Indian Oil has agreed to a five-year LNG import deal with Trafigura, with prices linked to the US Henry Hub benchmark, sources said.Trafigura will supply three to four LNG cargoes this year and six cargoes annually from next year, said one of the sources. India is looking to raise its imports... More

Lhyfe has signed a €53 million (over $60 million) debt financing for the construction of four green hydrogen production sites located in France and Germany.This is the first project financing transaction of green hydrogen production sites for Lhyfe. The financed assets portfolio includes... More

Afreximbank has launched a $3 billion revolving intra-African oil trade financing programme to finance the purchase of refined petroleum products by African and Caribbean oil buyers.As a revolving facility, Afreximbank expects to finance about $10 billion to $14 billion of intra-African petroleum... More

Italian ECA SACE has announced almost €1 billion in new agreements in Turkey.The deals include:An MoU with Limak Group aimed at strengthening cooperation on large infrastructure projects. For these project, SACE has committed to supporting the Italian supply chain with an estimated value of at... More

K&L Gates has appointed Matthew Osborne as a partner in the energy, infrastructure, and resources practice, with a focus on project development and finance. He joins the firm’s Melbourne office from White & Case, where he was a partner in their Southeast Asia Pproject development... More

The ADB-led Energy Transition Mechanism (ETM) financing designed to accelerate the retirement of the 660MW Cirebon 1 coal-fired power plant in Indonesia is expected the sign in Q2 this year. The deal will provide a viable financial template for other international banks to participate in the... More

Global renewable hydrogen producer Hy2gen has completed an additional funding round of €47 million (about $53.5 million) from existing shareholders. The round is led by Hy24 investing through its Clean Hydrogen Infrastructure Fund, alongside Technip Energies, and individual founding... More

AfDB has appointed Dr Kennedy Mbekeani as director general for the Southern Africa regional development and business delivery office, and country manager for South Africa.Mbekeani brings over 25 years of senior-level experience in development finance, project management, policy advisory services,... More

Faltering economic growth is coinciding with ample oil supply in ways that are expected to drop global commodity prices to their lowest level of the 2020s, according to the World Bank’s latest Commodity Markets Outlook. The decline could moderate near-term inflation risks emerging from... More

AfDB has appointed Dr Alex Mubiru as director general for the East Africa regional development, integration and business delivery office and country manager designate for Kenya. The appointment is effective May 1, 2025. Mubiru brings over 25 years of experience in international development.Since... More

Plug Power has signed a definitive agreement for a secured debt facility with Yorkville Advisors providing for the issuance of up to $525 million of secured debentures. The facility includes an initial $210 million tranche, which will be fully funded at the initial closing and additional... More

Potash development company Kore Potash has received the draft financing proposal and associated draft nonbinding term sheets for its 97%-owned Kola potash project, in Congo-Brazzaville, from the Summit Consortium.The draft financing proposal and associated term sheets cover the full funding... More

EverWind Fuels has received environmental assessment approval from the Nova Scotia Department of Environment and Climate Change for the overhead transmission line that will cross the Strait of Canso.This critical infrastructure will deliver clean, renewable electricity directly from EverWind’s... More

Trafigura will supply four million barrels of Oman crude oil to Bharat Petroleum Corporation Limited (BPCL), one of India's leading state-run refiners. The deliveries are scheduled to take place over the coming months.The deal underscores BPCL's ongoing efforts to diversify its crude... More

KfW IPEX-Bank has arranged and provided funding worth SEK728 million ($75.6 million) for new high-speed trains for the Arlanda express, the non-stop railway connection between Stockholm and its international Arlanda Airport. The financing supports the procurement of seven new electric multiple units... More

CABEI has approved a $15 million increase in the line of credit for Financiera Consolidada (COFINSA), raising the total line to $30 million.These additional funds will enable 22 companies that generate around 960 jobs to meet their investment and working capital needs, ensuring their growth and... More

American Battery Technology Company has received a Letter of Interest from the Export-Import Bank of the United States for $900 million in financing to support the construction of its commercial-scale lithium mine and claystone-to-lithium hydroxide refinery near Tonopah, Nevada.ABTC has partnered... More

Woodside has made a final investment decision to develop the three-train, $17.5 billion Louisiana LNG project.Woodside is targeting first LNG from the 16.5 million tonne per annum project in 2029. The development has expansion capacity for two additional LNG trains and is fully permitted for a total... More