ENI (NYSE:E) S.p.A. (NYSE:E) is a global integrated energy company headquartered in Rome, Italy. Founded in 1953 as Ente Nazionale Idrocarburi, ENI’s operations span the full oil and gas value chain, from exploration and production to refining, marketing and distribution of petroleum products. Over the decades, the company has expanded its footprint beyond Italy, establishing a presence in over 60 countries across Europe, Africa, the Middle East and North America.
In its upstream business, ENI focuses on exploration and production of crude oil and natural gas through both conventional and deepwater projects. The company leverages advanced seismic imaging technologies and proprietary drilling techniques to develop resource-rich fields. ENI’s asset portfolio includes interests in major offshore basins such as the Mediterranean Sea, the Gulf of Mexico and the West African margin.
ENI’s midstream and downstream activities encompass the transportation, refining and marketing of hydrocarbons, as well as the production of petrochemicals. The company operates a network of pipelines and storage terminals, and owns several refineries in Italy and abroad. ENI’s chemical division manufactures a range of polymers and specialty chemicals used in industries from automotive to packaging, while its gas & power segment supplies natural gas, liquefied natural gas (LNG) and electricity to industrial, commercial and retail customers.
Under the leadership of CEO Claudio Descalzi, ENI has pursued a strategy of diversification and energy transition, investing in renewable energy projects such as solar and wind farms, biofuels and low-carbon hydrogen. The company has set targets for reducing greenhouse gas emissions intensity and is collaborating with partners to develop carbon capture and storage solutions. With a long history of technological innovation and a growing commitment to sustainability, ENI aims to balance energy security, environmental stewardship and value creation for its stakeholders.
