ENI meaning in International ?

Answer: What is Ente Nazionale Idrocarburi mean?

Eni S.p.A. (Italian pronunciation: [ˈɛːni]) is an Italian multinational oil and gas company headquartered in Rome. Considered one of the seven "supermajor" oil companies in the world, it has operations in 66 countries with a market capitalization of US$36.08 billion, as of 31 December 2020. The Italian government owns a 30.33% golden share in the company, 4.37% held through the state treasury and 25.96% through the Cassa Depositi e Prestiti. The company is a component of the Euro Stoxx 50 stock market index.

The name "ENI" was initially the acronym of "Ente Nazionale Idrocarburi" (National Hydrocarbons Board). Through the years after its foundation however, it operated in many fields including contracting, nuclear power, energy, mining, chemicals and plastics, refining/extraction and distribution machinery, hospitality industry and even the textile industry and news.

In 2020, Eni ranked 113 on the Fortune Global 500 list by revenue and 24th in the energy sector. In the 2020 Forbes Global 2000, Eni was ranked as the 468th -largest public company in the world.

reference

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