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Eni

Eni is an Italian multinational energy company engaged in oil and gas exploration, production, refining, power generation and the sale of fuels and petrochemicals. The company is headquartered in Rome and operates in more than 60 countries across Europe, Africa, Asia, the Americas and Australia. Eni is partially owned by the Italian government, which holds a significant stake through the Ministry of Economy and Finance, and is listed on the Borsa Italiana. The company's core activities include upstream exploration and production of hydrocarbons, midstream gas marketing and liquefied natural gas operations, and downstream refining and chemicals. Eni holds a major position in African energy markets, with significant operations in countries including Mozambique, Angola, Nigeria, Egypt, Libya and Algeria. The company is a key partner in Mozambique's offshore gas developments in the Rovuma Basin, including the Coral South floating LNG project and the Mozambique LNG onshore venture in Cabo Delgado province. Eni reported consolidated revenues of approximately €93-billion in 2022 and employs around 32 000 people worldwide. The company has increasingly focused on energy transition initiatives, including renewable power, biofuels and carbon capture projects. Eni was established in 1953 as Ente Nazionale Idrocarburi, a state-owned entity created to develop Italy's domestic and international hydrocarbon resources, and was partially privatised in the 1990s.

Eni News


Lithium site in Argentina
US to fund $7bn of Argentina mineral, energy projects, document shows
Updated 4 hours ago By: Reuters

The US Export-Import Bank plans to fund up to $7-billion worth of critical minerals and energy projects in Argentina, according to a document seen by Reuters, as part of a push to deepen economic... 


An image of an offshore gas rig
Greater PAJ project, Angola
28th August 2026 By: Sheila Barradas

The Greater PAJ project is Angola’s first integrated cross-block development. It is an offshore oil development integrating hydrocarbon resources across two adjacent concessions and brings... 


Mozambique flag
ExxonMobil awards $1.1bn in contracts for Mozambique's Rovuma LNG project
18th August 2026 By: Reuters

ExxonMobil said on Monday it has awarded about $1.1-billion worth of pre-investment contracts for certain upstream equipment for the Rovuma LNG Phase 1 project in Cabo Delgado. The US oil major... 


Eni oil and gas infrastructure
Eni-Petronas JV starts floating gas facility build for North Hub in Indonesia
24th July 2026 By: Reuters

Searah, the joint venture energy company formed by Italy's Eni and Malaysia's Petronas, has started developing a floating gas facility to process gas from its $11.8-billion North Hub project in... 


ADNOC project called Hail & Ghasha
ADNOC greenlights $6.2bn Umm Shaif Gas Cap project
21st July 2026 By: Reuters

Abu Dhabi's State energy company Abu Dhabi National Oil Company (ADNOC) has taken a $6.2-billion final investment decision (FID) to develop the Umm Shaif Gas Cap, in an acceleration of its... 


Vaar Energi oil and gas infrastructure
Biggest independent European oil, gas producer to emerge from Vaar Energi, BlueNord deal
21st July 2026 By: Reuters

Norway's Vaar Energi said on Tuesday it will buy smaller Oslo-listed rival BlueNord to form Europe's largest independent oil and gas producer in a deal worth around $1.33-billion that sent shares... 


Lithium spodumene crystal
Italy's Eni buys minority stake in EnergyX's lithium project in Chile
7th July 2026 By: Reuters

Italian energy group Eni said on Monday it signed a deal to buy a 25% stake in Black Giant, a subsidiary of US startup EnergyX, which is developing a lithium project in Chile. Lithium is... 


Eni LNG vessel
Commodities trader Mercuria to form JV with Italian major Eni
1st July 2026 By: Reuters

Swiss-based commodities trading house Mercuria and Italian oil and gas major Eni have agreed to set up a joint venture (JV), the companies said on Wednesday, reflecting a trend for trading... 


Petronas signage
Indonesia's PC Ketapang II launches construction on Bukit Panjang gas project
18th June 2026 By: Reuters

PC Ketapang II Ltd, a unit of the Searah joint venture between Italy's Eni and Malaysia's Petronas, has begun the physical construction work on its Bukit Panjang gas field in Indonesia, the company... 


Libya landscape
Libya's NOC signs production-sharing deals with foreign firms after licensing round
15th June 2026 By: Reuters

Libya's National Oil Corporation (NOC) has signed production-sharing agreements with several international energy companies following the country's first licensing round in nearly two decades, its... 


Standard Bank Mozambique CEO Bernardo Aparício
Standard Bank outlines macroeconomic spinoffs from $30bn Rovuma LNG project
8th June 2026 By: Terence Creamer

Standard Bank has published a bullish macroeconomic assessment of the giant Rovuma liquefied natural gas (LNG) project in northern Mozambique, which has been described as the largest commercial... 


Aerial view of the Matawinie project
Matawinie mine and Bécancour battery material plant – Phase 2, Canada – update
17th April 2026 By: Sheila Barradas

Nouveau Monde Graphite Inc has concluded the equity component of the Phase 2 Matawinie financing package. 


Matawinie mine area
NMG concludes funding package for Matawinie Phase 2 development
10th April 2026 By: Marleny Arnoldi

TSX- and NYSE-listed Nouveau Monde Graphite (NMG) has secured equity investments totalling $213-million from Canada Growth Fund (CGF), the government of Quebec through Investissement Québec (IQ)... 


Angola's national oil company wants to diversify into critical minerals
25th February 2026 By: Reuters

Angolan State-owned oil company Sonangol said on Wednesday that it wanted to diversify into critical minerals as it reported lower net profit last year. Sonangol made net profit of more than... 


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pqt: 0.056s - ct: 0.103s - 227pq - 2rq
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