Eni Spa E

Eni SpA is an integrated energy company engaged in the exploration and production of crude oil and natural gas the manufacturing and marketing of oil based fuels and chemicals the generation of gas fired power and the development of renewable energy products such as biofuels and wind and solar power.

The company generates revenue from the sale of hydrocarbons from its upstream operations the wholesale and retail marketing of gas and electricity the sale of refined fuels and chemical products and the provision of services through its network of service stations and renewable energy installations.

The company operates through the following segments:

• Exploration and Production engages in oil and natural gas exploration field development and production as well as LNG operations in 33 countries and conducts oil and product trading activities to support the refining business.
• Global Gas and LNG Portfolio and Power supplies and markets gas via pipeline and LNG maximizes equity gas and LNG volumes trades electricity and gas for hedging and operates thermoelectric power plants in Italy providing backup capacity to the national grid.
• Enilive manufactures biofuels at plants in Venice and Gela and through a joint venture in the United States manages an extensive network of service stations in Italy and selected European markets and offers non fuel products and services to drivers.
• Plenitude retails gas power and related services to a large customer base in Italy and the rest of Europe develops solar photovoltaic and wind farms both onshore and offshore markets the electricity produced and expands a network of electric vehicle charging stations across Europe.
• Refining and Chemicals refines crude oil to produce fuels and markets them to internal units such as Enilive and to large accounts while through its subsidiary Versalis produces basic chemicals plastics elastomers and is developing bio based chemicals and bioplastics from renewable feedstocks.
• Corporate and Other activities includes the costs of central support functions environmental remediation by Eni Rewind and initiatives in carbon capture and storage and agricultural projects aimed at supplying bio feedstock to the companys biorefineries.

Eni holds a significant position among global integrated energy companies competing with majors such as ExxonMobil Shell TotalEnergies BP and Chevron as well as with national oil companies in various regions its competitive advantages stem from a geographically diversified reserve base a fully integrated value chain advanced technology capabilities and a clear strategy to reduce the carbon footprint while maintaining profitability.

The company serves a diverse customer base that includes industrial users utilities retail consumers transportation operators and specific clients such as Zanasi Group which purchases renewable electricity from Plenitude.