The logo of Eni, a six-legged dog symbolising "energy".

Eni S.p.A. is an Italian multinational oil and gas company, with a presence in 70 countries and 71,500 employees. Its stock is traded at Milan and on the New York Stock Exchange. Eni is currently Italy's largest industrial company. It has been very recently privatized, the first 14.7 percent of being to the public in for $4.1 billion in 1995. Pumpjack pumping an oil well near Sarnia, Ontario Petroleum (from Greek petra – rock and elaion – oil or Latin oleum – oil ) or crude oil is a thick, dark brown or greenish liquid. ... Many stoves use natural gas. ... New York Stock Exchange (June 2003) The New York Stock Exchange (NYSE) , also nicknamed the Big Board, is the largest stock exchange in the world in dollar volume and second largest by number of companies listed. ...

Eni operates in the following areas:

• Gasoline and diesel (mostly under the Agip brand)
• Natural gas (mostly under the Snam Rete Gas brand)
• Electricity generation (Enipower)
• Engineering and construction (Snamprogetti and Saipem)
• Petrochemical business (Polemeri Europa)

Main activities are: petrol) or Gasoline is a petroleum-derived liquid mixture consisting primarily of hydrocarbons, used as fuel in internal combustion engines. ... Diesel or Diesel fuel is a specific fractional distillate of fuel oil (mostly petroleum) that is used as fuel in a diesel engine invented by German engineer Rudolf Diesel. ... Agip (Azienda Generale Italiana Petroli) is an Italian automotive oil and fuel manufacturer. ... A petrochemical is any chemical derived from fossil fuels. ...

• Exploration & Production
• Gas & Power
• Refining & Marketing

Results for 2005:

• Sales 77.0 billion Euro

With its refining capacity of 933,000 barrels per day, Eni is Europe's third largest refiner. Its crude oil production comes primarily from Libya, Egypt, Nigeria, the Congo, the North Sea, and Angola, with smaller amounts of crude oil production in Tunisia and in the United States. Eni's China production began in 1992, although it currently amounts to only 1 percent of Eni's total crude oil production.

History

Eni was founded in 1953 by the Italian government, to promote and develop a national energy strategy based on the concentration of all the activities in the energy sector into one group. The name derives from the initials of the company's original full title Ente Nazionale Idrocarburi, but is no longer used as an acronym. Eni was led for many years by Enrico Mattei. The Eni also owns the Agenzia Giornalistica Italia (AGI), one of the main Italian news agency. Enrico Mattei (Acqualagna, Pesaro, Italy, 1906 - Bascapé, October 27, 1962) was an Italian public officer and the head of Agip Petroli, the Italian oil company. ... Founded in 1950, the Agenzia Giornalistica Italia (AGI - Italian Journalist Agency) is one of the main Italian news agency. ...

External links

• Eni corporate website