Insight

Strategy update: Eni Strategy Day 2019

18 March 2019

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18 March 2019

Strategy update: Eni Strategy Day 2019

Report summary

Positive message abounded at Eni's 2019 Strategy Day. Management highlighted the progress made in transforming the company in recent years and maintained key growth targets. Deeper integration, capital discipline and efficiency will build on good foundations to expand and enhance value, right across the business. Digitalisation, decarbonisation and renewables will play increasingly important roles, leveraging existing operations. A bold plan to make the upstream business carbon neutral by 2030 was unveiled. This will be underpinned by a growing focus on forestation in Africa, where the company aims to capture over 20 million tons of carbon dioxide by 2030.

Strategy Day 2019
- Overview
- Our take
- 1. Upstream growth
- Exploration entering a new cycle
- Upstream growth outlook
- 2. Shareholder distributions, sustainable investment and rising cash flow
- Shareholder returns
- Planned investment
- Rising cash flow
- Disposals
- 3. New energies and decarbonisation
- 4. Mid-downstream: LNG underpins G&P ambitions
- 4.1 Gas and Power
- 4.2 Refining and Marketing