Eni evaluates return to oil and gas trading to match rivals
Energy giant Eni is exploring a return to oil and gas trading to capture profits seen by rivals. CEO Claudio Descalzi aims to leverage market price volatility.
Insights:
Eni S.p.A. , the major energy company headquartered in Italy
IT, is weighing a strategic return to the oil and gas trading business. CEO Claudio Descalzi disclosed in an interview with the Financial Times on February 18, 2026, that the company is currently evaluating a re-entry into the sector it exited in 2019. The move is currently under discussion as the firm seeks to capitalize on market conditions that have proven highly profitable for its industry peers.








