg, Rome, built 1959–1962.{{cite book|title=La costruzione dell'architettura: temi e opere del dopoguerra italiano|url=https://books.google.com/books?id=KrxTCwAAQBAJ&pg=PT190|date=2016|publisher=Gangemi Editore|isbn=978-88-492-9096-7|pages=190–}} Photo by Paolo Monti, 1967]]

Eni was founded in 1953 by an existing company, Agip, which was created in 1926 with the aim to explore for oilfields, and acquire and commercialize oil and derivatives.{{cite web|url=http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ticker=ENI:IM|title=ENI SPA (ENI:BrsaItaliana): Stock Quote & Company Profile |work=Bloomberg BusinessWeek|url-status=dead|archive-url=https://web.archive.org/web/20131015071028/http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ticker=ENI:IM|archive-date=15 October 2013}}{{Cite web|url=https://www.adr.com/DRDetails/Overview?cusip=26874R108|archive-url=https://web.archive.org/web/20120530003858/https://www.adr.com/DRDetails/Overview?cusip=26874R108|url-status=dead|title=J.P. Morgan's adr.com | The premier site for the global investor|archive-date=30 May 2012|website=www.adr.com}} In March 1953, Enrico Mattei was nominated Eni's chairman.{{cite web|url=http://enistoria.eni.com/en/inizia-il-viaggio/enrico-mattei/introducing-enrico-mattei.html|title=Introducing Enrico Mattei – enihistory|work=eni.com}}{{cite web|url=http://www.feem.it/getpage.aspx?id=85&sez=About%20us&padre=24&sub=26|archive-url=https://web.archive.org/web/20110816230938/http://www.feem.it/getpage.aspx?id=85&sez=About%20us&padre=24&sub=26|url-status=dead|archive-date=16 August 2011|title=FEEM – Fondazione Eni Enrico Mattei – About us – Enrico Mattei|work=feem.it}}{{cite encyclopedia |title=Eni |encyclopedia=Encyclopædia Britannica |url=https://www.britannica.com/EBchecked/topic/188388/Eni |date=10 May 2023}}{{cite web |title=A history on the cutting edge, from the post-war period to today's challenges |url=https://www.eni.com/en-IT/company/our-history.html |work=eni.com}} In 1952, the logo of the then nascent Eni was selected. The logo is a six-legged dog, an imaginary animal symbolizing the sum of a car's four wheels and the two legs of its driver.{{Cite web|url=https://www.eni.com/en-IT/company/brand-identity.html|title=Brand identity}}

Starting in 1954, Eni acquired extensive exploration rights in North Africa, signing an agreement with the Egyptian government led by Nasser while providing an active and equal role for the crude producing countries through the establishment of joint ventures.{{cite web|url=http://enistoria.eni.com/en/inizia-il-viaggio/1954.html|title=1954 – MOVING AROUND THE WORLD. ALL YOU NEED IS A FORMULA. |website=eni.com}} In 1957, Eni pushed for a similar agreement, known as the "Mattei formula",{{cite encyclopedia|url=https://www.britannica.com/EBchecked/topic/1420391/Enrico-Mattei|title=Enrico Mattei|encyclopedia=Encyclopædia Britannica|date=4 January 2024 }}{{cite web|url=http://enistoria.eni.com/en/inizia-il-viaggio/1957.html|title=1957 – THE MATTEI FORMULA, ANOTHER WINNING MOVE. |work=enihistory}} to be signed with Persian Shah Mohammad Reza Pahlavi and the National Iranian Oil Company.{{Cite web|url=https://www.eni.com/en-IT/actions/global-activities/egypt.html|title=Eni in Egypt}}{{cite web|url=http://www.iranicaonline.org/articles/oil-agreements-in-iran|title=OIL AGREEMENTS IN IRAN|work=iranicaonline.org}}{{cite web|url=http://italypr.wordpress.com/2013/05/14/eni/|title=ENI|work=wordpress.com}} In 1960, during the Cold War period, Eni signed an agreement with the Soviet Union for the importation of Russian crude at low prices.{{cite web|url=http://www.thinkrussia.com/business-economy/ceo-paolo-scaroni-discusses-eni-russia-relations-past-present-and-future|title=CEO Paolo Scaroni discusses Eni-Russia relations: past, present and future|work=thinkRUSSIA|access-date=7 August 2013|archive-url=https://web.archive.org/web/20131203003834/http://www.thinkrussia.com/business-economy/ceo-paolo-scaroni-discusses-eni-russia-relations-past-present-and-future|archive-date=3 December 2013|url-status=dead}}{{cite web|url=http://www.epubbud.com/read.php?g=C54UGV9Y&p=11|title=A History of US Petroleum Wars by We Fight for Oil|work=epubbud.com|access-date=7 August 2013|archive-date=7 August 2020|archive-url=https://web.archive.org/web/20200807091542/http://www.epubbud.com/read.php?g=C54UGV9Y&p=11|url-status=dead}}

On 27 October 1962, Enrico Mattei's airplane mysteriously exploded near Bascapè, on his way to Milan from Catania.{{cite web|url=http://enistoria.eni.com/en/inizia-il-viaggio/1962.html|title=1962 – A LIGHT GOES OFF OVER THE SKY OF Bascapè. – enihistory|work=eni.com}}{{cite web|url=http://fly.historicwings.com/2012/10/the-mystery-of-enrico-mattei/|title=The Mystery of Enrico Mattei| work=HistoricWings.com: A Magazine for Aviators, Pilots and Adventurers}} His death was initially considered an accident, but later it was confirmed to be a murder with the aim of protecting and hiding important economic and political interests in Italy and especially abroad, as it is clearly stated in the records of the trial on the assassination of the journalist Mauro De Mauro, who was investigating the death of Enrico Mattei.{{Cite news|url=http://palermo.repubblica.it/cronaca/2012/08/07/news/la_sentenza_su_de_mauro_ucciso_per_lo_scoop_su_mattei-40542417/|title=La sentenza su De Mauro 'Ucciso per lo scoop su Mattei' |location=Palermo |work=La Repubblica|access-date=8 January 2018}}

During the following years, Eni signed joint venture contracts with foreign companies to supply crude from Egypt to Iran and from Libya to Tunisia.{{cite web|url=http://www.virginia.edu/igpr/APAG/apagoilhistory.html|title=Oil Company Histories|work=virginia.edu}} In 1963, Eni acquired a majority stake in Italgas.{{cite web|url=http://www.italgas.it/en/about-us/history/|title=Learn about Italgas|website=italgas.it|date=31 August 2023 }}

In October 1973, after the Yom Kippur War and the OPEC embargo{{cite web|url=https://history.state.gov/milestones/1969-1976/OPEC |title=Oil Embargo, 1973–1974 – 1969–1976 – Milestones – Office of the Historian |work=state.gov |url-status=dead |archive-url=https://web.archive.org/web/20131101162806/http://history.state.gov/milestones/1969-1976/OPEC |archive-date=1 November 2013 }}{{cite web|url=http://www.history.com/this-day-in-history/opec-states-declare-oil-embargo|title=OPEC states declare oil embargo|work=HISTORY.com|access-date=8 August 2013|archive-url=https://web.archive.org/web/20140705064905/http://www.history.com/this-day-in-history/opec-states-declare-oil-embargo|archive-date=5 July 2014|url-status=dead}} against the United States and the Netherlands by OPEC members and Arab countries, a serious oil crisis occurred,{{cite web|url=http://bancroft.berkeley.edu/ROHO/projects/debt/oilcrisis.html|title=1973–74 Oil Crisis|work=berkeley.edu}} causing Eni to consolidate its position in the international market by signing an agreement with Sonatrach, the Algerian state oil entity for natural gas supply.{{cite web|url=http://www.bakerinstitute.org/publications/algerian-gas-to-europe-the-transmed-pipeline-and-early-spanish-gas-import-projects|title=Research Library|work=bakerinstitute.org|url-status=dead|archive-url=https://web.archive.org/web/20130504092105/http://bakerinstitute.org/publications/algerian-gas-to-europe-the-transmed-pipeline-and-early-spanish-gas-import-projects|archive-date=4 May 2013}}

