Eni (E) announced on Monday that the business branch of its refining evolution and transformation unit has been transferred to the new company Eni Industrial Evolution, effective January 1.
The company will manage refineries and depots in Europe and the Middle East, the company said.
Refinery production, as well as the reception, handling, storage, and delivery of products in refineries and depots, will be ensured through contracts between Eni and Eni Industrial Evolution, the company said.