Euronext wheat rose on Thursday to a one-week high as a slide in the euro and news of a Saudi tender boosted export sentiment, traders said.Benchmark December milling wheat BL2Z6 on Paris-based Euronext settled 1.3% up at €239 ($268.11) a metric ton after the day session.The contract earlier rose to €240.25, its highest since September 24, as it moved further from Tuesday's six-week low of €231.50…
Construction begins on Wednesday of a $16 billion Kenyan oil refinery aimed at lowering East Africa's fuel costs and saving the region hard currency used to import refined products.Aliko Dangote and Kenyan President William Ruto broke ground on the site…
SSE has selected Montrose Port as the preferred operations and maintenance base for its planned 1.4 GW Berwick Bank B offshore wind farm off Scotland, a move expected to create 100 full-time jobs.The new operational hub will be located at Montrose Port's South Harbour…
Baltic Exchange announced that both SGX and European Energy Exchange (EEX) are now offering new Baltic Handysize futures contracts, providing market participants with dedicated tools to manage their exposure to the Atlantic and Pacific Handysize basin…
Oil company Saudi Aramco has told at least two European refining customers they will receive no crude oil next month following an attack on Saudi Arabia's key pipeline to the Red Sea, Bloomberg News reported on Friday, citing people familiar with the matter…
European wheat futures rose on Monday, pushed up by continued interruption of Russian and Ukrainian Black Sea ship-borne exports, while a new purchase tender from big importer Algeria sparked hopes of new EU sales.Benchmark December wheat on the Paris-based Euronext exchange was up 1…
Chicago wheat futures jumped on Tuesday as hopes faded for a U.S. diplomatic effort to end the war in Ukraine, which has disrupted Black Sea grain shipments, analysts and traders said.Corn and soybean futures chopped up and down as traders adjusted positions ahead of Friday's U…
Euronext wheat eased on Friday, extending a pullback from contract highs as the market waited to see if a renewed diplomatic push to end Russia's war with Ukraine might alleviate disruption to Black Sea trade.Losses were limited as more attacks…
bound4blue has completed the installation of four 22-meter eSAIL suction sails onboard Marflet Marine's Santiago I, positioning the company as the first Spanish merchant fleet owner to commit to wind-assisted propulsion and suction sails.The installation…
Nikkiso Clean Energy & Industrial Gases Group (Nikkiso CE&IG) has announced it has secured a contract with CS Gas North to provide 16 submerged motor pumps for German LNG Terminal in Brunsbüttel. Nikkiso CE&IG is manufacturing high-pressure…