In 1974, Eni signed an agreement with the Libyan government, followed by additional agreements with Egypt, Nigeria and Tunisia.{{Cite web |url=http://en.noclibya.com.ly/index.php?option=com_content&task=view&id=71&Itemid=0 |title=National Oil Corporation-Eni gas company |access-date=8 August 2013 |archive-url=https://web.archive.org/web/20131203010820/http://en.noclibya.com.ly/index.php?option=com_content&task=view&id=71&Itemid=0 |archive-date=3 December 2013 | url-status=dead }}{{Cite web|url=https://www.eni.com/static/longform-enistoria/#/en/card/?disposition=grid&decade=1970&year=1974|title=Eni History - 1974}}{{cite web|url=http://web.macam.ac.il/~arnon/Int-ME/oil/Pipelines%20or%20pipe%20dreams.htm|title=Pipelines or pipe dreams? Lessons from the history of Arab transit pipelines|work=macam.ac.il|access-date=8 August 2013|archive-date=3 March 2016|archive-url=https://web.archive.org/web/20160303230110/http://web.macam.ac.il/~arnon/Int-ME/oil/Pipelines|url-status=dead}}{{Cite web|url=https://www.researchgate.net/publication/296834560|title=THE ENI IN LIBYA: FROM THE ITALY-LIBYA TREATY OF 1956 TO THE NEGOTIATIONS OF THE SEVENTIES|work=Researchgate.net}}

During the mid-1970s, Eni planned a major infrastructure for transporting natural gas over long distances, by building a pipeline network of thousands of miles throughout Europe and the Mediterranean.{{cite web|url=http://www.nato-pa.int/default.asp?SHORTCUT=453|archive-url=https://web.archive.org/web/20051109084348/http://www.nato-pa.int/Default.asp?SHORTCUT=453|url-status=dead|archive-date=9 November 2005|title=NATO PA – 166 GSM 03 – ENERGY AND THE ENVIRONMENT IN THE MEDITERRANEAN|author=press@nato-pa.int|work=nato-pa.int}}{{cite web|url=http://pipelinesinternational.com/news/trans-mediterranean_pipeline/009342/|title=Trans-Mediterranean Pipeline|work=Pipelines International}}{{Cite web|url=http://www.orfonline.org/cms/sites/orfonline/modules/enm-analysis/ENM-ANALYSISDetail.html?cmaid=30043&mmacmaid=30038|archive-url=https://web.archive.org/web/20131202233914/http://www.orfonline.org/cms/sites/orfonline/modules/enm-analysis/ENM-ANALYSISDetail.html?cmaid=30043&mmacmaid=30038|url-status=dead|title=Pipelines in the Middle East and North Africa|archive-date=2 December 2013}}

After the inauguration of the Trans-Mediterranean Pipeline connecting Algeria to Sicily through Tunisia,{{cite web|url=http://www.hydrocarbons-technology.com/projects/trans-med-pipeline/|title=Trans-Mediterranean Natural Gas Pipeline – Hydrocarbons Technology|work=hydrocarbons-technology.com}} Eni signed a new agreement with Libya for the exploitation of Boùri,{{cite web|url=http://www.fmctechnologies.com/SubseaSystems/GlobalProjects/Africa/Libya/ENIBouri.aspx|title=ENI (Agip) Bouri|work=FMC Technologies|access-date=8 August 2013|archive-url=https://web.archive.org/web/20151006162144/http://www.fmctechnologies.com/SubseaSystems/GlobalProjects/Africa/Libya/ENIBouri.aspx|archive-date=6 October 2015|url-status=dead}} the biggest oilfield in the centre of the Mediterranean,{{cite web|url=http://www.offshore-mag.com/articles/print/volume-65/issue-2/pipeline-transportation/libya-gas-export-project-sets-records.html|title=Libya gas export project sets records|work=offshore-mag.com|date=February 2005 }} and developed its international role within the oil industry.{{cite web|url=http://enistoria.eni.com/en/inizia-il-viaggio/1978.html|title=1978 – HOUSTON, WE HAVE A CONTRACT. – enihistory|work=eni.com}}

In 1992, Eni became a joint-stock company by Law Decree,{{cite web|url=https://www.eni.com/en-IT/investors/remuneration-policy/share-capital-evolution.html|title=Share Capital Evolution|work=eni.com}}{{cite web|url=http://www.nasdaq.com/symbol/e|title=E stock quote - ENI S.p.A. stock price |publisher=NASDAQ}}{{cite web|url=http://enistoria.eni.com/en/tempi-moderni/1992.html|title=1992 – A private affair, at the service of everyone. – enihistory|work=eni.com}}{{cite web|url=http://www.eurofound.europa.eu/eiro/2011/07/articles/IT1107019I.htm|title=Eni signs agreements on industrial relations and green economy|publisher=Europa (web portal)}}{{cite web|url=http://www.ide.go.jp/English/Data/Africa_file/Company/algeria04.html|title=Ente Nazionale Idrocarburi (ENI) S.P.A.|work=ide.go.jp}} and was listed to the Italian and New York Stock Exchange in 1995.{{Cite web|url=https://www.nyse.com/listed/e.html|archive-url=https://web.archive.org/web/20131202233501/http://www.nyse.com/listed/e.html|url-status=dead|title=Eni SpA|archive-date=2 December 2013}}{{cite web|url=http://enistoria.eni.com/en/tempi-moderni/1995.html|title=1995 – The stock exchange listing! – enihistory|work=eni.com}}{{cite news|url=http://www.economist.com/node/3750622|title=Who will run Eni?|newspaper=The Economist}}

From 1995 to 1998, Eni successfully made four share offers, as 70% of its capital assets were sold to private shareholders.{{cite web|url=https://www.eni.com/en-IT/company/our-history.html|title=From privatisation to the challenges of transition|work=eni.com}}{{cite web|url=http://www.ogj.com/articles/print/volume-91/issue-1/in-this-issue/general-interest/italy39s-state-owned-eni-struggles-toward-privatization.html|title=Login to access the Oil & Gas Journal Subscriber Premium features.|work=ogj.com|date=5 January 1993 }}{{cite web|url=http://aebrus.ru/en/about-the-aeb/our-members.php?ELEMENT_ID=7084|title=eni s.p.a.|work=aebrus.ru}}

As the price of oil collapsed in 1998, like other major companies, Eni got into the melee of mergers, international acquisitions, new exploration and the foundation of real super-companies.{{Cite web|url=http://gksil.com/documents/OG.pdf|title=The Top 10 Oil & Gas Companies|access-date=12 August 2013|archive-date=4 November 2019|archive-url=https://web.archive.org/web/20191104180635/http://gksil.com/documents/OG.pdf|url-status=dead}}{{Cite web|url=https://www.eni.com/static/longform-enistoria/#/en/card/?disposition=grid&decade=1990&year=1998|title=Eni history - 1998|work=eni.com}}[http://referensi.dosen.narotama.ac.id/files/2012/01/Mergers-and-restructuring-in-the-world-oil-industry.pdf Mergers and restructuring in the world oil industry] {{webarchive|url=http://arquivo.pt/wayback/20160522230439/http%3A//referensi.dosen.narotama.ac.id/files/2012/01/Mergers%2Dand%2Drestructuring%2Din%2Dthe%2Dworld%2Doil%2Dindustry.pdf |date=22 May 2016 }}

Since 2000, Eni has been developing the Kashagan{{cite web|url=http://www.ncoc.kz/en/kashagan/default.aspx|title=ABOUT KASHAGAN|work=ncoc.kz|access-date=13 August 2013|archive-url=https://web.archive.org/web/20130916022304/http://www.ncoc.kz/en/kashagan/default.aspx|archive-date=16 September 2013|url-status=dead}} oilfield a major offshore discovery, along the Caspian Sea.{{cite web|url=http://enistoria.eni.com/en/tempi-moderni/2001.html|title=2001 – Conquering Kashagan. – enihistory|work=eni.com}}{{cite web|url=http://www.offshore-technology.com/projects/kashagan/|title=Kashagan Offshore Oil Field Project – Offshore Technology|work=offshore-technology.com}}

