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News
12 March 2018
in
Agri/Soft Commodities, Manufacturing & equipment

IFC agrees $55m loan to Brazilian sugarcane group Jalles Machado

The International Finance Corporation has provided $55 million in long-term financing to Jalles Machado, a Brazilian sugarcane processor and a biomass producer. The...

News
12 March 2018
in
Oil & gas

Glencore, Vitol targeted in PDVSA bribe suit

Oil traders including Glencore and Vitol paid millions of dollars to a former PDVSA trader to get the inside track on Venezuelan oil deals, according to a lawsuit filed...

News
12 March 2018

PNB fraud: RBI starts special audit of public sector banks

The Reserve Bank of India has initiated a special audit of state-owned lenders with focus on trade financing activities, especially relating to issuance of letters of...

News
12 March 2018
in
Renewables

UniCredit eyes sale of Bard Offshore 1 wind farm

UniCredit is looking to put the Bard Offshore 1 wind farm project company Ocean Breeze Energy up for sale with a price tag in excess of €1 billion. The 400MW wind...

News
12 March 2018

NIB and BillerudKorsnäs agree €78.5m new board machine loan

Nordic Investment Bank and the Swedish pulp and paper manufacturer BillerudKorsnäs have signed a €78.5 million seven-year loan to finance part of the...

News
12 March 2018

European Banking Authority plans ‘roadmap’ for fintech regulation

The European Banking Authority may have created a "roadmap" on how to regulate emerging finrech service but the body is not keen on creating a unified approach...

News
12 March 2018

Aluminium Bahrain hires Adnan Hashim as new CFO

Aluminium Bahrain has appointed Adnan Hashim as its new Chief Financial Office. His most recent role in the banking industry was the CFO of NCB Capital - Saudi...

News
12 March 2018

Noble Group to sell Kamsarmax dry bulk carrier for $24m

Struggling Hong Kong-headquartered commodity trader Noble Group is sell a Kamsarmax dry bulk carrier to Bianca Corp for $24 million in cash. The Hong Kong registered ship...

News
12 March 2018
in
Oil & gas

Eagle Spirit proposes Alaskan route for Alberta exports

Eagle Spirit Energy is proposing to sidestep the British Colombian ban on oil exports by delivering bitumen from the Alberta oil sands via a pipeline to the old gold-rush...

News
12 March 2018
in
Power, Renewables

NYSERDA awards $1.4bn of renewables projects

New York State Energy Research and Development Authority (NYSERDA) has awarded $1.4 billion of utility-scale renewable projects as part of the Clean Climate Careers...

News
12 March 2018

TXF Amsterdam 2018: Natural Resources and Commodity Finance - 10 places remaining

The first 50 discounted tickets for the premier global commodity finance event are already running low: we only have about  places left at our discounted price of...

News
12 March 2018

iCON Infrastructure to sell Norwegian district heating company

iCon Infrastructure has agreed to sell district heating developer Oslofjord Varme and its two joint venture interests in the Greater Oslo Area to a consortium of Nordic...

Perspective
12 March 2018
in
Infrastructure, Metals and Mining, Transport

The pits – but not for much longer

Lending demand from South Africa’s mining sector has been sluggish at best – a symptom of poor economic governance, a new mining charter verging on the absurd and the...

News
12 March 2018
in
Power, Renewables

Schiff Hardin adds energy lawyer to New York team

Schiff Hardin has appointed Sarah A. W. Fitts as a partner in the New York office. The former Debevoise & Plimpton partner will focus on mergers and acquisitions,...

News
12 March 2018
in
Oil & gas

Conditions met for Leviathan gas exports to Egypt via Jordan

Independent E&P oil company Delek Group has announced that all of the conditions for the agreement to export natural gas from the Leviathan project off the coast of...

News
12 March 2018
in
Renewables

IIC considers $50m loan for Arauco Wind Project in Argentina

A $50 million loan to support the construction of the Arauco Wind Project II and its associated transmission connection is under consideration by the Inter-American...

News
12 March 2018
in
Infrastructure, Transport

ACS and Atlantia consider splitting Albertis' assets

Atlantia may put aside its competing takeover bid with ACS for the assets of Spanish toll-road operator Albertis and instead enter into an agreement that would give it...

News
12 March 2018

Noble skips paying bond coupon, but is close to debt deal

Hong Kong-headquartered Noble Group has opted against paying the coupon on a $750 million bond but insisted that it was "very close" to reaching final terms...

News
09 March 2018

Opportunity of the day: Energy China arm wins design contract for 433.96km 400kV power transmission line in Kenya

North China Power Engineering Co Ltd, of China Power Engineering Consulting Group (NCPE), was awarded the design contract for the Loiyangalani-Suswa 400kV power...

News
09 March 2018
in
Oil & gas

Petrobras to start binding phase to sell Africa unit

Brazilian oil group Petrobras is to start the binding phase in the process to sell 100% of subsidiary Petrobras Oil & Gas. The subsidiary, known as Petrobras Africa,...