CEO Claudio Descalzi outlines Eni's 2026-30 Plan and Strategic Outlook

LONDON - April 30, 2026 - PRLog -- "Eni's strategic cornerstone remains consistency – crucial amid the uncertain and volatile markets". These were the opening remarks delivered by CEO Claudio Descalzi during the official presentation of Eni's 2026-2030 Plan and Strategic Outlook to the international financial community. During the session, the CEO detailed several pillars of the Group's roadmap. First, he highlighted the consistency of Eni's strategy and its robust execution, which have collectively empowered the Group to meet its objectives. Furthermore, the CEO showcased the strongest portfolio of Exploration & Production (E&P) projects in Eni's history. This asset base provides visibility into an improved production growth outlook. In parallel, the expansion of Eni's Transition business models was emphasized as a key driver for securing value for shareholders and funding differentiated growth. To further facilitate efficient expansion specifically within Plenitude, a strategic deconsolidation plan is currently being implemented. Claudio Descalzi also reaffirmed that continued investment in both technology and human capital remains the bedrock of every business unit, serving as the engine for developing new market opportunities. Finally, an innovative financial model was introduced, centered on satellite companies capable of self-funding their own investment plans. This approach is set to improve the outlook for cash flow generation while maximizing capital discipline. Consequently, Eni has disclosed a raised free cash flow outlook alongside historically low gearing levels – a shift that enables the Group to enhance shareholder distribution.

During the presentation, Claudio Descalzi (https://www.linkedin.com/in/claudio-descalzi/) reiterated that Eni's strategic cornerstone remains consistency, a factor that is crucial amid today's uncertain markets. He also pointed out that the Group's industry-leading exploration, strong project delivery, innovative technology, and sound financial strategy "work together as connected and synergistic pillars that fund our growth, provide resilience and deliver highly attractive shareholder distributions. Execution of the strategy gave rise to an exceptional level of performance in 2025 – an important proof point moving forward". The CEO further noted that within the E&P segment, Eni has constructed – primarily through organic growth and sector leading exploration – the most robust portfolio in the Group's history. He stated that Eni is set to achieve top-tier production increases driven by an exceptional array of development projects. This varied asset base strengthens energy reliability while simultaneously reducing emissions profile. Summarizing the outlook, Claudio Descalzi noted that Eni's unique, self-financing transition businesses are attracting major investment, adding resilience and shareholder value.