In 2005, the Blue Stream pipeline, projected to supply gas from southern Russia to Turkey, was inaugurated as a joint venture between Eni and Gazprom.{{cite journal|url=https://www.offshore-technology.com/projects/blue_stream/|title=Blue Stream Natural Gas Pipeline|journal=Offshore-technology.com}}{{cite web|url=http://www.hydrocarbons-technology.com/projects/bluestream/|title=Hydrocarbons Industry Projects – Hydrocarbons Technology|work=hydrocarbons-technology.com}}{{Cite web|url=http://greenactive.com/eng/eni-blue-stream-project/|archive-url=https://web.archive.org/web/20140812183908/http://greenactive.com/eng/eni-blue-stream-project/|url-status=dead|title=Eni, Blue Stream project|archive-date=12 August 2014}}

In 2007, Eni signed an agreement to conduct South Stream a feasibility study with Gazprom to import Russian gas into Europe across the Black Sea.{{cite web|url=https://www.lastampa.it/economia/2007/06/23/news/eni-gazprom-accordo-1.37127523/|title=Eni Gazprom accordo|work=Lastampa.it|date=23 June 2007 }}{{cite web|url=http://www.gulfoilandgas.com/webpro1/projects/3dreport.asp?id=101888|title=South Stream Gas Pipeline|work=gulfoilandgas.com}}{{cite web|url=http://www.hydrocarbons-technology.com/projects/southstream/|title=South Stream Pipeline Project, Europe|work=hydrocarbons-technology.com}}

Activist asset manager Knight Vinke, who owns 1% of the outstanding shares of the company, began pressuring Eni's management to operate a spin-off of Eni's gas activities. In its opinion, this would solve the undervaluation of the company and release up to 50 billion euros ($70bn) of hidden value.{{cite web|url=http://www.knightvinke.com/includes/documents/2010/k/knight_vinke_letter_to_eni_ceo_paolo_scaroni_4nov2009.pdf|title=Letter to Eni CEO|publisher=Knight Vinke Asset Management|access-date=23 January 2010|url-status=dead|archive-url=https://web.archive.org/web/20100215045623/http://www.knightvinke.com/includes/documents/2010/k/knight_vinke_letter_to_eni_ceo_paolo_scaroni_4nov2009.pdf|archive-date=15 February 2010}}

In 2010, Eni achieved a key production milestone in Iraqi Zubair oil field.{{cite web|url=https://www.eni.com/en-IT/media/press-release/2011/02/eni-announces-results-for-the-fourth-quarter-and-the-full-year-2010.html|title=Eni announces results for the fourth quarter and the full year 2010|work=eni.com}}{{cite web|url=https://www.wsj.com/articles/SB10001424052748703932904574511083555847714|title=Eni Signs Pact to Develop Iraq's Zubair Oil Field – WSJ|author=Gina Chon|date=4 November 2009|work=The Wall Street Journal}}{{cite web|url=http://www.spe.org/jpt/article/444-company-news-august-2012/|title=Journal of Petroleum Technology – Company News|work=spe.org}}

After getting a licence in 2006 for the exploration of an offshore area in the north of Mozambique, known as Area 4,{{Cite web|url=https://www.eni.com/en-IT/actions/global-activities/mozambique.html|title=Global activities|work=Eni.com}}{{Cite web |url=http://www.adamantineenergy.com/news/mozambique-galp-eni.php |title=Mozambique: Galp Energia and Eni to drill offshore Mozambique in September |access-date=13 August 2013 |archive-url=https://archive.today/20130813111945/http://www.adamantineenergy.com/news/mozambique-galp-eni.php |archive-date=13 August 2013 |url-status=dead }}{{cite web|url=http://www.macauhub.com.mo/en/2012/03/26/italian-group-eni-finds-more-natural-gas-in-mozambique/|title=Italian group ENI finds more natural gas in Mozambique|work=Macauhub English}} Eni announced several major natural gas discoveries between 2011 and 2012 such as Mamba South,{{cite web|url=http://www.abo.net/en_IT/publications/reportage/mozambico/eni_presence.shtml|title=ABO – About Oil – Our Publications|work=abo.net|url-status=dead|archive-url=https://web.archive.org/web/20151006185943/http://www.abo.net/en_IT/publications/reportage/mozambico/eni_presence.shtml|archive-date=6 October 2015}}{{cite web|url=http://www.aapg.org/explorer/2013/08aug/int_mamba0813.cfm|title=Explorer|work=aapg.org}}{{cite web|url=https://www.eni.com/en-IT/media/press-release/2011/10/eni-increases-the-mamba-south-gas-discovery-in-mozambique-by-50.html|title=Eni increases the Mamba South gas discovery in Mozambique by 50%|work=eni.com}}{{cite web|url=http://www.subseaiq.com/%28X%281%29S%28domadl45njnzwfz1cniwln55%29%29/data/Project.aspx?project_id=1012&AspxAutoDetectCookieSupport=1|title=SubSeaIQ – Offshore Field Development Projects|work=subseaiq.com|access-date=13 August 2013|archive-date=25 June 2017|archive-url=https://web.archive.org/web/20170625073145/http://www.subseaiq.com/(X(1)S(domadl45njnzwfz1cniwln55))/data/Project.aspx?project_id=1012&AspxAutoDetectCookieSupport=1|url-status=dead}}{{cite web|url=http://www.offshore-technology.com/news/newseni-discovers-gas-at-mamba-south-offshore-mozambique|title=Eni discovers gas at Mamba South offshore Mozambique|work=offshore-technology.com|date=23 October 2011 }}{{cite web|url=http://www.modernghana.com/news/356987/1/italys-eni-claims-giant-gas-discovery-in-mozambiqu.html|title=Italy's ENI claims giant gas discovery in Mozambique|work=Modern Ghana}} Mamba North,{{cite web|url=https://www.eni.com/en-IT/media/press-release/2012/02/eni-new-giant-gas-discovery-in-the-offshore-mozambique.html|title=Eni: new giant gas discovery in the offshore Mozambique|work=eni.com}}{{cite web|url=http://www.2b1stconsulting.com/rovuma-basin-promissing-to-eni-with-mozambique-mamba-discovery/|title=Rovuma Basin {{sic|promis|sing|nolink=y}} to ENI with Mozambique Mamba discoveries « 2B1stconsulting|work=2b1stconsulting.com|date=5 August 2012 }} Mamba North East{{cite web|url=http://www.1derrick.com/eni-discovers-gas-at-mamba-north-east-2-in-mozambique/1937/|title=NEWS|work=1derrick.com|access-date=13 August 2013|archive-date=25 June 2017|archive-url=https://web.archive.org/web/20170625104909/http://www.1derrick.com/eni-discovers-gas-at-mamba-north-east-2-in-mozambique/1937/|url-status=dead}}{{cite web|url=http://www.ogj.com/articles/2012/08/eni-adds-paleocene-pay-10-tcf-off-mozambique.html|title=Eni adds Paleocene pay, 10+ tcf off Mozambique|author=Alan Petzet|work=ogj.com|date=August 2012 }}{{cite web|url=http://www.bus-ex.com/article/eni-announces-mozambique-gas-discovery|title=Eni announces Mozambique gas discovery|work=bus-ex.com}}{{cite web|url=http://www.esteri.it/MAE/EN/Sala_Stampa/ArchivioNotizie/Approfondimenti/2012/03/20120327_Mozambico_ENI.htm|title=Mozambique: Eni makes new natural gas discovery in the region|work=esteri.it}} and Coral 1.{{cite web|url=https://www.eni.com/en-IT/media/press-release/2012/05/eni-important-new-discovery-in-mozambique.html|title=Eni: important new discovery in Mozambique|work=eni.com}}{{Cite web|url=http://www.floatingproductionzone.com/zones/subsea_brief.aspx?brief_id=23371|archiveurl=https://web.archive.org/web/20151007122437/http://www.floatingproductionzone.com/zones/subsea_brief.aspx?brief_id=23371|url-status=dead|title=floatingproductionzone.com has expired|archivedate=7 October 2015|website=www.floatingproductionzone.com}}{{cite web|url=http://www.oilreviewafrica.com/gas/gas/eni-announces-major-new-gas-discovery-offshore-mozambique|title=Eni announces major new gas discovery offshore Mozambique|work=Oil Review Africa|date=18 May 2012 }}{{cite web|url=http://www.zacks.com/stock/news/75358/Eni-Makes-a-Major-Gas-Discovery|title=Eni Makes a Major Gas Discovery|author=Zacks Investment Research|date=6 October 2015|work=Zacks Investment Research}}

