Eni Remains Committed to its Decarbonization Strategy, Revises Long-Term Prices Assumptions, Having Assessed the Disruptions in the Trading Environment Due to COVID-19
Strategy and implementation actions to reduce the Company’s carbon footprint confirmed, and possibly speeded up; Long-term prices assumptions for Brent crude oil set at $60 /barrel (from 2023 onwards, in real terms), compared to $70/barrel previously Claudio Descalzi, Eni’s CEO, commented: “We confirm our strategy to become a leader in …
Eni’s Board of Directors Appoints Claudio Descalzi as Chief Executive Officer and Appoints the Members of the Board Committees
Eni’s Board of Directors[1] today appointed Claudio Descalzi as Chief Executive Officer and General Manager. In this role he will be responsible for the management of the company, with the exception of specific responsibilities that are reserved for the Board of Directors and those that are not to be delegated …
Eni’s CEO Defers 50% of His Long-Term Incentive Until 2021. Company Senior Managers do the Same.
Eni’s Chief Executive Officer, Claudio Descalzi, will defer the collection of half of his 2020 long-term incentive plan until 2021. The decision has been made due to the current health emergency and the situation in the oil & gas sector, and it joins the company’s measures to reduce investment and …
Eni: First Quarter 2020 Results
Eni’s Board of Directors yesterday approved the consolidated results for the first quarter of 2020 (not subject to audit). Having examined the results, Eni CEO Claudio Descalzi said: “The period since March has been the most complex period the global economy has seen for more than 70 years. For the …
Eni Launches New Corporate Mission Integrating Sustainability into its Business
Eni is continuing its transformation by launching a new corporate mission. Inspired by the United Nations’ 17 Sustainable Development Goals (SDGs), Eni’s mission sets out the company’s values regarding climate change, the environment, access to energy, cooperation and partnerships for development, and the respect for people and human rights. The …
Eni: To Form Joint Operating Copany with JSC NC KMG for the Isatay Block
JSC KazMunayGas (KMG) Chief Executive Officer, Sauat Mynbayev and Eni’s CEO, Claudio Descalzi signed an agreement today at the Foreign Investors’ Council in Astana. The agreement renews the conditions for the transfer to Eni of 50% of the subsoil use rights in the Isatay block, located in the Caspian Sea, …
Gazprom CEO, Alexei Miller, meets with Eni CEO Claudio Descalzi in St. Petersburg
The Chief Executive of Gazprom, Alexei Miller today met with Eni CEO Claudio Descalzi. During the meeting, they discussed the dynamics of Italy’s gas market and the prospects of Italian and European gas supply from Russia, also from alternative sources. The two companies also confirmed their continued close partnership in …
Gazprom’s CEO Alexey Miller, meets Eni’s CEO, Claudio Descalzi in Moscow
The Chief Executive Officer of Gazprom, Alexey Miller, met today in Moscow the Chief Executive Officer of Eni, Claudio Descalzi. During the meeting, which was held in an atmosphere of cordiality, they discussed, among other things, over the global energy scenario with a particular focus on the dynamics of the …
ENI: Completes Kazakhstan's Isatay Block Deal
The Chairman of KazMunayGas’ (KMG) Management Board, Sauat Mynbayev, and Eni’s CEO, Claudio Descalzi, finalized today, in the presence of the President of the Republic of Kazakhstan, Nursultan Nazarbayev, and the Italian Prime Minister, Matteo Renzi, an agreement that defines the commercial terms of the transfer to Eni of 50% …
ENI: Completes Kazakhstan’s Isatay Block Deal
The Chairman of KazMunayGas’ (KMG) Management Board, Sauat Mynbayev, and Eni’s CEO, Claudio Descalzi, finalized today, in the presence of the President of the Republic of Kazakhstan, Nursultan Nazarbayev, and the Italian Prime Minister, Matteo Renzi, an agreement that defines the commercial terms of the transfer to Eni of 50% …