12:09 PM EDT, 07/22/2025 (MT Newswires) -- The European stock markets closed mostly lower in Tuesday trading as The Stoxx Europe 600 was off 0.46%, Germany's DAX dropped 1.15%, France's CAC declined 0.69%, the Swiss Market Index was down 0.36%, while the FTSE 100 closed 0.12% higher.

In corporate news, BP's chartered tanker has left a port run by Indian refiner Nayara Energy without loading, Reuters reported Tuesday, citing five unnamed industry sources and shipping data from the London Stock Exchange Group. The vessel Talara was supposed to loan 60,000 metric tons of ultra-low sulphur diesel on Monday at Nayara's Vadinar point in Western India, with the cargo bound for Africa, LSEG data showed, according to Reuters.

BP did not immediately respond to an MT Newswires request for comment.

Shares of BP were up 0.44% in London

Shell, Norway's Aker BP, and Enbridge have withdrawn from the expert advisory group Science Based Targets initiative, the Financial Times reported Tuesday, citing internal documents. The departures followed draft guidelines requiring companies to halt new oil and gas field developments after submitting a climate plan or by the end of 2027, whichever comes first.

Shell, Aker BP, and Enbridge did not immediately respond to requests for comment from MT Newswires.

Shares of Shell gained 0.23% in London, while shares of Aker BP rose 0.45% in Oslo.

UBS Group is reviewing the role of six relationship managers who sold complex currency derivatives to Swiss clients who may not have fully understood the risks involved, Bloomberg reported Tuesday, citing people familiar with the matter. According to the report, some of the bankers have already left the bank, while the status of the remaining advisers is still under assessment.

UBS didn't immediately reply to MT Newswires' request for comment.

Shares of the Swiss banking giant increased 0.62% in Zurich.

Stellantis said Tuesday it is strengthening its presence in South Africa with new vehicle launches, dealership consolidation, and a strategic finance partnership with WesBank. Stellantis has rolled out its "brand house" model in South Africa, combining Citroen, Peugeot, FIAT, Jeep, and Opel under 32 unified dealerships, the European automaker said.

Shares of Stellantis fell nearly 2% on the Parisian bourse.

French oil and gas company TotalEnergies and Emerson Electric's Aspen Technology said Tuesday that they will collaborate to deploy digital technologies for the continuous, real-time collection of data from TotalEnergies' industrial sites.

Shares of TotalEnergies were off 0.11% on the CAC in Paris.