Jump to content

Eni

From Wikipedia, the free encyclopedia

This is an old revision of this page, as edited by Ridwan97 (talk | contribs) at 07:29, 27 October 2022. The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

Eni
Company typeSocietà per azioni
BITENI
FTSE MIB Component
ISINIT0003132476
IndustryOil and gas
Founded10 February 1953; 71 years ago (1953-02-10)
Headquarters,
Area served
Worldwide
Key people
Lucia Calvosa (Chairwoman)
Claudio Descalzi (CEO)
ProductsPetroleum, natural gas, petroleum products
RevenueIncrease €76.575 billion (2021)[1]
Increase €12.341 billion (2021)[1]
Increase €5.8 billion (2021)[1]
Total assetsIncrease €137.76 billion (2021)[1]
Total equityIncrease €44.52 billion (2021)[1]
Number of employees
Increase 32,689 (2021)[1]
SubsidiariesEni gas e luce, Saipem, Eni Rewind, EniPower, EniProgetti, Versalis
Websitewww.eni.com

Eni S.p.A. (Italian pronunciation: [ˈɛːni]) is an Italian multinational energy company headquartered in Rome. Considered one of the seven "supermajor" oil companies in the world,[2] it has operations in 69 countries[3] with a market capitalization of US$54.08 billion, as of 11 April 2022.[4] The Italian government owns a 30.33% golden share in the company, 4.37% held through the Ministry of Economy and Finance and 25.96% through the Cassa Depositi e Prestiti.[5] The company is a component of the Euro Stoxx 50 stock market index.[6]

The name "ENI" was initially the acronym of "Ente Nazionale Idrocarburi" (National Hydrocarbons Board). Through the years after its foundation however, it operated in many fields including contracting, nuclear power, energy, mining, chemicals and plastics, refining/extraction and distribution machinery, hospitality industry and even the textile industry and news.

With revenues around €92.2 billion, Eni ranked 111th on both the Fortune Global 500 and the Forbes Global 2000 in 2022, making it the third largest Italian company on the Fortune list (after Assicurazioni Generali and Enel) and second largest on the Forbes list (after Enel). Per the Fortune Global 500, Eni is the largest petroleum company in Italy, the second largest based in the European Union (after TotalEnergies), and the 13th largest in the world.[7][8]

History

1950s–1960s

Palazzo ENI, Rome, built 1959–1962.[9] Photo by Paolo Monti, 1967

Eni was founded in 1953 from an existing company, Agip, which was created in 1926 with the aim to explore for oilfields, acquire and commercialize oil and derivatives.[10][11] In March 1953, Enrico Mattei was nominated Eni's chairman.[12][13]

Eni was originally an acronym for the company's full title Ente Nazionale Idrocarburi (National Hydrocarbons Board).[14] After 1995, the meaning ceased to be relevant but the name was maintained.[15] In 1952, the logo of the then nascent Eni was selected. The logo is a six-legged dog, an imaginary animal symbolizing the sum of a car's four wheels and the two legs of its driver.[16][17]

Starting in 1954, Eni acquired extensive exploration rights in North Africa, signing an agreement with the Egyptian government led by Nasser while providing an active and equal role for the crude producing countries through the establishment of joint ventures.[14][18] In 1957, Eni pushed for a similar agreement, known as the "Mattei formula",[19][20] to be signed with Persian Shah Mohammad Reza Pahlavi and the National Iranian Oil Company.[21][22][23] In 1960, during the Cold War period, Eni signed an agreement with the Soviet Union for the importation of Russian crude at low prices.[24][25]

On 27 October 1962, Enrico Mattei's airplane mysteriously exploded near Bascapè, on his way to Milan from Catania.[26][27] His death was initially considered an accident, but later it was confirmed to be a murder with the aim to protect and hide important economical and political interests in Italy and especially abroad, as it is clearly stated in the records of the trial on the assassination of the journalist Mauro De Mauro, who was investigating on the death of Enrico Mattei.[28]

During the following years, Eni signed joint venture contracts with foreign companies to supply crude from Egypt to Iran and from Libya to Tunisia.[29] In 1963, Eni acquired a majority stake in Italgas.[30]

1970s–1980s

In October 1973, after the Yom Kippur War and the OPEC embargo[31][32] against the United States and the Netherlands by OPEC members and Arab countries, a serious oil crisis occurred,[33] causing Eni to consolidate its position in the international market by signing an agreement with Sonatrach,[34] the Algerian state oil entity for natural gas supply.[35]

In 1974, Eni signed an agreement with the Libyan government, followed by additional agreements with Egypt, Nigeria and Tunisia.[36][37][38][39]

During the mid-1970s, Eni planned a major infrastructure for transporting natural gas over long distances, by building a pipeline network of thousands of miles throughout Europe and the Mediterranean.[40][41][42]

After the inauguration of the Trans-Mediterranean Pipeline connecting Algeria to Sicily through Tunisia,[43] Eni signs a new agreement with Libya for the exploitation of Boùri,[44] the biggest oilfield in the centre of the Mediterranean,[45] and develops its international role within the oil industry.[46]