File:Eni (Lentiai).jpg ]]

In February 2014, Eni discovered oil at its Democratic Republic of the Congo offshore block.{{Citation| url = http://www.oilreviewafrica.com/exploration/exploration/eni-finds-oil-and-gas-offshore-dr-congo-block | title= Eni finds oil and gas offshore DR Congo| year = 2014| publisher = Oil Review Africa| location = Africa| last1= Patnaik| first1= Rhonita}}

Since 2012, Eni has been selling off refining and marketing assets it owned in eastern Europe to increase profitability. By 2013 Eni had already reduced its refining capacity by 13 percent. In May 2014 Eni agreed to sell their 32.5% share in Česká rafinerská a.s. (CRC), a refining company in the Czech Republic, to MOL Group of Hungary.{{cite web|title=Eni sheds eastern European refining assets|url=http://www.ogj.com/articles/2014/05/eni-sheds-eastern-european-refining-assets.html|work=Oil and Gas Journal|access-date=20 May 2014|date=7 May 2014}}

In June 2014, the company signed an agreement with Sasol to acquire a 40% interest in a permit to explore 82,000-km² offshore of South Africa's east coast.{{cite news|title=Italy's Eni acquires 40pc interest in Sasol's gas offshore permit|url=http://www.southafricanews.net/index.php/sid/222782449/scat/371b1b8643d479c1/ht/Italys-Eni-acquires-40pc-interest-in-Sasols-gas-offshore-permit|access-date=11 June 2014|publisher=South Africa News.Net|archive-url=https://web.archive.org/web/20140714233254/http://www.southafricanews.net/index.php/sid/222782449/scat/371b1b8643d479c1/ht/Italys-Eni-acquires-40pc-interest-in-Sasols-gas-offshore-permit|archive-date=14 July 2014|url-status=dead}}

In 2014, Eni launched a new plan to convert its conventional refineries into biorefineries: the first plant was in Porto Marghera,{{Cite web|url=https://chemicalparks.eu/news/2016-5-12-eni-has-converted-its-refinery-in-porto-marghera-venice-to-the-production-of-high-quality-bio-fuel-from-vegetable-oil-and-biomass|title=Eni has converted its refinery in Porto Marghera, Venice, to the production of high quality bio-fuel from vegetable oil and biomass.|website=chemicalparks.eu|date=12 May 2016 }} in 2019 the second one opened in Gela.{{Cite web|url=https://www.nsenergybusiness.com/news/eni-gela-bio-refinery-europe/|title=Eni inaugurates its 750,000 tonnes Gela bio-refinery in Europe|date=27 September 2019 }}

In January 2015, Eni in collaboration with Vitol Energy signed a $7 billion contract with the government of Ghana. This agreement was reached to produce oil and gas at Cape Three Points in the Western Region of Ghana, in an attempt to enable Ghana to meet its power and energy needs.

In August 2015, Eni announced the discovery of a huge gasfield off the coast of Egypt.{{cite news|last1=Adams|first1=Christopher|title=Eni discovers 'supergiant' gasfield near Egypt|url=http://app.ft.com/cms/s/0/899031ec-4f0f-11e5-b029-b9d50a74fd14.html|access-date=31 August 2015|newspaper=Financial Times|date=30 August 2015}}

In 2016, Eni launched Progetto Italia,{{Cite web|url=https://www.hpcwire.com/2018/01/23/eni-takes-lead-industrial-supercomputing/|title=Eni Takes the Lead in Industrial Supercomputing|date=24 January 2018|website=HPCwire}} which aims to redevelop its industrial areas and to create new renewable sources production plants: in 2018 the first photovoltaic plant was inaugurated in Assemini,{{Cite web|url=https://www.chemengonline.com/eni-builds-photovoltaic-plant-at-salt-production-site-in-southern-italy/|title=Eni builds photovoltaic plant at salt-production site in southern Italy|date=5 July 2018}} the second opened in Porto Torres,{{Cite web|url=https://steelguru.com/power/eni-starts-production-at-photovoltaic-plant-in-porto-torres/556154|title=Eni Starts Production at Photovoltaic Plant in Porto Torres|access-date=26 May 2020|archive-date=15 August 2020|archive-url=https://web.archive.org/web/20200815193550/https://steelguru.com/power/eni-starts-production-at-photovoltaic-plant-in-porto-torres/556154|url-status=dead}} both in Sardinia.

In July 2017, the oil giant accepted responsibility for an oil spill affecting the Fylde coast of Blackpool in the United Kingdom.{{Cite news|url=http://www.blackpoolgazette.co.uk/news/environment/latest-oil-giant-accepts-responsibility-for-spill-affecting-fylde-coast-1-8658634|title=Oil giant accepts responsibility for spill affecting Fylde coast|work=Blackpool Gazette}}

In January 2018, Eni launched its new HPC4 supercomputer, one of the most powerful computing systems which allows a more effective and fast exploration of oil and gas reservoirs. Since February 2020 Eni replaced the HPC4 supercomputer with the new model HPC5, which has three times the computing ability compared to the previous one and debuted in sixth position as the most powerful supercomputer of the world.{{Cite web|url=https://energyindustryreview.com/tech/new-supercomputing-system-hpc5/|title=New Supercomputing System HPC5|first=Energy Industry|last=Review|date=21 February 2020}}{{Cite web|url=https://top500.org/lists/top500/2020/06/|title=Top 500 systems 2020}} In November 2024, Eni launched its new HPC6 supercomputer, the most powerful in Europe and the fifth in the world, capable of executing over 600 million billion di complex mathematical operations in just one second.{{Cite web|url=https://www.firstonline.info/en/eni-turns-on-the-most-powerful-industrial-supercomputer-in-europe-to-support-the-energy-transition-here%27s-how-it-works/|title=Eni turns on Europe's most powerful industrial supercomputer to support the energy transition: here's how it works}}{{Cite web|url=https://top500.org/lists/top500/2024/11/|title=Top 500 systems 2024}}

In March 2018, Eni reached an agreement with MIT to fund fusion research projects run out of the MIT Plasma Science and Fusion Center (PSFC)’s newly created Laboratory for Innovation in Fusion Technologies (LIFT). The expected investment in these research projects will amount to about $2 million over the following years.{{Cite news|url=https://news.mit.edu/2018/new-era-fusion-research-mit-eni-0309|title=A new era in fusion research at MIT|work=MIT News|access-date=10 March 2018}}

The Rovuma LNG project was approved in May 2019 by the government of Mozambique. The project is a joint venture between ExxonMobil, Eni and CNPC. Eni will focus on the construction and operation of the upstream facilities.{{Cite web |date=2019-05-14 |title=Mozambique approves Rovuma LNG development plan |url=https://www.offshore-mag.com/field-development/article/16790933/mozambique-approves-rovuma-lng-development-plan |access-date=2024-03-14 |website=Offshore}}{{Cite web |date=2019-10-08 |title=Exxon to make $500 million initial investment in Mozambique LNG project |url=https://www.reuters.com/article/idUSKBN1WN14D/ |access-date=2024-03-14 |website=Reuters}}

In March 2021, Eni exited the Pakistani market and sold its assets to Prime International Oil & Gas Company.{{Cite web|url=https://www.dawn.com/news/1611679|title=Eni exits Pakistan, sells assets to local JV|first=Nasir|last=Jamal|date=10 March 2021|website=DAWN.COM}}{{Cite web|title=Eni Exits Pakistan, Sells Assets to Prime International Oil & Gas {{!}} Hart Energy|url=https://www.hartenergy.com/news/eni-exits-pakistan-sells-assets-prime-international-oil-gas-192805|access-date=2021-08-30|website=www.hartenergy.com|date=9 March 2021 |language=en}} The deal include the assets sold, interests in eight development and production leases and four exploration licences. Prime International Oil & Gas Company, a newly established joint venture (JV) between Eni Pakistan local employees and Hub Power Company.

