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Guarantees, commitments and risks (Tables) | 12 Months Ended
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Dec. 31, 2017
Guarantees Commitments And Risks |
Disclosure of detailed information about guarantees [text block] | Guarantees
|  | December 31, 2017 |  | December 31, 2016
(€ million) |  | Unsecured guarantees |  | Other guarantees |  | Total |  | Unsecured guarantees |  | Other guarantees |  | Total
Consolidated subsidiaries |  |  |  |  |  |  | 5,594 |  |  |  | 5,594 |  |  |  |  |  |  |  | 5,868 |  |  |  | 5,868 |
Unconsolidated subsidiaries |  |  |  |  |  |  | 181 |  |  |  | 181 |  |  |  |  |  |  |  | 246 |  |  |  | 246 |
Consolidated joint operations |  |  |  |  |  |  | 1 |  |  |  | 1 |  |  |  |  |  |  |  | 1 |  |  |  | 1 |
Joint ventures and associates |  |  | 6,124 |  |  |  | 3,922 |  |  |  | 10,046 |  |  |  | 6,124 |  |  |  | 2,112 |  |  |  | 8,236 |
Others |  |  |  |  |  |  | 352 |  |  |  | 352 |  |  |  |  |  |  |  | 202 |  |  |  | 202 |
|  |  | 6,124 |  |  |  | 10,050 |  |  |  | 16,174 |  |  |  | 6,124 |  |  |  | 8,429 |  |  |  | 14,553 |
Disclosure of detailed information about commitments and risks [text block] | Commitments and risks
(€ million) |  | December 31, 2017 |  | December 31, 2016
Commitments |  |  | 14,498 |  |  |  | 20,682 |
Risks |  |  | 691 |  |  |  | 605 |
|  |  | 15,189 |  |  |  | 21,287 |
Disclosure of detailed information about value at risk - parametric method variance/covariance [text block] | The following table shows amounts in terms of VaR, recorded in 2017 (compared with 2016) relating to interest rate and exchange rate risks in the first section and commodity risk. Regarding the management of strategic liquidity, the sensitivity to change of interest rates is expressed by the values of  “Dollar Value per Basis Point” (DVBP). (Value at risk — parametric method variance/covariance; holding period: 20 days; confidence level: 99%)
|  | 2017 |  | 2016
(€ million) |  | High |  | Low |  | Average |  | At year end |  | High |  | Low |  | Average |  | At year end
Interest rate(a) |  |  | 3.76 |  |  |  | 1.72 |  |  |  | 2.38 |  |  |  | 2.58 |  |  |  | 5.27 |  |  |  | 2.55 |  |  |  | 3.62 |  |  |  | 3.42 |
Exchange rate(a) |  |  | 0.57 |  |  |  | 0.08 |  |  |  | 0.22 |  |  |  | 0.26 |  |  |  | 0.34 |  |  |  | 0.04 |  |  |  | 0.14 |  |  |  | 0.17 |
________
| (a) | Value at risk deriving from interest and exchange rates exposures include the following finance department: Eni Corporate Treasury Department, Eni Finance International SA, Banque Eni SA and Eni Finance USA Inc.
Disclosure of detailed information about value at risk - Historic simulation weighted method [text block] | (Value at risk — Historic simulation weighted method; holding period: 1 day; confidence level: 95%)
|  | 2017 |  | 2016
(€ million) |  | High |  | Low |  | Average |  | At year end |  | High |  | Low |  | Average |  | At year end
Commercial exposures - Management Portfolio(a) |  |  | 21.14 |  |  |  | 5.15 |  |  |  | 12.24 |  |  |  | 5.15 |  |  |  | 19.03 |  |  |  | 4.23 |  |  |  | 10.24 |  |  |  | 9.41 |
Trading(b) |  |  | 2.29 |  |  |  | 0.21 |  |  |  | 0.79 |  |  |  | 0.66 |  |  |  | 2.58 |  |  |  | 0.27 |  |  |  | 0.87 |  |  |  | 1.35 |
________
| (a) | Refers to the Gas & LNG Marketing Power business line (risk exposure from Refining & Marketing business line and Gas & Power Division), Eni Trading & Shipping commercial portfolio, operating branches outside Italy pertaining to the Divisions and from October 2016 the Gas and Luce Business line. For the gas&power business lines, following the approval of the Eni’s Board of Directors on December 12, 2013, VaR is calculated on the so-called Statutory view, with a time horizon that coincides with the year considering all the volumes delivered in the year and the relevant financial hedging derivatives. Consequently, in the year the VaR pertaining to GLP and EGL presents a decreasing trend following the progressive reaching of the maturity of the positions within the annual horizon.
| (b) | Cross-commodity proprietary trading, both for commodity contracts and financial derivatives, refers to Eni Trading & Shipping SpA (London-Bruxelles-Singapore) and Eni Trading & Shipping Inc (Houston).
