ENI (NYSE:E) S.p.A. (NYSE:E) is a global integrated energy company engaged in the exploration, production, refining, marketing and distribution of oil and natural gas, as well as in the development of renewable energy and petrochemicals. Its upstream operations include search for and extraction of hydrocarbon resources across key basins, while its midstream and downstream segments cover transportation, storage, refining and sale of refined petroleum products. ENI’s chemicals division produces a wide range of products through its Versalis subsidiary, serving industries from automotive to packaging.
Founded in 1953 by Italian entrepreneur Enrico Mattei, ENI was established to secure national energy independence and supply. Over the decades the company expanded beyond the Mediterranean region through strategic partnerships, acquisitions and exploration partnerships, becoming one of the world’s leading oil and gas operators. Following partial privatization in the 1990s, ENI shares began trading on the Milan and New York stock exchanges, bringing a broader investor base while still retaining significant public ownership by the Italian government.
ENI operates in over 60 countries spanning Europe, Africa, the Middle East, Asia and the Americas. It maintains a strong presence in North Africa with major projects in Egypt and Libya, and has deepwater exploration activities off the coast of West Africa. In Europe, ENI’s green energy initiatives include solar and wind ventures that complement its traditional business lines. The company also pursues research in biofuels and hydrogen technologies as part of its strategy to reduce carbon intensity and support the global energy transition.
Headquartered in Rome, ENI is overseen by a Board of Directors and led by Chief Executive Officer Claudio Descalzi, supported by a management team with expertise in engineering, geology, finance and renewable energy development. The company’s strategic priorities emphasize operational efficiency, robust project execution and sustainable growth. Through continuous innovation and collaboration with national oil companies and international partners, ENI aims to meet evolving energy demands while advancing environmental stewardship and community engagement in its areas of operation.