1990s–2000s

In 1992, Eni became a joint stock company by Law Decree,[47][48][49][50][51] and was listed to the Italian and New York Stock Exchange in 1995.[52][53][54]

From 1995 to 1998, Eni put four share offers fully successfully, as 70% of its capital assets were sold to private shareholders.[55][56][57]

As the price of oil collapsed in 1998 as other major companies Eni got to turn into a race through merges, international acquisitions, new explorations and the foundation of real super-companies.[58][59][60]

2000s–2010s

Since 2000, Eni has been developing the Kashagan[61] oilfield a major offshore discovery, along the Caspian Sea.[62][63]

In 2005, the Blue Stream pipeline projected to supply gas from southern Russia to Turkey was inaugurated as a joint venture between Eni and Gazprom.[64][65][66]

In 2007, Eni signed an agreement to conduct South Stream a feasibility study with Gazprom to import Russian gas into Europe across the Black Sea.[67][68][69]

Activist asset manager Knight Vinke, who owns 1% of the outstanding shares of the company, begun pressuring Eni's management to operate a spin-off of Eni's gas activities. In its opinion this would solve the undervaluation of the company and release up to 50 billion euros ($70bn) of hidden value.[70]

In 2010, Eni achieves key production milestone in Iraqi Zubair oil field.[71][72][73]

After getting a licence in 2006 for the exploration of an offshore area in the north of Mozambique, known as Area 4,[74][75][76] Eni announced several major natural gas discoveries between 2011 and 2012 such as Mamba South,[77][78][79][80][81][82] Mamba North,[83][84] Mamba North East,[85][86][87][88] Coral 1.[89][90][91][92]

2010 to present

Eni petrol station in Lentiai

In February 2014, ENI discovered oil at its DRC offshore block.[93]

Since 2012, Eni has been selling off refining and marketing assets it owned in eastern Europe to increase profitability. By 2013 Eni already reduced its refining capacity by 13 percent. In May 2014 Eni agreed to sell their 32.5% share in Česká rafinerská a.s. (CRC), a refining company in Czech Republic, to MOL Group of Hungary.[94]

In June 2014, the company signed an agreement with Sasol to acquire a 40% interest in a permit to explore 82,000-km2 offshore of South Africa's east coast.[95]

In 2014, Eni launched a new plan to convert its conventional refineries into biorefineries: the first plant was in Porto Marghera,[96] in 2019 the second one opened in Gela.[97]

In January 2015, Eni in collaboration with Vitol Energy signed a $7 billion contract with the government of Ghana. This agreement was reached to produce oil and gas at Cape Three Points in the Western Region of Ghana, in an attempt to enable Ghana to meet its power and energy needs.

In August 2015, Eni announced the discovery of a huge gasfield off the coast of Egypt.[98]

In 2016, Eni launched Progetto Italia,[99] which aims to redeveloping its industrial areas and to create new renewable sources production plants: in 2018 the first photovoltaic plant was inaugurated in Assemini,[100] the second opened in Porto Torres,[101] both in Sardinia.

In July 2017, the oil giant accepted responsibility for an oil spill affecting the Fylde coast of Blackpool in the United Kingdom.[102]

In January 2018, Eni launched its new HPC4 supercomputer, one of the most powerful computing systems which allows a more effective and fast exploration of oil and gas reservoirs.[99] Since February 2020 Eni replaced the HPC4 supercomputer with the new model HPC5, which has three times the computing ability compared to the previous one.[103]

In March 2018, Eni reached an agreement with MIT to fund fusion research projects run out of the MIT Plasma Science and Fusion Center (PSFC)’s newly created Laboratory for Innovation in Fusion Technologies (LIFT). The expected investment in these research projects will amount to about $2 million over the following years.[104]

In March 2021, Eni exited the Pakistani market and sold its assets to Prime International Oil & Gas Company.[105][106] The deal include the assets sold, interests in eight development and production leases and four exploration licences.[105][106] Prime International Oil & Gas Company, a newly established joint venture (JV) between Eni Pakistan local employees and Hub Power Company.[105][106]

In 2018 Eni became the first shareholder of the American company Commonwealth Fusion Systems (CFS), a spin-out of the Massachusetts Institute of Technology (MIT) in Boston.[107] CFS aims to build a fusion reactor based on tokamak technology, much more compact and cheaper compared to other existing projects such as the international ITER.[108] On September 5, 2021, CFS successfully built and tested a 1: 1 scale prototype of a magnet based on HTS (High Temperature Superconductors) superconductors. The experiment demonstrated for the first time that it is possible to create a fusion chamber where the confinement of the plasma is ensured by this type of super magnets. This kind of fusion chamber will allow the reactor to reach very high temperatures, above 100 million degrees, necessary to make the controlled fusion of deuterium and tritium possible and thus to produce sustainable energy.[109]

On 17 May 2022 Eni announced the procedures for the creation of an account with Gazprombank in dual currency (euro and rubles),[110][111] in order to be able to proceed with the payment of Russian gas supplies, following the unilateral amendment of the contracts ordered by the Russian Federation.[112] The decision was taken in agreement with the Italian government and does not violate the existing sanctions. The European Commissioner for Economy Paolo Gentiloni and the competent Russian federal authorities have confirmed that payments will continue to be made in euros and that the conversion operations will be carried out by Russian clearing agents without the involvement of the Russian Central Bank.[113][114]

