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Eni buys Italian onshore wind portfolio

Clean energy fund manager Glennmont Partners and PGGM Infrastructure Fund have agreed on the sale of one of the largest Italian onshore wind project portfolio to Eni.

read more... 13/07/2021

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Daily (25.06.2021): Brent crude hovers at its highest level since October amid signs of strengthening demand

Oil prices ended modestly higher on Thursday, with Brent crude extending its rise to the highest price since October 2018 amid signs of strengthening demand and accelerating German economic activity. WTI crude was supported by drawdowns in U.S. inventories. Hence, Brent crude inched 0.5% higher at $75.56 a barrel. U.S. WTI crude rose by 0.5% to $73.30 a barrel.

read more... 25/06/2021

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Campaigners ring alarm over EU funding for gas projects through the back door

The European Commission last week published an updated methodology to assess which gas infrastructure projects will be eligible to receive EU funding, triggering warnings by environmental groups and a senior member of the European Parliament.

read more... 21/06/2021

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Daily (08.06.2021): British gas prices gained ground on Monday amid muted wind, weak inventories and strong CO2 prices

Crude oil prices retreated on Monday as China’s crude imports slid by 15% year- on- year in May to a five-month low, heightening demand concerns. Hence, Brent crude eased by 0.6% to settle at $71.49 a barrel. Meanwhile, U.S. WTI crude slipped by 0.6% as well, to end at $69.23 a barrel.

read more... 08/06/2021

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Eni, BP in talks over oil and gas assets in Algeria

BP and Eni are in talks over the future of their oil and gas assets in Algeria as the two groups increase efforts to refocus their businesses to tackle falling margins, rising debt and climate pressures, three sources said.

read more... 01/06/2021

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