In 2018 Eni became the first shareholder of the American company Commonwealth Fusion Systems (CFS), a spin-out of the Massachusetts Institute of Technology (MIT) in Boston.{{Cite web|url=https://news.mit.edu/2018/new-era-fusion-research-mit-eni-0309|title=A new era in fusion research at MIT|website=News.mit|date=9 March 2018 }} CFS aims to build a fusion reactor based on tokamak technology, much more compact and cheaper compared to other existing projects such as the international ITER.{{Cite journal|title=MIT launches multimillion-dollar collaboration to develop fusion energy|journal=Nature|year=2018 |doi=10.1038/d41586-018-02966-3 |last1=Tollefson |first1=Jeff |volume=555 |issue=7696 |pages=294–295 |pmid=29542724 |bibcode=2018Natur.555..294T |doi-access=free }} On 5 September 2021, CFS successfully built and tested a 1: 1 scale prototype of a magnet based on HTS (High Temperature Superconductors) superconductors. The experiment demonstrated for the first time that it is possible to create a fusion chamber where the confinement of the plasma is ensured by this type of super magnets. This kind of fusion chamber will allow the reactor to reach very high temperatures, above 100 million degrees, necessary to make the controlled fusion of deuterium and tritium possible and thus to produce sustainable energy.{{Cite web|url=https://www.cnbc.com/2021/09/08/fusion-gets-closer-with-successful-test-of-new-kind-of-magnet.html|title=Fusion gets closer with successful test of new kind of magnet at MIT start-up backed by Bill Gates|website=CNBC|date=8 September 2021 }} In December 2021, ENI become the first energy company in the world to highly invest in magnetic confinement nuclear fusion, through a $1.8 billion partnership in CFS, alla Ng with Google and Bill Gates.{{cite news|url= https://www-milanofinanza-it.translate.goog/news/eni-partnership-con-cfs-per-la-fusione-nucleare-obiettivo-e-immettere-in-rete-l-energia-prodotta-dal-202303091632213204?refresh_cens&_x_tr_sl=it&_x_tr_tl=en&_x_tr_hl=it&_x_tr_pto=wapp|title=Eni accelerates nuclear fusion and strengthens partnership with the American company CFS: the first plant will be operational within a few years |access-date=March 10, 2023|journal=Milano Finanza|language=it}}

In 2022, during the Russian invasion of Ukraine, the major oil and gas companies, including Eni, reported sharp rises in interim revenues and profits. The rises are influenced by the prices of raw materials such as oil and gas which have significantly increased, due to their shortage.{{cite news |title=Eni posts record annual profit on high oil and gas prices |url=https://energywatch.com/EnergyNews/Oil___Gas/article15143478.ece |work=Energy Watch |date=23 February 2023}}

On 17 May 2022 Eni announced the procedures for the creation of an account with Gazprombank in dual currency (euro and rubles),{{Cite news|url=https://www.bloomberg.com/news/articles/2022-04-27/eni-prepares-to-open-ruble-accounts-for-gas-as-eu-warns-firms|title=Eni Moves to Open Ruble Accounts as EU's Unity Starts to Fray|website=Bloomberg.com|date=27 April 2022 }} in order to be able to proceed with the payment of Russian gas supplies, following the unilateral amendment of the contracts ordered by the Russian Federation.{{Cite web|url=https://www.spglobal.com/commodityinsights/en/market-insights/latest-news/natural-gas/051722-italys-eni-begins-process-of-opening-new-accounts-at-gazprombank|title=Italy's Eni begins process of opening new accounts at Gazprombank|website=Spglobal.com|date=17 May 2022 }} The decision was taken in agreement with the Italian government and does not violate the existing sanctions. The European Commissioner for Economy Paolo Gentiloni and the competent Russian federal authorities have confirmed that payments will continue to be made in euros and that the conversion operations will be carried out by Russian clearing agents without the involvement of the Russian Central Bank.{{Cite news|url=https://www.reuters.com/markets/commodities/eni-take-decision-russian-gas-coming-hours-days-exec-2022-05-17/|title=Eni moves to open rouble account for Russian gas|website=Reuters.com|date=17 May 2022 |last1=Jewkes |first1=Stephen }}{{Cite web|url=https://www.repubblica.it/economia/2022/05/18/news/gentiloni_gas_eni_non_viola_le_sanzioni_pagamento_in_rubli_il_caso_e_chiuso-350167030/|title=Gentiloni: Gas, Eni non viola le sanzioni. Pagamento in rubli, il caso è chiuso|website=Repubblica.it|date=18 May 2022 }}

In June 2022, Eni signed a joint venture with QatarEnergy for the North Field East (NFE) expansion which will be the worlds largest LNG project and begin production in 2025.{{Cite web |date=2022-07-06 |title=North Field East project: QatarEnergy's strategic agreements with global oil and gas companies |url=https://www.oilandgasmiddleeast.com/news/north-field-expansion-project |access-date=2023-07-31 |website=Oil & Gas Middle East}}{{Cite news |last=Mills |first=Andrew |date=2022-06-19 |title=Qatar Energy partners with Eni for North Field East LNG project |language=en |work=Reuters |url=https://www.reuters.com/business/energy/qatar-energy-joins-eni-north-field-east-lng-project-2022-06-19/ |access-date=2023-07-31}} Eni holds a 3.125% stake in the four LNG trains estimated to produce 8 million tonnes a year each.{{Cite web |date=2022-06-22 |title=ExxonMobil wins North Field East LNG stake |url=https://www.meed.com/exxonmobil-wins-north-field-east-lng-stake |access-date=2023-07-31 |website=MEED |language=en}}

In October 2023, QatarEnergy signed LNG supply deal with Italy's Eni for 27 years. Affiliates of QatarEnergy and Eni signed a long-term sale and purchase agreement for up to 1 million tons per year (mtpa) of liquefied natural gas (LNG) from Qatar's North Field expansion project.{{Cite web |title=Qatar signs 27-year gas supply deal with Italy's Eni |website=Reuters |url=https://www.reuters.com/markets/commodities/qatar-signs-27-year-gas-supply-deal-with-italys-eni-2023-10-23/ |access-date=2024-02-19}}

After 10 years of force majeure, Eni, Sonatrach and BP resumed exploration in their blocks in the Ghadames Basin (A-B) and offshore Block C in August 2023, continuing their contract obligations.{{Cite web |title=BP, Sonatrach and ENI resume operations in Libya |url=https://www.theafricareport.com/317982/bp-sonatrach-and-eni-resume-operations-in-libya/ |access-date=2023-10-24 |website=The Africa Report.com |language=en}}{{Cite news |date=2023-08-03 |title=Libya's NOC says ENI, BP, Sonatarch to lift force majeure and resume activities |language=en |work=Reuters |url=https://www.reuters.com/business/energy/libyas-noc-says-eni-bp-sonatarch-lift-force-majeure-resume-activities-2023-08-03/ |access-date=2023-10-24}}

In January 2024, Eni acquired Neptune Energy for $4.9 billion. The list of assets includes Neptune’s involvement in the Geng North-1 gas field in Indonesia, as well as projects in Western Europe, Australia and North Africa. Neptune’s business in Norway was purchased directly by Vår Energi, a subsidiary of Eni. The assets in Germany were released before the transaction, and will remain with Neptune, managed by the shareholders as a separate group.{{Cite web |date=2024-02-01 |title=Vår Energi and Eni Wrap Up Neptune Energy Acquisition |url=https://www.oedigital.com/news/511217-v-r-energi-and-eni-wrap-up-neptune-energy-acquisition |access-date=2024-10-02 |website=Offshore Engineer Magazine |language=en}}

In March 2024, Eni made discoveries off the Ivory Coast.{{Cite web |date=2024-03-07 |title=Eni makes discovery in Block CI-205 offshore Côte d'Ivoire |url=https://www.offshore-mag.com/drilling-completion/article/14310072/eni-makes-discovery-in-block-ci-205-offshore-cote-divoire?cf-view |access-date=2024-10-02 |website=Offshore |language=en}} In July 2024, new oil and gas was discovered in Block 9 of the Yopaat-1 EXP exploration well located off the shore of Mexico in the Sureste Basin.{{Cite web |date=2024-07-09 |title=Eni Finds Oil Offshore Mexico |url=https://www.oedigital.com/news/515050-eni-finds-oil-offshore-mexico |access-date=2024-10-02 |website=Offshore Engineer Magazine |language=en}}

In July 2024, Vår Energi extended its supply deal with Eni until 2036 for up to 5bcm of natural gas.{{Cite web |last=Mishra |first=Shivam |date=2024-07-01 |title=Vår Energi extends gas supply deal with Eni till 2036 |url=https://www.offshore-technology.com/news/var-energi-eni-gas-deal/ |access-date=2024-10-02 |website=Offshore Technology |language=en-US}}

On 13 February 2025 Eni announced its Formula One return by supplying fuels to Renault-powered BWT Alpine F1 Team from 2025 season onwards.

