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Shift from oil to gas is key pillar of Eni transformation, CEO says

Italian energy group Eni will continue to gradually shift its activity from oil to gas in the coming years, the group s chief executive said on Tuesday, adding the move has been one of the pillars of.

Sterling slips after survey data shows house building slump

LONDON (Reuters) - The pound slipped on Tuesday as data showed that British house building wilted in May and the dollar found a footing. | 07:47am

Finland, Baltic states postpone gas pipeline maintenance to secure supply

Finland and the Baltic states will postpone summer maintenance on a major gas pipeline to help secure supplies following Russia s decision to cut off deliveries to Finland..

Tight EU rapeseed supplies to suck in imports - Oil World

3/3/2021 HAMBURG, March 3 (Reuters) - Soaring prices of rapeseed in the European Union due to a sharp fall in supplies is likely to boost EU imports of the oilseed in the first six months of 2021, Hamburg-based analysts Oil World said on Wednesday. Paris rapeseed futures on Tuesday hit their highest since September 2012 on tight European inventories and firm international oilseed markets. Stocks in the 27 EU member states of rapeseed/canola, used for edible oil and biodiesel production, fell to an estimated 8.7 million tonnes in early January 2021 from 9.1 million in January 2020 and 10.7 million in January 2019, Oil World CEO Thomas Mielke told Reuters.

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