Eni CEO: Oil Prices Could Reach $100, But Not for Long

The video discusses the trends in oil prices and the investment gap in the energy sector, highlighting the need for increased investment in both traditional and renewable energy sources. It covers financial strategies, including the use of surplus cash for R&D and maintaining a strong balance sheet. The transition to renewable energy is explored, with a focus on biorefineries and hydrogen development. The video also provides updates on various global projects and the company's approach to handling legacy assets while embracing new technologies.

What is one of the main reasons for the strong oil prices discussed in the video?

• Increased global demand

• Weak supply

• Government subsidies

• High investment in the sector

What is the company's priority in terms of capital allocation?

• Increasing dividends

• Maintaining a strong balance sheet

• Developing new technologies

• Expanding into new markets

What is the company's approach to handling legacy assets?

• Ignoring them

• Integrating them with renewable energy

• Converting them to biorefineries

• Selling them off

Which country is NOT mentioned as a location for the company's projects?

• Mozambique

• Indonesia

• Brazil

• Egypt

What is the company's plan for biorefineries?

• To stop biorefinery projects

• To focus solely on traditional refineries

• To expand them globally, especially in Africa

• To build them only in Europe

What is the current demand for hydrogen primarily driven by?

• Residential heating

• Refineries and ammonia chemicals

• Transportation

• Electricity generation

What is the company considering as part of its restructuring?

• Merging with another company

• Expanding into new industries

• Launching an IPO

• Shutting down operations