Financial data

Financial data in € billions[115]
Year 2013 2014 2015 2016 2017[116] 2018[117] 2019[118] 2020[119] 2021[120]
Revenue 116.107 110.948 68.945 56.693 66.919 75.822 69.881 43.987 76.575
Net Income 4.972 0.850 −7.127 −1.044 3.374 4.126 148 −8.635 5.821
Assets 138.088 146.207 134.792 124.545 114.928 118.373 123.440 109.648 137.765
Employees 30,970 29,403 29,053 33,536 32,934 31,701 32,053 31,495 32,689

Operations

Eni Oil Bouri DP4 in Bouri Field is the biggest platform in the Mediterranean Sea.

Exploration and production

As exploration and reserve replacement being major drivers for the company,[121] Eni boosts for production additions in its core oil field areas (North and Sub-Saharan Africa,[122][123][124] Venezuela,[125][126] Barents Sea,[127][128] Yamal Peninsula,[129][130] Kazakhstan,[131][132] Iraq[133] and the Far East).[134][135] Eni has about 130 exploration and production subsidiaries,[136] such as Eni Norge.[137] In March 2022 Eni stopped buying Russian oil because of International sanctions during the Russo-Ukrainian War.[138]

In 2012, Eni reported liquids and gas production for the full year of 1,701 thousand barrel of oil equivalent per day (kboe/d), this being calculated assuming a natural gas conversion factor to barrel equivalent, updated to 5,492 cubic feet of gas equal 1 barrel of oil from 1 July 2012.[121][139]

During 2012, 60 new exploratory wells were drilled, as 56 were drilled in 2011 and 47 in 2010. The overall commercial success rate was 40% (40.8% net to Eni) as compared to 42% in 2011 (38.6% net to Eni) and 41% in 2010 (39% net to Eni). In 2012, 351 development wells were drilled as well, as 407 in 2011 and 399 in 2010.[140][141][142]

In 2019 Eni reported hydrocarbon production for the full year of 1,871 kboe/d.[143]

In 2021 Eni reported hydrocarbon production for the full year of 1,68 kboe/d.[1]

Gas and power

Natural gas

In 2012, sales of natural gas were 95.32 bcm, down 1.44 bcm compared to 2011.[144][145][146]

In 2019 Eni reported sales of natural gas worldwide of 73.07 bcm.[143]

In 2021 Eni reported sales of natural gas worldwide of 70.45 bcm.[1]

Eni's power generation sites are located in Ferrera Erbognone, Ravenna, Livorno, Taranto, Mantua, Brindisi, Ferrara and Bolgiano.[147][148] In 2012, Eni's power generation was 25.67 TWh.[149][150] Overall Eni supplies 2,600 customers including large companies, power generation companies, wholesalers and distributors of natural gas for automotive use. Residential users are 7.45 million and include households, professionals, small and medium size enterprises, and public bodies located all over Italy and 2.09 million customers in European Countries. International sales include Iberian Peninsula, Germany, Austria, Benelux, Hungary, UK/Northern Europe, Turkey, France markets.[151][152][153][154][155]

Power generation

Eni's electricity generation sites in Italy, as of July 2018, are the following:[156]

Natural gas power plants

Refining and marketing

Eni is the leader operator in refining and marketing of petroleum products in Italy.[157][158] Eni is engaged in retail and wholesales activities in Central-Eastern European countries also (Austria, France, Germany, Italy, Czech Republic, Romania, Slovakia, Slovenia, Switzerland, Hungary).[159][160][161][162] Eni's market share in refining and marketing in 2019 was 23.7% in Italy, 12.3% in Austria, 7.7% in Switzerland, 3.2% in Germany and 0.6% in France. Eni also owned a 20% share of Ruwais refinery in Abu Dhabi.[163] Retail sales operations are conducted under the Eni and Agip brands. The re-branding of Eni's service stations in Italy and in the rest of Europe to Eni brand is underway.[157][164][165]

Engineering and construction

Eni operates in engineering, construction and drilling both offshore and onshore for the oil&gas industry through the subsidiary Saipem.[166]

In April 2012, Eni in collaboration with ZEiTECS announced the world's first offshore rigless/wireline retrievable ESP system for Eni Congo.[167]

Subsidiaries

Eni's principal subsidiaries include:[168]

