Eni S.p.A. Sponsored ADR (ENI1)

Overview

Founded in 1953 and headquartered in Rome, Italy, Eni S.p.A. stands as a global powerhouse in the integrated energy sector. It operates across a broad spectrum of activities including the exploration, development, extraction, manufacturing, and marketing of crude oil and natural gas, as well as the production and sale of oil-based fuels, chemical products, and gas-fired power. Furthermore, Eni is actively involved in developing energy solutions from renewable sources. The company's operations are segmented into Exploration & Production; Global Gas & LNG Portfolio; Refining & Marketing and Chemicals; Plenitude & Power; and Corporate and Other Activities, distinguishing its wide-reaching capabilities in driving innovation while contributing to sustainable energy solutions.

Products and Services

Eni S.p.A.’s diverse portfolio of products and services is characterized by a commitment to excellence and sustainability across various sectors of the energy industry.

• Exploration & Production: Eni is involved in the research, development, and production of oil, natural gas, and condensates. The company is also engaged in forestry conservation projects and CO2 capture and storage initiatives, emphasizing its dedication to reducing the environmental impact of energy production.
• Global Gas & LNG Portfolio (GGP): This segment oversees the supply, sale, international transport, purchase, and marketing of liquefied natural gas and wholesale natural gas through pipelines. Eni's GGP operations highlight its pivotal role in the global gas markets and its commitment to energy security and diversification.
• Refining & Marketing and Chemicals: Eni processes, supplies, distributes, and markets fuels and chemicals. Through its state-of-the-art refineries and chemical plants, the company produces high-quality products that meet the evolving needs of the global market, reflecting its continuous efforts to innovate and improve efficiency.
• Plenitude & Power: This segment is dedicated to the retail sale of gas, electricity, and related services. It includes the production and wholesale sale of electricity generated from both thermoelectric and renewable sources. Additionally, Eni offers services for E-mobility, reinforcing its position as a leader in the transition to a more sustainable energy future.
• Corporate and Other Activities: This area focuses on research and development, new technologies, business digitalization, and environmental initiatives. Eni is investing in the future of energy through its commitment to digital transformation and its efforts to minimize its environmental footprint.