Standard Chartered has joined Visa B2B Connect, a multilateral payment network that enables faster account-to-account cross-border payments for its corporate clients. Launching first for clients of Standard Chartered Singapore with more entities to be added to the network in the months ahead,... More

US Ex-Im has signed a Memorandum of Cooperation with EFA, ECGC and NEXI - collectively the QUAD ECAs - to cooprate in enhancing the prosperity of the Indo-Pacific. The agreement to increase the level of cooperation, engagement, and alignment, was signed at Berne Union Spring meetings in Oslo.The... More

Ashurst has boosted its global energy team with five partner hires from Shearman & Sterling.London-based project finance expert Sanja Udovicic, Seoul-based Anna Chung, and Singapore-based Jean-Louis Neves Mandelli and Scott Baggett will join the firm. They will be accompanied by London-based... More

De Grey Mining plans to finalise detailed terms of its up to A$1.2 billion (about $745 million) funding package for its Hemi gold mine project, in Pilbara, by the middle of 2024.The company is continuing talks with ten shortlisted banks and two government funding agencies after receiving non-binding... More

Axxela has taken a Final Investment Decision for the development of a gas processing plant in OML 56, Delta State, South-South Nigeria.The plant, with a total capacity of 50 MMSCF/D, will be delivered in phases. The first phase will comprise a 12 MMSCF/D modular plant, with an interconnection... More

Export Finance Norway is guaranteeing 50% of a NOK120 million (almost $11 million) loan to Gigante Salmon to help the company complete its 16,000-tonnes-per-year land-based salmon farm.Gigante Salmon will use the ECA-backed SpareBank 1 Nord-Norge loan and a private placement of shares to raise the... More

The Ministry of Energy of Azerbaijan has announced the country’s first renewable energy auction for a 100MW solar power plant project in Gobustan.The public call for applications is accessible on the Ministry’s website. Interested parties can ask for the Request for Qualification... More

A subsidiary of Gazprom has been ordered by the UK's Supreme Court to stop suing Italian bank UniCredit in Russia over an aborted gas project.RusKhimAlyans has launched a flurry of lawsuits in the Russian courts after Russia's invasion of Ukraine and subsequent Western sanctions halted work... More

Sinopec has commenced the auction process for the sale of its subsidiary, Sinopec New Star Inner Mongolia Green Hydrogen New Energy, along with its equity. The starting price for the auction on the Beijing Equity Exchange is CNY74.08 million ($10 million).This subsidiary is responsible for... More

G Mining Ventures is expanding its South American holdings by taking over Reunion Gold’s Oko West gold project in Guyana in an all-share deal valued at C$875 million ($638 million).G Mining shareholders will hold 57% of the new entity, leaving Reunion with 43%, the firms said. The new shares... More