  • Eni Gas & Power[169] (100% owned) – a natural gas and power company based in Belgium formed by merger of Distrigas and Nuon Belgium
  • Versalis (100% owned) – Versalis is a chemical company that manages the production and marketing of petrochemical products such as olefines, aromatics and intermediates (base chemicals), styrenes, elastomers and polyethylene, plus in recent years a focus on green chemistry, being also able to count on a range of proprietary technologies, advanced plant facilities and a broad-based distribution network.[170]
  • Saipem (30.54% owned) – Saipem is an oil and gas industry contractor. Saipem has contracted for engineering, oilfield services and construction both offshore and onshore through several pipelines, including Blue Stream, Greenstream, Nord Stream 1 and South Stream. It is a subsidiary listed on the Italian Stock Exchange.
  • Eni Plenitude – marketing of natural gas and power to households and businesses, energy production from renewable sources, and charging stations for electric vehicles.
  • Eni UK – carries out operations in the British section of the North Sea, in the Irish Sea and off the coast of the Shetland Islands. Has been present in UK since 1964. In 2006 Eni UK's average net production of hydrocarbons was more than 141,000 boe/d.[171]
  • Eni India – is expected to start drilling at a deepwater block 2, near Andaman and Nicobar Islands in Q2 of 2011 as it has received 2-year extension for the completion of drilling program. The program was delayed due to various environmental issues and scarcity of oil rigs. ENI India had won this block in 2005 and partners with ONGC and GAIL India.[172]
  • EniPower – generation and sale of electricity and steam technology
  • EniProgetti – engineering services
  • Eni Rewind – integrated service for environmental rehabilitation
  • Eni Plenitude – sale of natural gas and electricity to individuals and businesses
  • Eni Next LLC – Corporate Venture Capital of Eni Group

The Central Energy Italian Gas Holding scandal in 2005 involved Eni and Gazprom.[173]

In 2009, the European Commission filed formal antitrust charges against Eni. The commission believes that Eni has conspired to keep competitors from using its gas pipelines.[174]

In 2009 again, according to the WikiLeaks cables, US ambassador Lanier told Washington that bribery allegations were made in Uganda by Eni which at the time was in competition for oil assets in the country against Tullow Oil. The bribes were taken by the newly appointed Ugandan prime minister, Amama Mbabazi.[175]

After corruption charges against the subsidiary Saipem, Eni's CFO Alessandro Bernini had to resign and the new CFO Massimo Mondazzi took over in December 2012.[176]

Eni and Royal Dutch Shell stood trial in Italy over allegations of corruption in the 2011 purchase of a big offshore oil field in Nigeria known as OPL 245. Eni and Shell reportedly paid $1.3 billion in bribes.[177] On March 17, 2021, the Italian court of Milan fully acquitted Eni, its chief executive officer Claudio Descalzi and Royal Dutch Shell in the corruption trial for the Nigerian oil field OPL245.[178][179] On July 19, 2022, the Attorney General waived the appeal before the Second Section of the Court of Appeal of Milan, making the acquittal sentences pronounced in March 2021 final.[180]

Sustainability

In 2012, Eni was included in the Carbon Performance Leadership Index, which scores companies based on their commitment to transparency and environmental leadership.[181] In the first half of 2014 Eni achieved the start-up of the Porto Torres green chemistry plant and the Venice biorefinery, with the aim to increase its production of bio and green energy.[182][183] According to the 2017 Carbon Majors Report, which stores GHG emissions data on the largest company-related sources of all time, Eni accounted for 0.59% of global industrial greenhouse gas emissions from 1988 to 2015.[184] In 2019, Eni was among the Top 10 companies by sustainability score in the World Business Council for Sustainable Development (WBCSD) rank.[185][186] From 2020 to 2022, Eni is the first oil company with the most ambitious absolute emissions reduction target according to the report Absolute Impact 2022 by Carbon Tracker Initiative[187] in accordance with the goals of the Paris agreement to significantly lower GHG emissions and increase the production of renewable energy. In 2021, Eni renewables business reached an installed capacity from renewable sources of 1,188 MW.[188] In the same year, Eni achieved a reduction of its net Carbon Footprint Upstream by 26% compared to 2018.[189]

Corporate structure

Board of directors

The board of directors is comprised as follows as of May 2020:[190]

  • Lucia Calvosa, Chairwoman
  • Claudio Descalzi, CEO
  • Ada Lucia De Cesaris, director
  • Filippo Giansante, director
  • Pietro Angelo Mario Antonio Guindani, director
  • Karina Audrey Litvack, director
  • Emanuele Piccinno, director
  • Nathalie Tocci, director
  • Raphael Louis L. Vermeir, director