File:Bouri NC 41 DP4 platform.jpg is the biggest platform in the Mediterranean Sea.]]

As exploration and reserve replacement being major drivers for the company, Eni boosts for production additions in its core oil field areas (North and Sub-Saharan Africa,{{cite web|url=http://www.offshoreenergytoday.com/eni-makes-significant-oil-gas-discovery-offshore-congo/|title=Eni Makes Significant Oil & Gas Discovery Offshore Congo|work=Offshore Energy Today|date=August 2013 }}{{cite web|url=http://www.9colonne.it/adon.pl?act=doc&doc=48700#.Ugn7-z_xG5B|title=9Colonne – Eni: First important oil discovery in OTCP Block offshore Ghana|work=9Colonne}}{{cite web|url=http://usaoilandgasmonitor.com/2013/08/01/eni-discovers-significant-hydrocarbon-offshore-congo/|title=Eni Discovers Significant Hydrocarbon Offshore Congo|work=usaoilandgasmonitor.com|date=23 October 2022 }} Venezuela,{{cite web|url=http://www.pennenergy.com/articles/pennenergy/2013/03/eni-announces-first-production-from-junin-5-oil-field-in-venezue.html|title=Eni announces first production from Junin-5 oil field in Venezuela|work=pennenergy.com}}{{cite web|url=http://www.epmag.com/Production-Field-Development/Oil-Production-Kicks-At-Junin-5-Venezuela_113900|title=Oil Production Kicks Off At Junin-5 In Venezuela|work=epmag.com|access-date=13 August 2013|archive-url=https://web.archive.org/web/20131029203540/http://www.epmag.com/Production-Field-Development/Oil-Production-Kicks-At-Junin-5-Venezuela_113900|archive-date=29 October 2013|url-status=dead}} Barents Sea,{{Cite web|url=http://www.worldoil.com/Eni_gets_exploration_licenses_in_Barents_Sea_offshore_Norway.html|title=Eni gets exploration licenses in Barents Sea, offshore Norway}} Yamal Peninsula,{{cite web|url=http://www.morningstar.com/earnings/35431185-eni-spa-e-q4-2011.aspx|title=No Transcript Data|work=morningstar.com}}{{cite web|url=http://www.nasdaq.com/aspx/call-transcript.aspx?StoryId=439361&Title=eni-s-ceo-hosts-2012-2015-strategy-presentation-call-transcript-|title=Eni's CEO Hosts 2012–2015 Strategy Presentation Call (Transcript)|publisher=NASDAQ}} Kazakhstan,{{cite web|url=http://www.energy-pedia.com/news/kazakhstan/new-154609|title=Kazakhstan: Eni sees Kashagan to produce 75,000 barrels a day in first month|author=Amarsys|work=energy-pedia.com}}{{Cite web|url=http://www.oilandgaseurasia.com/en/news/eni-releases-2013-2016-strategic-plan|archiveurl=https://web.archive.org/web/20131029203905/http://www.oilandgaseurasia.com/en/news/eni-releases-2013-2016-strategic-plan|url-status=dead|title=oilandgaseurasia.com-oilandgaseurasia Resources and Information.|archivedate=29 October 2013|website=www.oilandgaseurasia.com}} Iraq{{Cite web|url=http://www.oxy.com/OurBusinesses/OilAndGas/MiddleEastRegion/Pages/iraq.aspx|archive-url=https://web.archive.org/web/20130826123245/http://www.oxy.com/OurBusinesses/OilAndGas/MiddleEastRegion/Pages/iraq.aspx|url-status=dead|title=Iraq|archive-date=26 August 2013}} and the Far East).{{cite web|url=http://www.euro-petrole.com/eni-awarded-east-sepinggan-block-in-indonesia-n-i-6305|title=- Eni: awarded East Sepinggan block in... – Europétrole|work=euro-petrole.com}}{{Cite web|url=https://www.ogj.com/articles/2013/03/eni-sees-4--year-output-rise-through-2016.html|title=StackPath|website=www.ogj.com|date=15 March 2013 }} Eni has about 130 exploration and production subsidiaries, such as Eni Norge. In March 2022 Eni stopped buying Russian oil because of International sanctions during the Russo-Ukrainian War.{{Cite web|url=https://www.kommersant.ru/doc/5250721|title=Итальянская Eni приостанавливает закупку российской нефти|language=ru|date=2022-03-10|publisher=Коммерсантъ}}

In 2012, Eni reported liquids and gas production for the full year of 1,701 thousand barrel of oil equivalent per day (kboe/d), this being calculated assuming a natural gas conversion factor to barrel equivalent, updated to 5,492 cubic feet of gas equal 1 barrel of oil from 1 July 2012.

During 2012, 60 new exploratory wells were drilled, as 56 were drilled in 2011 and 47 in 2010. The overall commercial success rate was 40% (40.8% net to Eni) as compared to 42% in 2011 (38.6% net to Eni) and 41% in 2010 (39% net to Eni). In 2012, 351 development wells were drilled as well, as 407 in 2011 and 399 in 2010.

In 2019 Eni reported hydrocarbon production for the full year of 1,871 kboe/d.

In 2021 Eni reported hydrocarbon production for the full year of 1,682 kboe/d.

In 2022 Eni reported hydrocarbon production for the full year of 1,610 kboe/d.

In 2023 Eni reported hydrocarbon production for the full year of 1,66 kboe/d.

In 2024 Eni reported hydrocarbon production for the full year of 1,70 kboe/d.

In 2012, sales of natural gas were 95.32 bcm, down 1.44 bcm compared to 2011.{{cite web|url=http://secfilings.nyse.com/filing.php?ipage=8849340&DSEQ=&SEQ=35&SQDESC=SECTION_PAGE|archive-url=https://archive.today/20130813111940/http://secfilings.nyse.com/filing.php?ipage=8849340&DSEQ=&SEQ=35&SQDESC=SECTION_PAGE|url-status=dead|archive-date=13 August 2013|title=History and development of the Company|publisher=New York Stock Exchange}}

In 2019 Eni reported sales of natural gas worldwide of 73.07 bcm.

In 2021 Eni reported sales of natural gas worldwide of 70.45 bcm.

In 2022 Eni reported sales of natural gas worldwide of 60.52 bcm.

In 2023 Eni reported sales of natural gas worldwide of 50.51 bcm.

In 2024 Eni reported sales of natural gas worldwide of 50.88 bcm.

Eni's power generation sites are located in Ferrera Erbognone, Ravenna, Livorno, Taranto, Mantua, Brindisi, Ferrara and Bolgiano.{{cite web|url=http://www.hydrocarbons-technology.com/projects/sanazzarrorefinery/|title=Sannazzaro Refinery – Hydrocarbons Technology|work=hydrocarbons-technology.com}}{{cite web|url=https://www.reuters.com/finance/stocks/companyProfile?symbol=E|title=Eni SpA (E) Company Profile |work=Reuters}} In 2012, Eni's power generation was 25.67 TWh.