Disclosure of detailed information about maturity analysis for finance debt repayments including interest charges and derivatives [text block] | The table below summarizes the Group main contractual obligations for finance liability repayments, including expected payments for interest charges and derivatives.
|  | Maturity year
(€ million) |  | 2018 |  | 2019 |  | 2020 |  | 2021 |  | 2022 |  | 2023 and thereafter |  | Total
December 31, 2017 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Non-current financial liabilities |  |  | 2,000 |  |  |  | 4,084 |  |  |  | 2,857 |  |  |  | 1,279 |  |  |  | 1,246 |  |  |  | 10,810 |  |  |  | 22,276 |
Current financial liabilities |  |  | 2,242 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2,242 |
Fair value of derivative instruments |  |  | 1,011 |  |  |  | 64 |  |  |  | 10 |  |  |  | 1 |  |  |  | 16 |  |  |  |  |  |  |  | 1,102 |
|  |  | 5,253 |  |  |  | 4,148 |  |  |  | 2,867 |  |  |  | 1,280 |  |  |  | 1,262 |  |  |  | 10,810 |  |  |  | 25,620 |
Interest on finance debt |  |  | 582 |  |  |  | 511 |  |  |  | 411 |  |  |  | 304 |  |  |  | 250 |  |  |  | 1,455 |  |  |  | 3,513 |
Financial guarantees |  |  | 473 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 473 |
|  | Maturity year
(€ million) |  | 2017 |  | 2018 |  | 2019 |  | 2020 |  | 2021 |  | 2022 and thereafter |  | Total
December 31, 2016 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Non-current financial liabilities |  |  | 2,988 |  |  |  | 2,090 |  |  |  | 4,044 |  |  |  | 2,914 |  |  |  | 1,285 |  |  |  | 10,332 |  |  |  | 23,653 |
Current financial liabilities |  |  | 3,396 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3,396 |
Fair value of derivative instruments |  |  | 2,108 |  |  |  | 36 |  |  |  | 76 |  |  |  |  |  |  |  | 46 |  |  |  | 3 |  |  |  | 2,269 |
|  |  | 8,492 |  |  |  | 2,126 |  |  |  | 4,120 |  |  |  | 2,914 |  |  |  | 1,331 |  |  |  | 10,335 |  |  |  | 29,318 |
Interest on finance debt |  |  | 696 |  |  |  | 557 |  |  |  | 486 |  |  |  | 386 |  |  |  | 277 |  |  |  | 1,605 |  |  |  | 4,007 |
Financial guarantees |  |  | 84 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 84 |
Disclosure of detailed information about group trade and other payables by maturity [text block] | Trade and other payables The table below summarizes the Group trade and other payables by maturity.
|  | Maturity year
(€ million) |  | 2018 |  | 2019 – 2022 |  | 2023 and thereafter |  | Total
December 31, 2017 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Trade payables |  |  | 10,890 |  |  |  |  |  |  |  |  |  |  |  | 10,890 |
Other payables and advances |  |  | 5,858 |  |  |  | 19 |  |  |  | 26 |  |  |  | 5,903 |
|  |  | 16,748 |  |  |  | 19 |  |  |  | 26 |  |  |  | 16,793 |
|  | Maturity year
(€ million) |  | 2017 |  | 2018 – 2021 |  | 2022 and thereafter |  | Total
December 31, 2016 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Trade payables |  |  | 11,038 |  |  |  |  |  |  |  |  |  |  |  | 11,038 |
Other payables and advances |  |  | 5,665 |  |  |  | 29 |  |  |  | 22 |  |  |  | 5,716 |
|  |  | 16,703 |  |  |  | 29 |  |  |  | 22 |  |  |  | 16,754 |
Disclosure of detailed information about expected payments by period under contractual obligations [text block] | The table below summarizes the Group principal contractual obligations as of the balance sheet date, shown on an undiscounted basis.
