Eni
Italian multinational energy company
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February 13 2025 | Eni announced its return to Formula One by supplying fuels to the Renault-powered BWT Alpine F1 Team from the 2025 season onwards. |
November 2024 | Eni launched its new HPC6 supercomputer, the most powerful in Europe and fifth in the world, capable of executing over 600 million billion complex mathematical operations per second. |
October 8 2024 | The deputy prosecutor Fabio De Pasquale and public prosecutor Sergio Spadaro were sentenced to 8 months in prison for omitting evidence favorable to the defendants in the Eni-Nigeria trial. |
July 2024 | Eni discovered new oil and gas in Block 9 of the Yopaat-1 EXP exploration well in the Sureste Basin off Mexico. |
July 2024 | Vår Energi extended its supply deal with Eni until 2036 for up to 5 billion cubic meters of natural gas. |
March 2024 | Eni made oil and gas discoveries off the Ivory Coast. |
January 2024 | Eni acquired Neptune Energy for $4.9 billion, including assets in the Geng North-1 gas field in Indonesia, and projects in Western Europe, Australia, and North Africa. |
2023 | Eni reported worldwide natural gas sales of 50.51 billion cubic meters. |
2023 | Eni reported hydrocarbon production for the full year of 1,660 kboe/d. |
2023 | Eni's financial performance moderated, with revenue decreasing to €93.72 billion and net income reducing to €4.771 billion. |
2023 | The company improved its global ranking, moving to 81st on the Forbes Global 2000 and 61st on the Fortune Global 500. |
October 2023 | QatarEnergy signed a 27-year LNG supply deal with Eni for up to 1 million tons per year from Qatar's North Field expansion project. |
August 2023 | After 10 years of force majeure, Eni, Sonatrach, and BP resumed exploration in their blocks in the Ghadames Basin (A-B) and offshore Block C. |
2022 | Eni reported worldwide natural gas sales of 60.52 billion cubic meters. |
2022 | Eni reported hydrocarbon production for the full year of 1,610 kboe/d. |
2022 | The company experienced its most financially successful year in the dataset, with revenue soaring to €132.512 billion and net income reaching €13.887 billion. |
2022 | Eni ranked 111th on both the Fortune Global 500 and Fortune Global 2000 lists, solidifying its position as a major global energy corporation. |
July 19 2022 | The Attorney General waived the appeal before the Second Section of the Court of Appeal of Milan, making the OPL 245 corruption trial acquittal final. |
June 2022 | Eni signed a joint venture with QatarEnergy for the North Field East (NFE) expansion, securing a 3.125% stake in four LNG trains set to produce 8 million tonnes annually, with production beginning in 2025. |
May 17 2022 | Eni announced procedures for creating a dual-currency account with Gazprombank to pay for Russian gas supplies, in agreement with the Italian government and without violating existing sanctions. |
March 2022 | Stopped buying Russian oil due to international sanctions during the Russo-Ukrainian War. |
2021 | Eni achieved a 26% reduction of its net Carbon Footprint Upstream compared to 2018. |
2021 | Eni's renewables business reached an installed capacity of 1,188 MW from renewable sources. |
2021 | Eni reported worldwide natural gas sales of 70.45 billion cubic meters. |
2021 | Eni reported hydrocarbon production for the full year of 1,682 kboe/d. |
2021 | Eni showed strong recovery, with revenue increasing to €76.575 billion and net income rebounding to €5.821 billion. |
December 2021 | Eni became the first energy company globally to highly invest in magnetic confinement nuclear fusion, committing $1.8 billion in partnership with CFS, Google, and Bill Gates. |
September 2021 | Eni joined the International Renewable Energy Agency (IRENA) in a three-year partnership to promote renewable energy. |
September 5 2021 | Commonwealth Fusion Systems (CFS), with Eni as its first shareholder, successfully built and tested a 1:1 scale prototype magnet based on High Temperature Superconductors, demonstrating the possibility of creating a fusion chamber with plasma confinement. |
March 2021 | Eni exited the Pakistani market, selling its assets to Prime International Oil & Gas Company, including interests in eight development and production leases and four exploration licences. |
March 17 2021 | The Italian court of Milan fully acquitted Eni, its CEO Claudio Descalzi, and Royal Dutch Shell in the corruption trial related to the Nigerian oil field OPL 245 bribery allegations. |
2020 | The company faced a significant financial challenge during the COVID-19 pandemic, with revenue dropping to €43.987 billion and a substantial net loss of €8.635 billion. |
February 2020 | Eni replaced the HPC4 supercomputer with the new HPC5 model, which has three times the computing ability and debuted as the sixth most powerful supercomputer in the world. |
2019 | Eni was ranked among the Top 10 companies by sustainability score in the World Business Council for Sustainable Development (WBCSD) ranking. |
2019 | Eni achieved a market share of 23.7% in refining and marketing in Italy, 12.3% in Austria, 7.7% in Switzerland, 3.2% in Germany, and 0.6% in France. |
2019 | Eni reported worldwide natural gas sales of 73.07 billion cubic meters. |
2019 | Eni reported hydrocarbon production for the full year of 1,871 kboe/d. |
2019 | Eni's revenue slightly decreased to €69.881 billion, but maintained a low but positive net income of €0.148 billion. |
2019 | Eni opened its second biorefinery in Gela. |
May 2019 | The Rovuma LNG project was approved by the government of Mozambique, with Eni as a key participant focusing on upstream facilities construction and operation. |
2018 | Financial performance continued to improve, with revenue rising to €75.822 billion and net income reaching €4.126 billion. |
March 2018 | Eni reached an agreement with MIT to fund fusion research projects, investing about $2 million over the following years. |
January 2018 | Eni launched its new HPC4 supercomputer for more effective exploration of oil and gas reservoirs. |
2017 | Eni showed signs of recovery, with revenue increasing to €66.919 billion and returning to a positive net income of €3.374 billion. |
July 2017 | Eni accepted responsibility for an oil spill affecting the Fylde coast of Blackpool in the United Kingdom. |
2016 | The company continued to face financial challenges, with revenue further declining to €56.693 billion and a net loss of €1.044 billion. |
2016 | Eni launched Progetto Italia, aiming to redevelop industrial areas and create new renewable sources production plants. |
2015 | Eni experienced a significant financial downturn, with revenue sharply falling to €68.945 billion and recording a net loss of €7.127 billion. |
August 2015 | Eni announced the discovery of a huge gasfield off the coast of Egypt. |
January 2015 | Eni, in collaboration with Vitol Energy, signed a $7 billion contract with the government of Ghana to produce oil and gas at Cape Three Points. |
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