See also

References

Citations

  1. ^ a b c d e f g h "Eni Annual Report 2021" (PDF). eni.com. 2021.
  2. ^ "The spotlight sharpens: Eni and corruption in Republic of Congo's oil sector". Global Witness.
  3. ^ "Global Presence". eni.com.
  4. ^ "Eni SpA Market Cap 2006-2022 | E". www.macrotrends.net.
  5. ^ "List of shareholders | Eni". www.eni.com.
  6. ^ "Frankfurt Stock Exchange". Archived from the original on 19 November 2015.
  7. ^ "ENI | 2022 Global 500". Fortune. Retrieved 28 August 2022.
  8. ^ CONTRERAS", "ANDREA MURPHY"," ISABEL. "The Global 2000 2022". Forbes. Retrieved 28 August 2022.{{cite web}}: CS1 maint: multiple names: authors list (link)
  9. ^ La costruzione dell'architettura: temi e opere del dopoguerra italiano. Gangemi Editore. 2016. pp. 190–. ISBN 978-88-492-9096-7.
  10. ^ "ENI SPA (ENI:BrsaItaliana): Stock Quote & Company Profile". Bloomberg BusinessWeek. Archived from the original on 15 October 2013.
  11. ^ "J.P. Morgan's adr.com | The premier site for the global investor". www.adr.com. Archived from the original on 30 May 2012.
  12. ^ "Introducing Enrico Mattei – enihistory". eni.com.
  13. ^ "FEEM – Fondazione Eni Enrico Mattei – About us – Enrico Mattei". feem.it. Archived from the original on 16 August 2011.
  14. ^ a b "Eni". Encyclopædia Britannica.
  15. ^ "What does Eni stand for?". eni.com. Archived from the original on 2 December 2013.
  16. ^ "History of the trademark". Archived from the original on 19 June 2013.
  17. ^ "What is the significance of the "six-legged dog" in the Eni symbol?". eni.com. Archived from the original on 6 October 2015.
  18. ^ "1954 – MOVING AROUND THE WORLD. ALL YOU NEED IS A FORMULA". eni.com.
  19. ^ "Enrico Mattei". Encyclopædia Britannica.
  20. ^ "1957 – THE MATTEI FORMULA, ANOTHER WINNING MOVE". enihistory.
  21. ^ "Eni in Egypt" (PDF). Archived from the original (PDF) on 2 December 2013.
  22. ^ "OIL AGREEMENTS IN IRAN". iranicaonline.org.
  23. ^ "ENI". wordpress.com.
  24. ^ "CEO Paolo Scaroni discusses Eni-Russia relations: past, present and future". thinkRUSSIA. Archived from the original on 3 December 2013. Retrieved 7 August 2013.
  25. ^ "A History of US Petroleum Wars by We Fight for Oil". epubbud.com.
  26. ^ "1962 – A LIGHT GOES OFF OVER THE SKY OF Bascapè. – enihistory". eni.com.
  27. ^ "The Mystery of Enrico Mattei". HistoricWings.com: A Magazine for Aviators, Pilots and Adventurers.
  28. ^ "La sentenza su De Mauro 'Ucciso per lo scoop su Mattei'". La Repubblica. Palermo. Retrieved 8 January 2018.
  29. ^ "Oil Company Histories". virginia.edu.
  30. ^ "Learn about Italgas". italgas.it.
  31. ^ "Oil Embargo, 1973–1974 – 1969–1976 – Milestones – Office of the Historian". state.gov. Archived from the original on 1 November 2013.
  32. ^ "OPEC states declare oil embargo". HISTORY.com. Archived from the original on 5 July 2014. Retrieved 8 August 2013.
  33. ^ "1973–74 Oil Crisis". berkeley.edu.
  34. ^ "Research Library". bakerinstitute.org. Archived from the original on 4 May 2013.
  35. ^ "The 70s/80s". eni.com. Archived from the original on 17 August 2011.
  36. ^ "National Oil Corporation-Eni gas company". Archived from the original on 3 December 2013. Retrieved 8 August 2013.
  37. ^ "The Race for Energy: from 1972 to 1998". Archived from the original on 2 December 2013.
  38. ^ "Pipelines or pipe dreams? Lessons from the history of Arab transit pipelines". macam.ac.il.
  39. ^ "Eni in Libya" (PDF). Archived from the original (PDF) on 24 September 2015.
  40. ^ press@nato-pa.int. "NATO PA – 166 GSM 03 – ENERGY AND THE ENVIRONMENT IN THE MEDITERRANEAN". nato-pa.int. Archived from the original on 9 November 2005.
  41. ^ "Trans-Mediterranean Pipeline". Pipelines International.
  42. ^ "Pipelines in the Middle East and North Africa". Archived from the original on 2 December 2013.
  43. ^ "Trans-Mediterranean Natural Gas Pipeline – Hydrocarbons Technology". hydrocarbons-technology.com.
  44. ^ "ENI (Agip) Bouri". FMC Technologies. Archived from the original on 6 October 2015. Retrieved 8 August 2013.
  45. ^ "Libya gas export project sets records". offshore-mag.com.
  46. ^ "1978 – HOUSTON, WE HAVE A CONTRACT. – enihistory". eni.com.
  47. ^ "Share Capital Evolution". eni.com. Archived from the original on 2 December 2013.
  48. ^ "E stock quote - ENI S.p.A. stock price". NASDAQ.
  49. ^ "1992 – A private affair, at the service of everyone. – enihistory". eni.com.
  50. ^ "Eni signs agreements on industrial relations and green economy". Europa (web portal).
