Q2 2020 Eni SpA Earnings Call and Strategy Update Transcript

Feb 10, 2024

Jul 30, 2020 / 07:00AM GMT
Operator

Good morning, and welcome to the Eni's 2020 Strategy Update and First Half Results Conference Call and Q&A session hosted by Mr. Claudio Descalzi, Eni's CEO and top management. (Operator Instructions) I am now handing you over to your host to begin today's conference call. Thank you.

Claudio Descalzi - Eni S.p.A. - CEO, GM & Director

Good morning, and welcome to Eni's strategy update and first half results. In February, we communicated a strategic road map towards 2050 that will take our company through the energy transition. In line with this strategy, in June, we announced the new organization, creating 2 new integrated business groups. Natural resources we'll develop the upstream oil and gas portfolio sustainably, promoting energy efficiency and carbon capture. The business group will be integrated along the gas value chain from exploration to development to wholesale via pipeline or LNG, leveraging our technical and commercial competencies.

In addition, this business will lead CCUS, Forestry, sustainability, environmental. Remediation, key

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