Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Finance > Italy's Eni eyes new unit to manage oil refineries, unions say
    Finance

    Italy's Eni eyes new unit to manage oil refineries, unions say

    Published by Global Banking & Finance Review®

    Posted on June 20, 2025

    2 min read

    Last updated: January 23, 2026

    Italy's Eni eyes new unit to manage oil refineries, unions say - Finance news and analysis from Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:oil and gassustainabilityfinancial managementinvestment

    Quick Summary

    Eni plans to establish Eni Industrial Evolution to manage oil refineries and bio-refineries in Italy, involving around 2,000 employees.

    Italy's Eni eyes new unit to manage oil refineries, unions say

    MILAN (Reuters) -Eni intends to set up a new company focused on several assets including oil refineries and fuels storage facilities in Italy, two unions said after a meeting with the state-controlled energy group earlier this week.

    The new unit, which will likely be named Eni Industrial Evolution (EIE), could take onboard nearly 2,000 employees who work on the sites that will be included in it, the unions said.

    "EIE will take over the management of traditional refining, primary logistics and the conversion into bio-refineries of the Livorno and part of Sannazzaro plants," FEMCA CISL union said in a statement published on its website on Thursday.

    Eni declined to comment on the news from the unions, which was first reported by Italian daily Corriere della Sera.

    The state-controlled group has been splitting some of its operations into separate entities, or satellites, and has clinched deals with investors interested in these units.

    On the low-carbon front, Eni has created retail and renewable unit Plenitude, biofuel company Enilive and aims to set up a venture dedicated to carbon capture and storage by the end of this year.

    (Reporting by Francesca Landini; Editing by Toby Chopra)

    Key Takeaways

    • •Eni plans a new company for managing oil refineries.
    • •The unit may be named Eni Industrial Evolution.
    • •Nearly 2,000 employees could be involved.
    • •Focus includes traditional refining and bio-refineries.
    • •Eni is expanding its low-carbon initiatives.

    Frequently Asked Questions about Italy's Eni eyes new unit to manage oil refineries, unions say

    1What is Eni planning to establish?

    Eni intends to set up a new company focused on managing oil refineries and fuels storage facilities in Italy.

    2How many employees could be affected by this new unit?

    The new unit, likely named Eni Industrial Evolution, could take onboard nearly 2,000 employees who work at the included sites.

    3What operations will Eni Industrial Evolution manage?

    EIE will manage traditional refining, primary logistics, and the conversion into bio-refineries of the Livorno and part of Sannazzaro plants.

    4What has Eni been doing with its operations recently?

    Eni has been splitting some of its operations into separate entities and has secured deals with investors interested in these units.

    5What are Eni's initiatives in the low-carbon sector?

    Eni has created several units focused on low-carbon initiatives, including Plenitude for retail and renewable energy, and aims to establish a venture for carbon capture and storage.

    More from Finance

    Explore more articles in the Finance category

    Image for Russia launches massive attack on Ukraine's energy system, Zelenskiy says
    Russia launches massive attack on Ukraine's energy system, Zelenskiy says
    Image for Russia launched 400 drones, 40 missiles to hit Ukraine's energy sector, Zelenskiy says
    Russia launched 400 drones, 40 missiles to hit Ukraine's energy sector, Zelenskiy says
    Image for The Kyiv family, with its pets and pigs, defying Russia and the cold
    The Kyiv family, with its pets and pigs, defying Russia and the cold
    Image for Two Polish airports reopen after NATO jets activated over Russian strikes on Ukraine
    Two Polish airports reopen after NATO jets activated over Russian strikes on Ukraine
    Image for French miner Eramet's finance chief steps aside temporarily, days after CEO ouster
    French miner Eramet's finance chief steps aside temporarily, days after CEO ouster
    Image for Ukraine's Zelenskiy calls for faster action on air defence, repairs to grid
    Ukraine's Zelenskiy calls for faster action on air defence, repairs to grid
    Image for Goldman Sachs teams up with Anthropic to automate banking tasks with AI agents, CNBC reports
    Goldman Sachs teams up with Anthropic to automate banking tasks with AI agents, CNBC reports
    Image for Analysis-Hims' $49 weight-loss pill rattles investor case for cash-pay obesity market
    Analysis-Hims' $49 weight-loss pill rattles investor case for cash-pay obesity market
    Image for Analysis-Glencore to focus on short-term disposals as Rio deal remains elusive
    Analysis-Glencore to focus on short-term disposals as Rio deal remains elusive
    Image for Belgium's Agomab Therapeutics valued at $716 million as shares fall in Nasdaq debut
    Belgium's Agomab Therapeutics valued at $716 million as shares fall in Nasdaq debut
    Image for Big Tech's quarter in four charts: AI splurge and cloud growth
    Big Tech's quarter in four charts: AI splurge and cloud growth
    Image for EU hikes tariffs on Chinese ceramics to 79% to counter dumping 
    EU hikes tariffs on Chinese ceramics to 79% to counter dumping 
    View All Finance Posts
    Previous Finance PostHorseracing-Automatic betting terminals leave Ascot bookies all a flutter
    Next Finance PostUK's Unite says TotalEnergies offshore workers win boost to pay