EXCLUSIVE BMW, VW to face lowered EU fines over emissions collusion -source

BMW (BMWG.DE) and Volkswagen (VOWG_p.DE) are set to face reduced EU antitrust fines over clean air technology after regulators narrowed the scope of an investigation, a person familiar with the matter said.
Oil near one-week high as prospect of Iran glut wanes

Oil prices slipped on Tuesday, but were near one-week highs after jumping more than 3% the previous session as investors tempered expectations of an early return of oil exporter Iran to international crude markets.
Shell weighs shut Louisiana refinery’s future as Baton Rouge firm promotes bid

Royal Dutch Shell (RDSa.L) was still evaluating plans for an idled Louisiana oil refinery, the company said on Monday, after a Baton Rouge investor said over the weekend his $1.25 billion offer was not accepted.
Shell to sell interest in Deer Park refinery to partner Pemex

Royal Dutch Shell (RDSa.L) agreed on Monday to sell its controlling interest in a Texas refinery to partner Petroleos Mexicanos (Pemex) for about $596 million, the latest move by the European oil major to cut its global refining footprint.
Futures rise as higher oil drives energy stocks

U.S. stock index futures rose on Monday as higher oil prices lifted energy stocks, while S&P 500 futures scaled two-week highs ahead of key inflation readings later this week.
EU leaders to debate who will pay for the green transition

The EU’s executive Commission is due to publish a huge set of climate policy proposals in July, including carbon market reforms and tougher carbon dioxide standards for cars. All will need approval from its 27 member states.
Oil drillers and Bitcoin miners bond over natural gas

On U.S. oil patches stretching along the Rockies and Great Plains, trailers hitched to trucks back up toward well pads to capture natural gas and convert it on the spot into electricity.
Oil drillers and Bitcoin miners bond over natural gas

On U.S. oil patches stretching along the Rockies and Great Plains, trailers hitched to trucks back up toward well pads to capture natural gas and convert it on the spot into electricity.
As Iran eyes end of oil export sanctions, will former Asia clients buy?

As Iran gears up to resume oil exports once the United States lifts trade sanctions, former key clients in Japan, South Korea and Taiwan say they’ll wait for the U.S. green light before investigating terms under which they might buy Iran’s oil again.
SPACs target more ESG companies in 2021 -Nomura Greentech

Companies with environmental, social and governance (ESG) credentials have been high on the list of merger targets for U.S. special purpose acquisition companies (SPACs) so far in 2021, data from Nomura Greentech showed.