Italy's Eni Eyes New Unit to Manage Oil Refineries, Unions Say
06.23.2025 By Tank Terminals - NEWS

June 23, 2025 [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.

 

TankTerminals.com is a market research platform with not only manager-level contact details but also logistical, operational, infrastructural and shipping data of more than +9,600 tank terminals and +6,000 production facilities worldwide.

 

Access data. Decide better. See how.

AI Loses Its Shine as Money Rotates Back Into Big Oil
02.10.2026 - NEWS
February 10, 2026 [Oil Price]- Big Tech plans to spend hundreds of billions on AI this year, the ... Read More
Shell’s Oil Reserves Have Dropped to Lowest Levels Since 2013
02.10.2026 - NEWS
February 10, 2026 [Oil Price]- British Oil and Gas giant Shell Plc. (NYSE:SHEL) needs an explor... Read More
China's LNG Imports Set to Recover in 2026 Though Not to 2024 Level
02.10.2026 - NEWS
February 10, 2026 [Reuters]- China’s liquefied natural gas imports are set to rise in 2026 ... Read More
Petredec and Carnot Engines Partner on Next-Generation Engines
02.10.2026 - NEWS
February 10, 2026 [Storage Terminals Magazine]- Petredec, a global leader in the liquefied petrol... Read More