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Shipping industry seeks to combat dark oil transfers at sea

Top oil shipping companies say they have tightened operational guidelines and deployed technology to prevent accidental breaches of sanctions, as the countries hit by ever tougher restrictions fight back with elaborate strategies to dodge them.

read more... 14/07/2021

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Daily (13.07.2021): Electricity prices fell on Monday, tracking bearish gas and carbon markets

Oil prices dropped on Monday, on doubts over OPEC's ability to maintain production discipline and signs of reduced demand for black gold. Consequently, Brent crude slipped by 0.5% to $75.16 a barrel and WTI oil edged 0.6% lower at $74.10 a barrel.

read more... 13/07/2021

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Iberdrola, Mapfre enrich JV portfolio with 95 MW of wind farms

Spanish insurer Mapfre SA (BME:MAP) and utility group Iberdrola SA (BME:IBE) have added 95 MW of wind farms operating in Spain’s Andalusia region to the portfolio of their renewable energy joint venture (JV).

read more... 13/07/2021

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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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Crude oil price rises on expectations of U.S. crude stocks falling

Oil rose on Tuesday, recovering from the previous day's drop, as expectations of further declines in U.S. crude inventories outweighed fears that spreading COVID-19 variants could derail a global economic recovery.

read more... 13/07/2021

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