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Investments (Tables)
12 Months Ended
Dec. 31, 2017
Investments  
Disclosure of investments accounted for using equity method [text block]

Equity-accounted investments

    2017   2016
(€ million)  

Investments in

unconsolidated

entities

controlled

by Eni

 

Joint

ventures

  Associates   Total  

Investments

in unconsolidated

entities

controlled

by Eni

 

Joint

ventures

  Associates   Total
Book amount at the beginning of the year     168       2,675       1,197       4,040       175       1,275       1,403       2,853  
Additions and subscriptions             63       444       507       8       1,085       63       1,156  
Divestments and reimbursements                     (462 )     (462 )                     (138 )     (138 )
Share of profit of equity-accounted investments     9       49       66       124       10       50       17       77  
Share of loss of equity-accounted investments     (7 )     (340 )     (6 )     (353 )     (8 )     (208 )     (154 )     (370 )
Deduction for dividends     (32 )     (41 )     (13 )     (86 )     (2 )     (45 )     (53 )     (100 )
Changes in the scope of consolidation     2                       2       5       564               569  
Currency translation differences     (13 )     (127 )     (128 )     (268 )     5       12       29       46  
Other changes     (11 )     53       (35 )     7       (25 )     (58 )     30       (53 )
Book amount at the end of the year     116       2,332       1,063       3,511       168       2,675       1,197       4,040  

Disclosure of detailed information about entity wise share of profit of equity-accounted investments [text block]

Eni’s share of profit of equity-accounted investments and deductions for dividends pertained to the following entities:

    2017   2016
(€ million)  

Share of

profit of equity-

accounted

investments

 

Deduction for

dividends

  % of the
investment
 

Share of

profit of equity-

accounted

investments

 

Deduction for

dividends

  % of the
investment
Angola LNG Ltd     45               13.60                          
Eni BTC Ltd             27       100.00       6               100.00  
PetroJunín SA     26               40.00       30               40.00  
Unimar Llc     3       24       50.00               16       50.00  
United Gas Derivatives Co     16       12       33.33       14       14       33.33  
Gas Distribution Company of Thessaloniki – Thessaly SA     9       12       49.00       10       10       49.00  
PetroSucre SA                                     30       26.00  
Other investments     25       11               17       30          
      124       86               77       100          

Disclosure of detailed information about entity wise share of loss of equity-accounted investments [text block]

Eni’s share of losses of equity-accounted investments related to the following entities:

    2017   2016
(€ million)  

Share of

loss of equity-

accounted

investments

  % of the
investment
 

Share of

loss of equity-

accounted

investments

  % of the
investment
Cardón IV SA     184       50.00       20       50.00  
Saipem SpA     101       31.00       144       30.76  
Unión Fenosa Gas SA     28       50.00               50.00  
Matrìca SpA     17       50.00       4       50.00  
PetroSucre SA                     92       26.00  
Angola LNG Ltd                     62       13.60  
PetroBicentenario SA                     26       40.00  
Other investments     23               22          
      353               370          

Disclosure of detailed information about entity wise equity-accounted investments [text block]

The net carrying amount of equity-accounted investments was related to the following entities:

    December 31, 2017   December 31, 2016
(€ million)  

Net carrying

amount

 

Number of

shares held

  % of the
investment
 

Net carrying

amount

 

Number of

shares held

  % of the
investment
Investments in unconsolidated entities controlled by Eni                                                
Eni BTC Ltd     63       34,000,000       100.00       106       34,000,000       100.00  
Other investments (*)     53                       62                  
      116                       168                  
Joint ventures                                                
Saipem SpA     1,413       308,767,968       31.00       1,497       3,087,679,689       30.76  
Unión Fenosa Gas SA     350       273,100       50.00       434       273,100       50.00  
PetroJunín SA     210       96,084,000       40.00       211       96,084,000       40.00  
Gas Distribution Company of Thessaloniki – Thessaly SA     137       121,092,526       49.00       150       130,491,508       49.00  
Lotte Versalis Elastomers Co Ltd     114       30,179,999       50.00       74       19,200,000       50.00  
AET – Raffineriebeteiligungsgesellschaft mbH     32       1       33.33                          
Cardón IV SA                             197       8,605       50.00  
Unimar Llc                             42       50       50.00  
Other investments (*)     76                       70                  
      2,332                       2,675                  
Associates                                                
Angola LNG Ltd     802       1,483,352,000       13.60       916       1.551.760.000       13.60  
United Gas Derivatives Co     82       2,600,000       33.33       117       950,000       33.33  
Novamont SpA     71       6,667       25.00       77       6,667       25.00  
Coral FLNG SA     54       2,500,000       25.00                          
AET – Raffineriebeteiligungsgesellschaft mbH                             34       1       33.33  
Other investments (*)     54                       53                  
      1,063                       1,197                  
      3,511                       4,040                  
  _________  
  (*) Each individual amount included herein was lower than €25 million.

Disclosure of detailed information about the market value of the investments listed in stock markets [text block]

As of December 31, 2017, the market value of the investments listed in stock markets was as follows:

    Number of
shares held
  % of the
investment
  Share price
(€)
  Market value
(€ million)
Saipem SpA     308,767,968       31.00       3.806       1,175  

Disclosure of detailed information about entity wise provisions for losses related to equity-accounted investments [text block]

The table below sets out the provisions for losses included in the provisions for contingencies of €182 million (€151 million at December 31, 2016), primarily related to the following equity-accounted investments:

(€ million)  

December 31,

2017

 

December 31,

2016

Industria Siciliana Acido Fosforico – ISAF – SpA (in liquidation)     95       95  
Matrìca SpA     38          
VIC CBM Ltd     30       34  
PetroBicentenario SA     12       6  
Société Centrale Eletrique du Congo SA     6       7  
Other investments     1       9  
      182       151  

Disclosure of investments other than investments accounted for using equity method [text block]

Other investments

    2017   2016    
(€ million)  

Investments in

unconsolidated

entities

controlled

by Eni

  Associates  

Other

investments -

valued

at cost

  Total  

Investments in

unconsolidated

entities

controlled

by Eni

  Associates  

Other

investments -

valued at

fair value

 

Other

investments -

valued

at cost

  Total
Net book amount at the beginning of the year     29       10       237       276       25       10       368       257       660  
Additions and subscriptions                     3       3       5       3                       8  
Divestments and reimbursements     (6 )             (13 )     (19 )                     (368 )     (31 )     (399 )
Currency translation differences             (1 )     (22 )     (23 )             (2 )             6       4  
Other changes     (9 )     (4 )     (5 )     (18 )     (1 )     (1 )             5       3  
Value at the end of the year     14       5       200       219       29       10               237       276  
Gross book amount at the end of the year     15       5       207       227       30       10               240       280  
Accumulated impairment charges     1               7       8       1                       3       4  

Disclosure of detailed information about entity wise other investments [text block]

The net carrying amount of other investments of  €219 million (€276 million at December 31, 2016) was related to the following entities:

    December 31, 2017   December 31, 2016
(€ million)  

Net carrying

amount

 

Number of

shares held

  % of the
investment
 

Net carrying

amount

 

Number of

shares held

  % of the
investment
Investments in unconsolidated entities controlled by Eni (*)     14                       29                  
Associates     5                       10                  
Other investments:                                                
- Nigeria LNG Ltd     99       118,373       10.40       112       118,373       10.40  
- Darwin LNG Pty Ltd     32       213,995,164       10.99       49       213,995,164       10.99  
- other (*)     69                       76                  
      200                       237                  
      219                       276                  
  __________  
  (*) Each individual amount included herein was lower than €25 million.