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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