Eni is reshaping its portfolio around natural gas, renewables, and low-carbon solutions as it targets net zero by 2050. The company is expanding renewable capacity through its Plenitude unit and pursuing carbon capture projects, while planning spin-offs of its low-carbon and infrastructure assets to improve capital allocation. Investors are watching how Eni balances legacy oil and gas cash flows with its transition goals. Eni's strategy includes major gas projects in North Africa and the Middle East to support European supply security, alongside growing solar and wind capacity in Italy and other markets. The company is also working on biofuels and circular economy initiatives through its Versalis unit. These moves place Eni among European integrated energy firms gradually rebalancing toward lower-carbon activities. The stock trades on Borsa Italiana in Milan and is part of the FTSE MIB index. Key metrics to watch include progress on renewable capacity targets, spin-off execution, and emissions reduction milestones. The article provides a solid overview for anyone tracking European oil majors' transition plans.