Overall Eni supplies 2,600 customers including large companies, power generation companies, wholesalers and distributors of natural gas for automotive use. Residential users are 7.45 million and include households, professionals, small and medium size enterprises, and public bodies located all over Italy and 2.09 million customers in European Countries. International sales include Iberian Peninsula, Germany, Austria, Benelux, Hungary, UK/Northern Europe, Turkey, France markets.{{cite web|url=http://www.mercuriurval.com/en/Countries/Belgium/Jobs/Company-Branding-list/eni/|title=Eni|work=mercuriurval.com}}{{cite web|url=http://www.naturalgaseurope.com/eni-brand-enters-belgium|title=Eni to Begin Trading Under Own Name in Belgium|work=naturalgaseurope.com}}{{cite web|url=http://www.naturalgaseurope.com/eni-own-brand-retail-france|title=Eni Aims for 500,000 Customers in France Under Own Brand|work=naturalgaseurope.com}}{{cite web|url=http://www.lngworldnews.com/eni-acquires-belgian-gas-company/|title=Eni Acquires Belgian Gas Company|work=LNG World News|date=10 January 2012}}

Eni's electricity generation sites in Italy, as of July 2018, are the following:

;Natural gas power plants

• Bolgiano – 95 MW
• Brindisi – 1715 MW
• Ferrara – 586 MW
• Ferrera Erbognone – 1785 MW
• Mantua – 1387 MW
• Ravenna – 618 MW

Eni is the leader operator in refining and marketing of petroleum products in Italy.{{cite web|url=http://www.oxfordenergy.org/wpcms/wp-content/uploads/2013/06/NG-76.pdf|title=The Italian Gas Market: Challenges and Opportunities}}

Eni is engaged in retail and wholesales activities in Central-Eastern European countries also (Austria, France, Germany, Italy, Czech Republic, Romania, Slovakia, Slovenia, Switzerland, Hungary).{{cite web|url=http://www.enerdata.net/enerdatauk/press-and-publication/energy-news-001/eni-will-sell-gas-french-retail-market-under-its-own-brand_13505.html|title=Eni will sell gas on the French retail market under its own brand|work=enerdata.net|date=30 June 2015 }}{{cite web|url=http://www.enerdata.net/enerdatauk/press-and-publication/energy-news-001/eni-will-operate-belgian-retail-market-under-its-own-brand_13725.html|title=Eni will operate on the Belgian retail market under its own brand|work=enerdata.net|date=30 June 2015 }}

Eni's market share in refining and marketing in 2019 was 23.7% in Italy, 12.3% in Austria, 7.7% in Switzerland, 3.2% in Germany and 0.6% in France. Eni also owned a 20% share of Ruwais refinery in Abu Dhabi.

Retail sales operations are conducted under the Eni and Agip brands. The re-branding of Eni's service stations in Italy and in the rest of Europe to Eni brand is underway.{{cite web|url=http://www.akbizmag.com/Alaska-Business-Monthly/October-2012/Eni-announces-results-for-the-third-quarter-and-the-nine-months-of-2012/|title=Eni announces results for the third quarter and the nine months of 2012|work=akbizmag.com|access-date=13 August 2013|archive-url=https://web.archive.org/web/20160304191014/http://www.akbizmag.com/Alaska-Business-Monthly/October-2012/Eni-announces-results-for-the-third-quarter-and-the-nine-months-of-2012/|archive-date=4 March 2016|url-status=dead}}{{cite web|url=http://www.petrolworld.com/magazine/magazine6/issue-1-2013.pdf|title=Petrol World – Magazine|work=petrolworld.com|date=28 October 2023 }}

Eni operates in engineering, construction and drilling both offshore and onshore for the oil & gas industry through the subsidiary Saipem.

In April 2012, Eni in collaboration with ZEiTECS announced the world's first offshore rigless/wireline retrievable ESP system for Eni Congo.{{cite web|title=Eni and ZEiTECS Install Eni Congo's First Rigless Retrievable ESP System|url=http://www.brightwire.com/news/204823-eni-and-zeitecs-install-eni-congo-s-first-rigless-retrievable-esp-system|archive-url=https://archive.today/20120905073045/http://www.brightwire.com/news/204823-eni-and-zeitecs-install-eni-congo-s-first-rigless-retrievable-esp-system|url-status=dead|archive-date=5 September 2012|publisher=BrightWire}}

Eni's principal subsidiaries include:

• Azule Energy is an incorporated joint venture (IJV) between BP p.l.c. and Eni SpA. – combines the Angolan upstream, LNG and solar businesses of BP p.l.c. and Eni SpA)
• Enibioch4in – biomethane production
• Eni India – is expected to start drilling at a deepwater block 2, near Andaman and Nicobar Islands in Q2 of 2011 as it has received 2-year extension for the completion of drilling program. The program was delayed due to various environmental issues and scarcity of oil rigs. ENI India had won this block in 2005 and partners with ONGC and GAIL India.{{cite news

| url= http://epaper.timesofindia.com/Default/Scripting/ArticleWin.asp?From=Archive&Source=Page&Skin=ETNEW&BaseHref=ETKM/2010/10/26&PageLabel=21&EntityId=Ar02105&ViewMode=HTML&GZ=T | archive-url= https://web.archive.org/web/20120806193042/http://epaper.timesofindia.com/Default/Scripting/ArticleWin.asp?From=Archive&Source=Page&Skin=ETNEW&BaseHref=ETKM/2010/10/26&PageLabel=21&EntityId=Ar02105&ViewMode=HTML&GZ=T | url-status= dead | archive-date= 6 August 2012 | title= ENI India to start drilling in Q2 of 2011 | newspaper= The Economic Times | location = Kolkata | date=26 October 2010 | access-date=26 October 2010}}

• Eni Next LLC – Corporate Venture Capital of Eni Group
• Eni Plenitude – marketing of natural gas and power to households and businesses, energy production from renewable sources, and charging stations for electric vehicles.
• EniPower – generation and sale of electricity and steam technology
• EniProgetti – engineering services
• Eni Rewind – integrated service for environmental rehabilitation
• Enilive SpA (formerly Eni Sustainable Mobility SpA) – company dedicated to sustainable mobility and the supply of decarbonised services and products
• Eni UK – carries out operations in the British section of the North Sea, in the Irish Sea and off the coast of the Shetland Islands. Has been present in UK since 1964. In 2006 Eni UK's average net production of hydrocarbons was more than 141,000 boe/d.{{cite news |url= https://www.offshore-technology.com/projects/blaneoilfield/?cf-view|title= The Blane Oilfield Production Project in Aberdeen |publisher=Offshoretechnology.com}}
• Eniverse – Corporate Venture Builder company for technological innovation
• Export LNG Ltd – owns the Tango FLNG floating liquefaction plant in the Republic of Congo
• Ieoc SpA – active subsidiary in Egypt
• LNG Shipping SpA – sea transport of liquefied natural gas
• Saipem (21.19% owned) – Saipem is an oil and gas industry contractor. Saipem has contracted for engineering, oilfield services and construction both offshore and onshore through several pipelines, including Blue Stream, Greenstream, Nord Stream 1 and South Stream. It is a subsidiary listed on the Italian Stock Exchange.
• Versalis (100% owned) – Versalis is a chemical company that manages the production and marketing of petrochemical products such as olefines, aromatics and intermediates (base chemicals), styrenes, elastomers and polyethylene, plus in recent years a focus on green chemistry, being also able to count on a range of proprietary technologies, advanced plant facilities and a broad-based distribution network.{{Cite web|title=Versalis – Italy|url=https://chemicalparks.eu/companies/versalis|website=chemicalparks.eu|access-date=11 May 2020}}

The Central Energy Italian Gas Holding scandal in 2005 involved Eni and Gazprom.[http://www.kommersant.com/page.asp?id=636565 The Putin and Pals Project] {{webarchive|url=https://web.archive.org/web/20131107045000/http://www.kommersant.com/page.asp?id=636565 |date=7 November 2013 }}. Kommersant. 24 December 2005

In 2009, the European Commission filed formal antitrust charges against Eni. The commission believes Eni has conspired to keep competitors from using its gas pipelines.{{Cite web|url=http://www.eubusiness.com/news-eu/1237461423.06/|archiveurl=https://web.archive.org/web/20090426005613/http://www.eubusiness.com/news-eu/1237461423.06|url-status=dead|title=EU hits Italian energy group ENI with antitrust charges|archivedate=26 April 2009}}

In 2009 again, according to leaked diplomatic cables, US ambassador Lanier told Washington that bribery allegations were made in Uganda by Eni which at the time was in competition for oil assets in the country against Tullow Oil. The bribes were taken by the newly appointed Ugandan prime minister, Amama Mbabazi.{{cite news| url=https://af.reuters.com/article/ugandaNews/idAFLDE74N1W320110524?sp=true | archive-url=https://web.archive.org/web/20120917000925/http://af.reuters.com/article/ugandaNews/idAFLDE74N1W320110524?sp=true | url-status=dead | archive-date=17 September 2012 | work=Reuters | title=Uganda names bribes-claim minister new PM | date=24 May 2011}}

