Eni has transferred the business branch of its Refining Evolution & Transformation unit to a newly established company, Eni Industrial Evolution S.p.A., effective 1 January 2026, as part of its broader industrial transformation and decarbonisation strategy.
The new entity will be responsible for managing Eni’s traditional downstream assets—primarily refineries and depots—in Europe and the Middle East, while advancing industrial transformation with a focus on circular economy principles and the development of new industrial supply chains.
Eni said the transaction is intended to streamline management, simplify organisational structures and accelerate decision-making across the affected businesses. The move aligns with the group’s strategy to deliver a fully decarbonised energy offering, both in its production processes and for end-consumers, while capturing growth opportunities linked to the energy transition.
From 1 January, the scope of Eni Industrial Evolution will include the refineries at Sannazzaro de’ Burgondi (Pavia) and Taranto, Eni’s stake in the Milazzo refinery joint venture, the Livorno refinery, the Robassomero plant, the Research Centre South in San Filippo del Mela, and key logistics assets such as depots and pipelines. The company will also hold shareholdings in Ecofuel S.p.A. and Costiero Gas Livorno S.p.A.
According to Eni, the corporate restructuring is designed to support the development of new industrial transformation supply chains, leveraging workforce expertise and downstream technologies to underpin environmental, social and economic sustainability. Refining operations and logistics activities—including the processing of raw and semi-finished materials, as well as the reception, storage and delivery of products—will continue under contractual arrangements between Eni and Eni Industrial Evolution, alongside the transfer of relevant licences and authorisations, including customs approvals.
