Description

Eni S.p.A. is a prominent integrated energy enterprise primarily engaged in the discovery, development, and extraction of crude oil and natural gas resources. The company's diverse operations are managed through several key divisions. Its Exploration & Production segment focuses on the research, development, and eventual production of oil, condensates, and natural gas, additionally participating in forestry preservation and carbon dioxide capture and storage initiatives. The Global Gas & LNG Portfolio segment handles the sourcing and wholesale distribution of natural gas via pipelines and international transport, alongside the purchase and commercialization of liquefied natural gas. The Refining & Marketing and Chemicals division oversees the processing, supply chain management, distribution, and retail of various fuels and chemical products. Through its Plenitude and Power segment, Eni provides retail gas and electricity services, along with related offerings, and is involved in the generation and wholesale supply of power from both conventional thermal and renewable energy facilities. Corporate and Other activities comprise the company's remaining business functions. As of December 31, 2021, Eni reported substantial net proved reserves amounting to 6,628 million barrels of oil equivalent and held an operational power generation capacity of 4.5 gigawatts. The company, established in 1953, is headquartered in Rome, Italy.