Eni spins off refineries

The transaction, which entails the optimisation of management and the simplification and acceleration of processes characterising the businesses involved, is part of Eni’s strategy to ensure a fully decarbonised energy offering both in production processes and to consumers, seizing the opportunities and growth prospects offered by the energy transition.

As of 1 January 2026, the scope of Eni Industrial Evolution includes the refineries of Sannazzaro de’ Burgondi (Pavia) and Taranto, the stake in the Milazzo Refinery joint venture and the Livorno refinery, the Robassomero plant, the Research Center South in San Filippo del Mela, primary logistics assets – namely depots and pipelines – and shareholdings in Ecofuel S.p.A. and Costiero Gas Livorno S.p.A.

The corporate operation aims to develop new supply chains in the field of industrial transformation, enhancing people’s expertise and the technologies developed in downstream activities, to ensure a future based on environmental, social and economic sustainability. Processing activities of raw materials and semi-finished products in the refineries, as well as the reception, handling, storage and delivery of products in refineries and depots, will be ensured through contracts between Eni and Eni Industrial Evolution, to which licenses and authorisations, including customs ones, will be transferred.

The Chairman and Chief Executive Officer of Eni Industrial Evolution is Umberto Carrara.

Read the article online at: https://www.hydrocarbonengineering.com/refining/06012026/eni-spins-off-refineries/