17 of 500
ENI
ENI
17
Financials: Latest Results
Rank: 17
Previous rank: 17
CEO: Paolo Scaroni
Employees: 77,838

The world’s seventh-largest oil company has invested heavily in expanding its operations in countries like Cyprus, Egypt, and Indonesia over the years. But more recently, ENI has set its sights on Northern Europe, a region abundant in energy-rich hydrocarbons, the same molecules found in crude oils. A deal finalized this June between Eni and Rosneft, Russia’s largest oil producer, should help. Under the joint venture, they will explore Russia’s Barents and Black Seas, as well as share technology and staff. For both parties, the upside may be huge: The area is estimated to contain 36 billion barrels of oil equivalent.

Headquarters:
Piazzale E. Mattei 1
Rome. 144
Italy
39-06-59821
Website: www.eni.com
Key financials
$ millions
% change from 2011
Revenues
167,905
9.3
Profits
10,009
4.9
Assets
184,075
Stockholder's equity
78,036
Profits as % of
Revenues
6
Assets
5.4
From the July 22, 2013 issue

Notes:
Figures prepared in accordance with International Accounting Standards.
Excise taxes have been deducted.
Includes revenues from discontinued operations.
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Companies are ranked by total revenues for their respective fiscal years ended on or before March 31, 2013. All companies on the list must publish financial data and report part or all of their figures to a government agency. Figures are as reported, and comparisons are with the prior year’s figures as originally reported for that year. Fortune does not restate the prior year’s figures for changes in accounting. More
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