|  | Maturity year
(€ million) |  | 2018 |  | 2019 |  | 2020 |  | 2021 |  | 2022 |  | 2023 and thereafter |  | Total
Operating lease obligations(a) |  |  | 883 |  |  |  | 525 |  |  |  | 485 |  |  |  | 371 |  |  |  | 329 |  |  |  | 1,939 |  |  |  | 4,532 |
Decommissioning liabilities(b) |  |  | 348 |  |  |  | 411 |  |  |  | 398 |  |  |  | 375 |  |  |  | 207 |  |  |  | 13,047 |  |  |  | 14,786 |
Environmental liabilities |  |  | 317 |  |  |  | 311 |  |  |  | 282 |  |  |  | 228 |  |  |  | 178 |  |  |  | 1,357 |  |  |  | 2,673 |
Purchase obligations(c) |  |  | 10,989 |  |  |  | 9,862 |  |  |  | 8,223 |  |  |  | 8,233 |  |  |  | 8,071 |  |  |  | 62,452 |  |  |  | 107,830 |
- Gas |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
- take-or-pay contracts |  |  | 8,644 |  |  |  | 8,708 |  |  |  | 7,452 |  |  |  | 7,542 |  |  |  | 7,553 |  |  |  | 60,345 |  |  |  | 100,244 |
- ship-or-pay contracts |  |  | 1,272 |  |  |  | 760 |  |  |  | 516 |  |  |  | 468 |  |  |  | 380 |  |  |  | 1,291 |  |  |  | 4,687 |
- Other ship-or-pay obligations |  |  | 110 |  |  |  | 99 |  |  |  | 87 |  |  |  | 73 |  |  |  | 59 |  |  |  | 161 |  |  |  | 589 |
- Other purchase obligations(d) |  |  | 963 |  |  |  | 295 |  |  |  | 168 |  |  |  | 150 |  |  |  | 79 |  |  |  | 655 |  |  |  | 2,310 |
Other obligations |  |  | 11 |  |  |  | 3 |  |  |  | 2 |  |  |  | 2 |  |  |  | 2 |  |  |  | 108 |  |  |  | 128 |
- Memorandum of intent relating Val d’Agri |  |  | 11 |  |  |  | 3 |  |  |  | 2 |  |  |  | 2 |  |  |  | 2 |  |  |  | 108 |  |  |  | 128 |
|  |  | 12,548 |  |  |  | 11,112 |  |  |  | 9,390 |  |  |  | 9,209 |  |  |  | 8,787 |  |  |  | 78,903 |  |  |  | 129,949 |
_________
| (a) | Operating leases primarily regarded assets for drilling activities, time charter and long term rentals of vessels, lands, service stations and office buildings. Such leases generally did not include renewal options. There are no significant restrictions provided by these operating leases which limit the ability of the Company to pay dividend, use assets or to take on new borrowings.
| (b) | Represents the estimated future costs for the decommissioning of oil and natural gas production facilities at the end of the producing lives of fields, well-plugging, abandonment and site restoration.
| (c) | Represents any agreement to purchase goods or services that is enforceable and legally binding and that specifies all significant terms.
| (d) | Mainly refers to arrangements to purchase capacity entitlements at certain regasification facilities in the U.S. (€948 million).
Disclosure of committed projects [text block] | The amounts shown in the table below include committed expenditures to execute certain environmental projects.
