Enefit is an energy company based in Estonia that specializes in oil shale-based energy production. Founded in 1993, the company is a subsidiary of Eesti Energia, the largest energy company in Estonia. Enefit operates its headquarters in Narva, a city located in northeastern Estonia.

The main product offered by Enefit is oil shale, a type of sedimentary rock that can be processed to produce shale oil and gas. The company extracts and processes oil shale in its four mines located in northeast Estonia. The processed shale oil is then used for electricity and heat production, as well as for transportation fuel.

Enefit also offers technology solutions and engineering services related to oil shale-based energy production. On a global scale, Enefit has expanded its operations through various subsidiaries, joint ventures, and partnerships. Notably, the company has a subsidiary called Enefit American Oil, which focuses on the development of oil shale resources in the United States.

Additionally, Enefit has partnered with several international companies to explore and develop oil shale projects in Jordan and Israel. In terms of market position, Enefit is a key player in the oil shale industry. The company has a significant market share in Estonia and is recognized as a pioneer in oil shale-based energy production.

Enefit has faced competition from other energy companies in the global market, particularly those involved in renewable energy sources. However, the company has continued to innovate and invest in research and development to maintain its competitive edge. In recent years, Enefit has undergone several significant changes to drive its growth.

The company has expanded its international presence through partnerships and investments in oil shale projects abroad. Furthermore, Enefit has been actively exploring and integrating renewable energy sources into its portfolio to diversify its energy mix. Currently, Enefit continues to evolve as a leading energy company.

It is committed to developing sustainable and efficient solutions for energy production, focusing on reducing carbon emissions and promoting environmental responsibility. The company keeps up with the latest technological advancements and market trends to remain a key player in the global energy sector