Chief Executive Officer (Eni S.p.A.)

Energy Intelligence and the International Herald Tribune announced
that Paolo Scaroni, Chief Executive Officer of Eni, will be honored as the
recipient of the Petroleum Executive of the Year Award for 2008. Scaroni
was chosen by his peers in a confidential annual selection process. This unique industry leadership award will be presented to him at a special banquet at The Dorchester hotel in London on October 28th, the centerpiece of the annual Oil & Money Conference, convened by Energy Intelligence and the International Herald Tribune.

"The process by which the winner of this award is selected is particularly noteworthy and assures that the selection is fully representative of the views of the industry," says Raja W. Sidawi, Chairman of Energy Intelligence. Nominations for the award were solicited from the chief executives and other senior managers of over 100 of the world's largest oil and gas firms, as they appear in the annual rankings by Petroleum Intelligence Weekly. The nominations were then reviewed by the previous winners of the award, who made the selection.