  51. ^ "Ente Nazionale Idrocarburi (ENI) S.P.A." ide.go.jp.
  52. ^ "Eni SpA". Archived from the original on 2 December 2013.
  53. ^ "1995 – The stock exchange listing! – enihistory". eni.com.
  54. ^ "Who will run Eni?". The Economist.
  55. ^ "The History of Privatization". eni.com. Archived from the original on 14 March 2012.
  56. ^ "Login to access the Oil & Gas Journal Subscriber Premium features". ogj.com.
  57. ^ "eni s.p.a." aebrus.ru.
  58. ^ "The Top 10 Oil & Gas Companies" (PDF).
  59. ^ "The Race for Energy: from 1998 to 2009". Archived from the original on 4 December 2013.
  60. ^ Mergers and restructuring in the world oil industry Archived 22 May 2016 at the Portuguese Web Archive
  61. ^ "ABOUT KASHAGAN". ncoc.kz. Archived from the original on 16 September 2013. Retrieved 13 August 2013.
  62. ^ "2001 – Conquering Kashagan. – enihistory". eni.com.
  63. ^ "Kashagan Offshore Oil Field Project – Offshore Technology". offshore-technology.com.
  64. ^ Alves, Joao (2016). "Blue Stream". The Role of Feedback in the Formation and Evolution of Star Clusters: 18. Bibcode:2016rffe.confE..18A. Archived from the original on 28 September 2012.
  65. ^ "Hydrocarbons Industry Projects – Hydrocarbons Technology". hydrocarbons-technology.com.
  66. ^ "Eni, Blue Stream project". Archived from the original on 12 August 2014.
  67. ^ "Eni and Gazprom sign the agreement for the South Stream Project". eni.com. Archived from the original on 8 August 2014.
  68. ^ "South Stream Gas Pipeline". gulfoilandgas.com.
  69. ^ "South Stream Pipeline Project, Europe". hydrocarbons-technology.com.
  70. ^ "Letter to Eni CEO" (PDF). Knight Vinke Asset Management. Archived from the original (PDF) on 15 February 2010. Retrieved 23 January 2010.
  71. ^ "Eni achieves key production milestone in the Zubair field, in Iraq". eni.com. Archived from the original on 28 March 2014.
  72. ^ Gina Chon (4 November 2009). "Eni Signs Pact to Develop Iraq's Zubair Oil Field – WSJ". The Wall Street Journal.
  73. ^ "Journal of Petroleum Technology – Company News". spe.org.
  74. ^ "Eni in Mozambique". Archived from the original on 6 January 2013.
  75. ^ "Mozambique: Galp Energia and Eni to drill offshore Mozambique in September". Archived from the original on 13 August 2013. Retrieved 13 August 2013.
  76. ^ "Italian group ENI finds more natural gas in Mozambique". Macauhub English.
  77. ^ "ABO – About Oil – Our Publications". abo.net. Archived from the original on 6 October 2015.
  78. ^ "Explorer". aapg.org.
  79. ^ "Eni increases the Mamba South gas discovery in Mozambique by 50%". eni.com. Archived from the original on 11 January 2013.
  80. ^ "SubSeaIQ – Offshore Field Development Projects". subseaiq.com.
  81. ^ "Eni discovers gas at Mamba South offshore Mozambique". offshore-technology.com. 23 October 2011.
  82. ^ "Italy's ENI claims giant gas discovery in Mozambique". Modern Ghana.
  83. ^ "Eni: new giant gas discovery in the offshore Mozambique". eni.com. Archived from the original on 21 April 2012.
  84. ^ "Rovuma Basin promissing [sic] to ENI with Mozambique Mamba discoveries « 2B1stconsulting". 2b1stconsulting.com. 5 August 2012.
  85. ^ "NEWS". 1derrick.com.
  86. ^ Alan Petzet. "Eni adds Paleocene pay, 10+ tcf off Mozambique". ogj.com.
  87. ^ "Eni announces Mozambique gas discovery". bus-ex.com.
  88. ^ "Mozambique: Eni makes new natural gas discovery in the region". esteri.it.
  89. ^ "Eni: important new discovery in Mozambique". eni.com. Archived from the original on 31 May 2012.
  90. ^ "floatingproductionzone.com has expired". www.floatingproductionzone.com. Archived from the original on 7 October 2015.
  91. ^ "Eni announces major new gas discovery offshore Mozambique". Oil Review Africa.
  92. ^ Zacks Investment Research (6 October 2015). "Eni Makes a Major Gas Discovery". Zacks Investment Research.
  93. ^ Eni finds oil and gas offshore DR Congo, Africa: Oil Review Africa, 2014
  94. ^ "Eni sheds eastern European refining assets". Oil and Gas Journal. 7 May 2014. Retrieved 20 May 2014.
  95. ^ "Italy's Eni acquires 40pc interest in Sasol's gas offshore permit". South Africa News.Net. Archived from the original on 14 July 2014. Retrieved 11 June 2014.
  96. ^ "Eni has converted its refinery in Porto Marghera, Venice, to the production of high quality bio-fuel from vegetable oil and biomass". chemicalparks.eu.
  97. ^ "Eni inaugurates its 750,000 tonnes Gela bio-refinery in Europe".