After corruption charges against the subsidiary Saipem, Eni's CFO Alessandro Bernini had to resign and the new CFO Massimo Mondazzi took over in December 2012.[http://www.cfo-insight.com/financing-liquidity/loans-and-bonds/bond-market-debut-for-new-eni-cfo-mondazzi/ Bond Market Debut for New Eni CFO Mondazzi] {{webarchive|url=https://web.archive.org/web/20130119071210/http://www.cfo-insight.com/financing-liquidity/loans-and-bonds/bond-market-debut-for-new-eni-cfo-mondazzi/ |date=19 January 2013 }} CFO Insight Magazine, January 2013

Eni and Royal Dutch Shell stood trial in Italy over allegations of corruption in the 2011 purchase of a big offshore oil field in Nigeria known as OPL 245. Eni and Shell reportedly paid $1.3 billion in bribes."[https://www.theguardian.com/world/2018/mar/04/oil-deal-corruption-trial-in-italy-is-wake-up-call-for-industry Oil deal corruption trial in Italy is 'wake-up call for industry']". The Guardian. 4 March 2018.{{cite news |title=Nigeria will lose $6 billion in 'corrupt' oil deal with Shell and Eni, report claims |url=https://www.cnbc.com/2018/11/27/nigeria-will-lose-6-billion-in-corrupt-oil-deal-with-shell-and-eni-report-claims.html |work=CNBC |date=27 November 2018}}{{cite news |title=Nigeria to Continue $3.5 Billion Claim Against Eni And Shell |url=https://www.bloomberg.com/news/articles/2022-07-19/nigeria-to-pursue-3-5-billion-civil-claim-against-eni-and-shell#xj4y7vzkg |work=Bloomberg |date=19 July 2022}} On 17 March 2021, the Italian court of Milan fully acquitted Eni, its chief executive officer Claudio Descalzi and Royal Dutch Shell in the corruption trial for the Nigerian oil field OPL245.{{cite news | url= https://www.reuters.com/article/uk-eni-shell-nigeria-idUSKBN2BA0XF | title= Italian court acquits Eni and Shell in Nigerian corruption case |newspaper= Reuters}}{{cite news | url= https://www.wsj.com/articles/shell-eni-found-not-guilty-of-corruption-in-nigeria-oil-case-11615997909 | title= Shell and Eni found not guilty of corruption in nigeria oil case |newspaper= Wall Street Journal}} The Nigerian government stated that it is "disappointed" by the Milan court's ruling and "will continue to hold those responsible for the OPL 245 fraud accountable."{{cite news |title=Nigeria 'disappointed' as Shell, Eni acquitted in corruption case |url=https://www.africanews.com/2021/03/17/nigeria-disappointed-as-shell-eni-acquitted-in-oil-corruption-case/ |work=Africanews |date=17 March 2021}} On 19 July 2022, the Attorney General waived the appeal before the Second Section of the Court of Appeal of Milan, making the acquittal sentences pronounced in March 2021 final.{{cite news | url= https://www.reuters.com/business/energy/italy-court-confirms-acquittal-eni-shell-nigeria-case-2022-07-19/ | title= Italy Court confirms acquittal of Eni, Shell in Nigeria case |newspaper= Reuters}} On October 8th, 2024, the deputy prosecutor Fabio De Pasquale and the public prosecutor Sergio Spadaro were sentenced by the Court of Brescia to 8 months in prison for the omission of evidence deemed favorable to the defendants, in the Eni - Nigeria trial.{{cite news | url= https://www.reuters.com/world/europe/two-italian-prosecutors-convicted-hiding-documents-eni-shell-nigeria-trial-2024-10-08/| title= Two Italian prosecutors convicted for hiding documents in Eni-Shell Nigeria trial |newspaper= Reuters}}

In 2012, Eni was included in the Carbon Performance Leadership Index, which scores companies based on their commitment to transparency and environmental leadership.{{cite news | url=https://www.panorama.it/eni-press-release/eni-confirmed-in-dow-jones-sustainability-world-index | title=Eni confirmed in Dow Jones Sustainability World Index |newspaper= Panorama }} In the first half of 2014 Eni achieved the start-up of the Porto Torres green chemistry plant and the Venice biorefinery, with the aim to increase its production of bio and green energy.{{cite news | url=https://www.matrica.it/article.asp?id=37&ver=en#.YukpMdJBxkh | title=Matrìca: Porto Torres inaugurates new green chemistry complex

|newspaper=Matrica.it }}{{cite news | url=https://www.forbes.com/sites/annalisagirardi/2019/04/12/from-cooking-oil-to-biofuel-enis-project-in-the-venice-biorefinery/?sh=499cda453483 | title=From Cooking Oil To Biofuel: Eni's Project In The Venice Biorefinery |newspaper= Forbes}} According to the 2017 Carbon Majors Report, which stores GHG emissions data on the largest company-related sources of all time, Eni accounted for 0.59% of global industrial greenhouse gas emissions from 1988 to 2015.{{cite news | url=https://cdn.cdp.net/cdp-production/cms/reports/documents/000/002/327/original/Carbon-Majors-Report-2017.pdf?1501833772#:~:text=CDP's%20Carbon%20Majors%20Report%202017,driving%20the%20global%20energy%20transition | title=CDP Carbon Majors Report 2017 |newspaper=The Carbon Majors Database }} In 2019, Eni was among the Top 10 companies by sustainability score in the World Business Council for Sustainable Development (WBCSD) rank.{{cite news | url=https://docs.wbcsd.org/2019/10/WBCSD_Reporting_Matters_2019.pdf | title=WBCSD Reporting Matters 2019 |newspaper=WBCSD.org}}{{cite news | url=https://www.energy-pedia.com/news/general/eni-is-among-the-10-top-performer-companies-for-sustainability-reporting-180867 | title=Eni is among the 10 Top Performer companies for sustainability reporting

|newspaper=Energy-pedia }} From 2020 to 2022, Eni is the first oil company with the most ambitious absolute emissions reduction target according to the report Absolute Impact 2022 by Carbon Tracker Initiative{{cite news | url=https://carbontracker.org/reports/absolute-impact-2022/ | title=Absolute Impact: Why Oil and Gas Companies Need Credible Plans to Meet Climate Targets|newspaper=Carbontracker}} in accordance with the goals of the Paris agreement to significantly lower GHG emissions and increase the production of renewable energy. In September 2021, Eni joined together with the International Renewable Energy Agency (IRENA) in a three-year partnership to promote renewable energy.{{Cite web |last=Nhede |first=Nicholas |date=2021-10-04 |title=Eni signs pact to accelerate renewables deployment with IRENA |url=https://www.powerengineeringint.com/renewables/eni-signs-pact-with-irena-to-accelerate-renewables-deployment/ |access-date=2024-03-14 |website=Power Engineering International |language=en-US}}{{Cite web |last1=Klinge |first1=Naomi |last2=Lewis |first2=Josh |date=2021-09-30 |title=Eni and IRENA pair to promote renewable energy |url=https://www.upstreamonline.com/energy-transition/eni-and-irena-pair-to-promote-renewable-energy/2-1-1076010 |access-date=2024-03-14 |website=upstreamonline.com |language=en}}

The board of directors is comprised as follows as of May 2023:

• Giuseppe Zafarana, Chairman
• Claudio Descalzi, CEO
• Elisa Baroncini, Director
• Massimo Belcredi, Director
• Roberto Ciciani, Director
• Carolyn Adele Dittmeier, Director
• Federica Seganti, Director
• Cristina Sgubin, Director
• Raphael Louis L. Vermeir, Director

• List of petroleum companies

{{Portal bar|Companies|Italy}}

{{Reflist}}

{{refbegin}}

• {{In lang|en|cap=yes}} Marcello Boldrini, Mattei, Rome, Colombo, 1969
• {{In lang|it|cap=yes}} Marcello Colitti, Energia e sviluppo in Italia, Bari, De Donato, 1979
• {{In lang|en|cap=yes}} Paul H. Frankel, Oil and Power Policy, New York – Washington, Praeger, 1966
• {{In lang|en|cap=yes}} Pier Paolo Pasolini, Petrolio, various
• {{In lang|it|cap=yes}} Nico Perrone, Enrico Mattei, Bologna, Il mulino, 2001 {{ISBN|88-15-07913-0}}

{{refend}}

{{Commons category}}

• {{Official website|}}
• [https://finance.yahoo.com/q?s=E Eni from Yahoo! finance]

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