Letter to shareholders

Letter to shareholders

In 2013 Eni faced challenging market conditions. Hydrocarbon production in our upstream segment was severely hit by disruptions in Libya and, to a lesser extent, in Nigeria and Algeria due to social unrest, internal conflicts and other geopolitical risks. In our mid-downstream businesses, the economic downturn and strong competition from alternative sources of energy drove a further decline in the consumption of gas and fuels, mainly in Italy.

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Profile of the year

Profile of the year

In 2013 Eni achieved solid results in a particularly difficult market. In spite of geopolitical factors in Libya, Nigeria and Algeria, the Exploration & Production Division delivered robust earnings and cash flow leveraging its cost leadership and extraordinary exploration successes. The mid-downstream businesses, which were impacted by the downturn and plunging demand in Europe and Italy, boosted their restructuring efforts achieving an impressive €2 billion improvement in cash generation.

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Interactive Analyst

Interactive Analyst

This tool allows you to process and display Eni's financial data online. You can create customized tables and graphs and compare or download the predefined selection for further use.

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Download Manager

Download Manager

The Download Manager allows you to create your own version of the Annual Report 2013. You can choose the chapters and sections of interest, add tables and download the documents as PDF or Excel file for further use.

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