|  | Maturity year
(€ million) |  | 2018 |  | 2019 |  | 2020 |  | 2021 |  | 2022 and thereafter |  | Total
Committed projects |  |  | 6,309 |  |  |  | 5,688 |  |  |  | 4,717 |  |  |  | 3,375 |  |  |  | 3,770 |  |  |  | 23,859 |
Disclosure of detailed information about other information about financial instruments [text block] | The carrying amount of financial instruments and the relevant economic and equity effect consisted of the following:
|  | 2017 |  | 2016
|  |  |  | Finance income (expense) recognized in |  |  |  | Finance income (expense) recognized in
(€ million) |  | Carrying amount |  | Profit and loss account |  | Other comprehensive income |  | Carrying amount |  | Profit and loss account |  | Other comprehensive income
Held-for-trading financial instruments |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Securities(a) |  |  | 6,012 |  |  |  | (111 | ) |  |  |  |  |  |  | 6,166 |  |  |  | (21 | ) |  |  |  |
Non-hedging and trading derivatives(b) |  |  | 209 |  |  |  | 793 |  |  |  |  |  |  |  | 87 |  |  |  | (465 | ) |  |  |  |
Held-to-maturity financial instruments |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Securities(a) |  |  | 73 |  |  |  |  |  |  |  |  |  |  |  | 75 |  |  |  |  |  |  |  |  |
Available-for-sale financial instruments |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Securities(a) |  |  | 207 |  |  |  | 9 |  |  |  | (4 | ) |  |  | 238 |  |  |  | 9 |  |  |  | (4 | )
Receivables and payables and other assets/liabilities valued at amortized cost |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Trade receivables and other(c) |  |  | 15,583 |  |  |  | (958 | ) |  |  |  |  |  |  | 17,324 |  |  |  | (1,116 | ) |  |  |  |
Financing receivables(a) |  |  | 1,918 |  |  |  | (116 | ) |  |  |  |  |  |  | 2,328 |  |  |  | 128 |  |  |  |  |
Trade payables and other(d) |  |  | 16,793 |  |  |  | (51 | ) |  |  |  |  |  |  | 16,754 |  |  |  | 287 |  |  |  |  |
Financing payables(a) |  |  | 24,707 |  |  |  | (1,137 | ) |  |  |  |  |  |  | 27,239 |  |  |  | (291 | ) |  |  |  |
Net assets (liabilities) for hedging derivatives (e) |  |  |  |  |  |  | (42 | ) |  |  | (6 | ) |  |  |  |  |  |  | (524 | ) |  |  | 883 |
________
| (a) | Income or expense were recognized in the profit and loss account within “Finance income (expense)”.
| (b) | In the profit and loss account, economic effects were recognized as loss within “Other operating income (loss)” for €44 million (income for €17 million in 2016) and as income within “Finance income (expense)” for €837 million (loss for €482 million in 2016).
| (c) | In the profit and loss account, economic effects were essentially recognized as expense within “Purchase, services and other” for €933 million (expense for €840 million in 2016) (impairments net of reversal) and as expense for €25 million within “Finance income (expense)” (expense for €276 million in 2016) (exchange rate differences at year-end and amortized cost).
| (d) | In the profit and loss account, exchange differences arising from accounts denominated in foreign currency and translated into euro at year-end were primarily recognized within “Finance income (expense)”.
| (e) | In the profit and loss account, income or expense were recognized within “Net sales from operations” and “Purchase, services and other” as expense for €54 million (expense for €523 million in 2016) and as income within “Finance income (expense)” for €12 million (expense for €1 million in 2016) (time value component).
Disclosure of off setting of financial assets and financial liabilities [text block] | The table below summarizes the disclosures about the offsetting of financial instruments.
(€ million) |  | Gross amount of financial assets and liabilities |  | Gross amount of financial assets and liabilities subject to offsetting |  | Net amount of financial assets and liabilities
December 31, 2017 |  |  |  |  |  |  |  |  |  |  |  |
Financial assets |  |  |  |  |  |  |  |  |  |  |  |
Trade and other receivables |  |  | 16,952 |  |  |  | 1,215 |  |  |  | 15,737 |
Other current assets |  |  | 2,852 |  |  |  | 1,279 |  |  |  | 1,573 |
Financial liabilities |  |  |  |  |  |  |  |  |  |  |  |
Trade and other liabilities |  |  | 17,963 |  |  |  | 1,215 |  |  |  | 16,748 |
Other current liabilities |  |  | 2,794 |  |  |  | 1,279 |  |  |  | 1,515 |
December 31, 2016 |  |  |  |  |  |  |  |  |  |  |  |
Financial assets |  |  |  |  |  |  |  |  |  |  |  |
Trade and other receivables |  |  | 18,489 |  |  |  | 896 |  |  |  | 17,593 |
Other current assets |  |  | 3,872 |  |  |  | 1,281 |  |  |  | 2,591 |
Financial liabilities |  |  |  |  |  |  |  |  |  |  |  |
Trade and other liabilities |  |  | 17,599 |  |  |  | 896 |  |  |  | 16,703 |
Other current liabilities |  |  | 3,880 |  |  |  | 1,281 |  |  |  | 2,599 |

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