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Eni S.p.A. - statistics & facts

Eni S.p.A. was established by law in 1953 from the existing company Agip, which was dedicated to oil exploration and the commercialization of oil and its derivatives. Originally, the name “ENI” stood for “Ente Nazionale Idrocarburi” (national hydrocarbons authority). Since then, Eni has become Italy’s largest industrial company and has operations in more than 70 countries around the world. The company is headquartered in Rome, Italy. The oil and gas company is one of Italy’s most valuable brands, and is roughly 31 percent owned by the Italian government.

Company operations

Since its establishment, Eni has broadened its operations to include nuclear energy, contracting, mining, natural gas and power, refining and marketing for petrochemical products, and more. Refining and marketing operations accounts for the majority of Eni’s net revenues, although exploration and production also contribute extensively to their net revenues. The company produces large volumes of hydrocarbons in its oil field areas across the globe. Approximately half of Eni’s gas revenues are generated within Italy. The company also has subsidiaries outside Italy, as well as Versalis, a chemical company that produces various petrochemical products. However, the volume of Eni S.p.A’s refinery throughputs has been declining in recent years.

Employment figures and other financials

Eni employs roughly 31,500 people around the world. The company’s net income fell to a negative 8.6 billion euros in 2020 as a direct result of lower transportation fuel demand during the coronavirus pandemic. It was the greatest annual loss since 2015.

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Eni S.p.A.

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Eni S.p.A. - statistics & facts

Eni S.p.A. was established by law in 1953 from the existing company Agip, which was dedicated to oil exploration and the commercialization of oil and its derivatives. Originally, the name “ENI” stood for “Ente Nazionale Idrocarburi” (national hydrocarbons authority). Since then, Eni has become Italy’s largest industrial company and has operations in more than 70 countries around the world. The company is headquartered in Rome, Italy. The oil and gas company is one of Italy’s most valuable brands, and is roughly 31 percent owned by the Italian government.

Company operations

Since its establishment, Eni has broadened its operations to include nuclear energy, contracting, mining, natural gas and power, refining and marketing for petrochemical products, and more. Refining and marketing operations accounts for the majority of Eni’s net revenues, although exploration and production also contribute extensively to their net revenues. The company produces large volumes of hydrocarbons in its oil field areas across the globe. Approximately half of Eni’s gas revenues are generated within Italy. The company also has subsidiaries outside Italy, as well as Versalis, a chemical company that produces various petrochemical products. However, the volume of Eni S.p.A’s refinery throughputs has been declining in recent years.

Employment figures and other financials

Eni employs roughly 31,500 people around the world. The company’s net income fell to a negative 8.6 billion euros in 2020 as a direct result of lower transportation fuel demand during the coronavirus pandemic. It was the greatest annual loss since 2015.

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