Eni is restructuring its portfolio to navigate the energy transition, balancing its traditional upstream oil and gas production with a growing focus on low carbon solutions. The company is scaling its Plenitude unit to expand solar and wind projects, electric mobility infrastructure, and retail green power offerings. Beyond renewables, Eni is investing in carbon capture and storage and bio-refining to reduce its overall emissions profile. This integrated approach aims to maintain cash flow from fossil fuels while diversifying into sustainable energy and circular economy projects.