  98. ^ Adams, Christopher (30 August 2015). "Eni discovers 'supergiant' gasfield near Egypt". Financial Times. Retrieved 31 August 2015.
  99. ^ a b "Eni Takes the Lead in Industrial Supercomputing". HPCwire. 24 January 2018.
  100. ^ "Eni builds photovoltaic plant at salt-production site in southern Italy". 5 July 2018.
  101. ^ "Eni Starts Production at Photovoltaic Plant in Porto Torres". Archived from the original on 15 August 2020. Retrieved 26 May 2020.
  102. ^ "Oil giant accepts responsibility for spill affecting Fylde coast". Blackpool Gazette.
  103. ^ Review, Energy Industry (21 February 2020). "New Supercomputing System HPC5".
  104. ^ "A new era in fusion research at MIT". MIT News. Retrieved 10 March 2018.
  105. ^ a b c Jamal, Nasir (10 March 2021). "Eni exits Pakistan, sells assets to local JV". DAWN.COM.
  106. ^ a b c "Eni Exits Pakistan, Sells Assets to Prime International Oil & Gas | Hart Energy". www.hartenergy.com. Retrieved 30 August 2021.
  107. ^ "A new era in fusion research at MIT". News.mit.
  108. ^ Tollefson, Jeff (2018). "MIT launches multimillion-dollar collaboration to develop fusion energy". Nature. 555 (7696): 294–295. Bibcode:2018Natur.555..294T. doi:10.1038/d41586-018-02966-3.
  109. ^ "Fusion gets closer with successful test of new kind of magnet at MIT start-up backed by Bill Gates". CNBC. 8 September 2021.
  110. ^ "Eni starts process opening accounts Gazprombank". Eni.com.
  111. ^ "Eni Moves to Open Ruble Accounts as EU's Unity Starts to Fray". Bloomberg.com. 27 April 2022.
  112. ^ "Italy's Eni begins process of opening new accounts at Gazprombank". Spglobal.com. 17 May 2022.
  113. ^ Jewkes, Stephen (17 May 2022). "Eni moves to open rouble account for Russian gas". Reuters.com.
  114. ^ "Gentiloni: Gas, Eni non viola le sanzioni. Pagamento in rubli, il caso è chiuso". Repubblica.it. 18 May 2022.
  115. ^ "ENI Bilanz, Gewinn und Umsatz | ENI Geschäftsbericht | 897791". wallstreet-online.de. Retrieved 5 November 2018.
  116. ^ "Integrated Annual Report 2017" (PDF).
  117. ^ "Annual Report 2018" (PDF).
  118. ^ "Annual Report 2019" (PDF).
  119. ^ "Annual Report 2020" (PDF).
  120. ^ "Annual Report 2021" (PDF).
  121. ^ a b "Exploration & Production". eni.com. Archived from the original on 2 February 2012.
  122. ^ "Eni Makes Significant Oil & Gas Discovery Offshore Congo". Offshore Energy Today. August 2013.
  123. ^ "9Colonne – Eni: First important oil discovery in OTCP Block offshore Ghana". 9Colonne.
  124. ^ "Eni Discovers Significant Hydrocarbon Offshore Congo". usaoilandgasmonitor.com.
  125. ^ "Eni announces first production from Junin-5 oil field in Venezuela". pennenergy.com.
  126. ^ "Oil Production Kicks Off At Junin-5 In Venezuela". epmag.com. Archived from the original on 29 October 2013. Retrieved 13 August 2013.
  127. ^ "Eni awarded new exploration licenses in the Barents Sea". eni.com. Archived from the original on 31 July 2013.
  128. ^ "Eni gets exploration licenses in Barents Sea, offshore Norway".
  129. ^ "No Transcript Data". morningstar.com.
  130. ^ "Eni's CEO Hosts 2012–2015 Strategy Presentation Call (Transcript)". NASDAQ.
  131. ^ Amarsys. "Kazakhstan: Eni sees Kashagan to produce 75,000 barrels a day in first month". energy-pedia.com.
  132. ^ "oilandgaseurasia.com-oilandgaseurasia Resources and Information". www.oilandgaseurasia.com. Archived from the original on 29 October 2013.
  133. ^ "Iraq". Archived from the original on 26 August 2013.
  134. ^ "- Eni: awarded East Sepinggan block in... – Europétrole". euro-petrole.com.
  135. ^ "StackPath". www.ogj.com.
  136. ^ "Archived copy". Archived from the original on 29 October 2013. Retrieved 25 October 2013.{{cite web}}: CS1 maint: archived copy as title (link)
  137. ^ "Eni Norge". eninorge.com.
  138. ^ "Итальянская Eni приостанавливает закупку российской нефти" (in Russian). Коммерсантъ. 10 March 2022.
  139. ^ "Oil and gas production". eni.com.
  140. ^ "Drilling". eni.com.
  141. ^ "Exploration and Development". eni.com. Archived from the original on 10 June 2013.
  142. ^ "Annual report 2012" (PDF). Archived from the original (PDF) on 6 October 2015.
  143. ^ a b "Annual Report 2019" (PDF). eni.com.
  144. ^ "Gas & Power". eni.com. Archived from the original on 30 June 2012.
  145. ^ "Previous Year's Results". eni.com. Archived from the original on 28 July 2013.
  146. ^ "History and development of the Company". New York Stock Exchange. Archived from the original on 13 August 2013.
