Eni Caps Fuel Prices to Combat Rising Italian Costs
Eni implemented a 30-day price cap on petrol and diesel starting September 28 to support Italian consumers amid shrinking European refining capacity and geopolitical instability.
Energy provider Eni implemented a 30-day price cap on fuels sold through its Enilive stations effective September 28, 2026. The measure limits petrol prices to €1.99 per liter and diesel to €2.19 per liter, reducing costs by approximately 17 centimes compared to current average levels. The company described the move as a "gesture of solidarity" for households and businesses facing soaring costs driven by geopolitical crises and a decline in European refining capacity, noting that nearly 30 refineries have closed across Europe over the last 15 years.
The initiative coincides with a decision by the Italian government to halve diesel duties from 12.2 cents to 6.1 cents per liter. According to the consumer association Adusbef, the price cap will result in average savings of 9.35 euros for a full tank of diesel and 8.45 euros for petrol. Regional benefits vary, with the highest diesel savings expected in Bolzano and the highest petrol savings in Calabria and Friuli Venezia Giulia.
Eni stated it has partially absorbed international price increases since March and may extend the price cap through the end of the year depending on market trends. To preserve domestic refining capacity while transitioning to lower-carbon fuels, the company is investing in biorefineries in Venice and Gela and transforming its industrial site in Livorno.
