Our annual ranking of the world's largest corporations

17 of 500
17. ENI
Financials: Latest Results
Rank: 17 (Previous rank: 23)
CEO: Paolo Scaroni
Employees: 78,686
Address: Piazzale E. Mattei 1
Rome, 144
Country: Italy
Website: www.eni.com

If there is one word to describe ENI’s recent deals, it would be “adventurous.” But for this under-the-radar Italian oil and gas giant, they could also prove to be big wins. It signed a production agreement with CNOOC, China’s largest offshore energy producer, which will essentially grant ENI access to nearly 2,000 square miles of deepwater block. Potentially even more lucrative: A partnership with Russia’s largest oil producer Rosneft will see the two companies explore offshore oil reserves in Russia’s Barents and Black Sea, an area estimated to contain a total of 36 billion barrels of oil equivalent (BOE). -- J.P.M.

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  $ millions % change from 2010
Revenues 153,675.5 16.6
Profits 9,538.5 14.0
Assets 185,585.5 --
Stockholders' equity 72,019.3 --
Profits as % of  
Revenues 6.2
Assets 5.1397
From the July 23, 2012 issue
Figures prepared in accordance with International Accounting Standards.
Excise taxes have been deducted.
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Rank # of Global 500 Companies
U.S. 132
China 73
Japan 68
Company 2011 Number of Employees
Wal-Mart Stores 2,200,000
China National Petroleum 1,668,072
State Grid 1,583,000
Company 2011 Profits
($ millions)
Gazprom $44,459.6
Exxon Mobil $41,060
Industrial & Commercial Bank of China $32,214.1
FAQ and methodology
All companies on the list must publish financial data and report part or all of their figures to a government agency. In the U.S., private companies and cooperatives... More
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