  147. ^ "Sannazzaro Refinery – Hydrocarbons Technology". hydrocarbons-technology.com.
  148. ^ "Eni SpA (E) Company Profile". Reuters.
  149. ^ "Power Generation". eni.com. Archived from the original on 31 October 2013.
  150. ^ "Power". eni.com.
  151. ^ "Sales of natural gas". eni.com. Archived from the original on 31 October 2013.
  152. ^ "Eni". mercuriurval.com.
  153. ^ "Eni to Begin Trading Under Own Name in Belgium". naturalgaseurope.com.
  154. ^ "Eni Aims for 500,000 Customers in France Under Own Brand". naturalgaseurope.com.
  155. ^ "Eni Acquires Belgian Gas Company". LNG World News. 10 January 2012.
  156. ^ "District heating and thermoelectric plants". eni.com. Eni.
  157. ^ a b "Refining & Marketing". eni.com. Archived from the original on 26 January 2012.
  158. ^ "The Italian Gas Market: Challenges and Opportunities" (PDF).
  159. ^ "Marketing of refined products". eni.com. Archived from the original on 31 October 2013.
  160. ^ "Eni will sell gas on the French retail market under its own brand". enerdata.net. 30 June 2015.
  161. ^ "Eni enters the retail natural gas market in France". eni.com. Archived from the original on 6 November 2012.
  162. ^ "Eni will operate on the Belgian retail market under its own brand". enerdata.net. 30 June 2015.
  163. ^ "Refining and marketing: from the refinery to the market". eni.com.
  164. ^ "Eni announces results for the third quarter and the nine months of 2012". akbizmag.com. Archived from the original on 4 March 2016. Retrieved 13 August 2013.
  165. ^ "Petrol World – Magazine" (PDF). petrolworld.com.
  166. ^ "Engineering & Construction". Eni. Archived from the original on 26 June 2012. Retrieved 8 June 2012.
  167. ^ "Eni and ZEiTECS Install Eni Congo's First Rigless Retrievable ESP System". BrightWire. Archived from the original on 5 September 2012.
  168. ^ "The subsidiaries companies of Eni | Eni". www.eni.com.
  169. ^ "Eni Elektriciteit Aardgas Electricité Gaz Naturel". eni.be. Archived from the original on 4 September 2018. Retrieved 23 April 2019.
  170. ^ "Versalis – Italy". chemicalparks.eu. Retrieved 11 May 2020.
  171. ^ "Eni starts production at the Blane oil field offshore UK". Milan: Eni. 12 September 2007. Archived from the original on 14 January 2012. Retrieved 19 April 2010.
  172. ^ "ENI India to start drilling in Q2 of 2011". The Economic Times. Kolkata. 26 October 2010. Retrieved 26 October 2010.
  173. ^ The Putin and Pals Project Archived 7 November 2013 at the Wayback Machine. Kommersant. 24 December 2005
  174. ^ "EU hits Italian energy group ENI with antitrust charges". Archived from the original on 26 April 2009.
  175. ^ "Uganda names bribes-claim minister new PM". Reuters. 24 May 2011. Archived from the original on 17 September 2012.
  176. ^ Bond Market Debut for New Eni CFO Mondazzi Archived 19 January 2013 at the Wayback Machine CFO Insight Magazine, January 2013
  177. ^ "Oil deal corruption trial in Italy is 'wake-up call for industry'". The Guardian. 4 March 2018.
  178. ^ "Italian court acquits Eni and Shell in Nigerian corruption case". Reuters.
  179. ^ "Shell and Eni found not guilty of corruption in nigeria oil case". Wall Street Journal.
  180. ^ "Italy Court confirms acquittal of Eni, Shell in Nigeria case". Reuters.
  181. ^ "Eni confirmed in Dow Jones Sustainability World Index". Panorama.
  182. ^ "Matrìca: Porto Torres inaugurates new green chemistry complex". Matrica.it.
  183. ^ "From Cooking Oil To Biofuel: Eni's Project In The Venice Biorefinery". Forbes.
  184. ^ "CDP Carbon Majors Report 2017" (PDF). The Carbon Majors Database.
  185. ^ "WBCSD Reporting Matters 2019" (PDF). WBCSD.org.
  186. ^ "Eni is among the 10 Top Performer companies for sustainability reporting". Energy-pedia.
  187. ^ "Absolute Impact: Why Oil and Gas Companies Need Credible Plans to Meet Climate Targets". Carbontracker.
  188. ^ "Eni in 2021" (PDF). Eni.com.
  189. ^ "Just transition". Eni.com.
  190. ^ "Eni Shareholders approve 2019 Financial Statements and appoints the Company Officers at Annual Meeting". www.eni.com.

General and cited sources

Further reading

  • (In English) Marcello Boldrini, Mattei, Rome, Colombo, 1969
  • (In Italian) Marcello Colitti, Energia e sviluppo in Italia, Bari, De Donato, 1979
  • (In English) Paul H. Frankel, Oil and Power Policy, New York – Washington, Praeger, 1966
  • (In English) Pier Paolo Pasolini, Petrolio, various
  • (In Italian) Nico Perrone, Enrico Mattei, Bologna, Il mulino, 2001 ISBN 88-15-07913-0