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04 October 2018
in
Transport

Belarus' development bank to finance Orsha airfield reconstruction

The Development Bank of the Republic of Belarus is to lend up to $25 million to the Minsk National Airport to finance the reconstruction of the Orsha airfield. The...

04 October 2018

Iraq bank, Commerzbank sign $115m loan deal for SMEs

Trade Bank of Iraq (TBI) has signed an agreement for financing loans with Commerzbank to support small and medium sized projects in Iraq. It comes after TBI was...

04 October 2018
in
Renewables

KfW and EU to finance 37.5MW Ivory Coast solar power station

German development bank KfW and the EU are to finance the first solar power station in Ivory Coast. The plant in the northern city of Boundiali will receive $31 million...

04 October 2018

IEnova and Trafigura sign deal for marine refined products terminal

Trafigura and Infraestructura Energética Nova (IEnova) have announced the signing of a long-term contract for 740 million bbls storage capacity of a marine...

04 October 2018

AXA XL partners with Parsyl on marine risk prevention services

AXA XL is partnering with Parsyl Inc - a Colorado-based supply chain data platform which helps shippers, insurers and their clients know more about...

04 October 2018

EIB commits €400m to Hungarian projects

The European Investment Bank has signed four different loan agreements for a total of €400 million for projects in Hungary. MVM Hungarian Electricity Private...

04 October 2018

Saudi British Bank, Alawwal merger is approved by boards

Saudi British Bank and Alawwal have approved a merger agreement that would create the kingdom's third largest lender. The $5 billion deal, which was first announced...

04 October 2018
in
Chemicals/Petrochemicals

Vitol acquires 50% stake in Brazil's Rodoil

Energy trader Vitol has acquired a 50% stake in Brazilian fuel distribution company Rodoil. Financial details of the transaction were not disclosed. Rodoil is one of the...

04 October 2018
in
Metals and Mining

Encana sells San Juan assets to DJR Energy for $480m

Encana Corp is exiting another position, this time in the San Juan Basin - as the Alberta-based company continues to zero in on its four-basin strategy. Denver-based DJR...

04 October 2018

EBRD launches Trade Ready to boost SMEs in Serbia

The European Bank for Reconstruction and Development has launched a new trade support initiative to help small and mediuim-sized enterprises in Serbia. Supported by...

04 October 2018

Erseven leaves Bunge

Cem Erseven has left Bunge and will be on gardening leave for three months before starting with his new employer on the 1 January 2019. Erseven has been director of...

04 October 2018
in
Metals and Mining

Advantage Lithium hires CFO and manager for Cauchari project

Orocobre Limited has announced that Advantage Lithium Corp has appointed a full-time Chief Financial Officer and locally-based Project Manager for the Cauchari JV project...

04 October 2018
in
Metals and Mining

Glencore, Tohoku Electric set coal contract price at $109.77/T - up 16%

Glencore and Japan's Tohoku Electric Power have reportedly agreed on a price of $109.77 per tonne for supplies of thermal coal from Australia for the year through...

03 October 2018
in
Power

NIA appoints Tim Stone as Chair

The Nuclear Industry Association (NIA) that represents the civil nuclear industry and supply chain in the UK has named Dr Tim Stone as its new Chair. He...

03 October 2018
in
Infrastructure, Transport

Van Don-Mong Cai highway concession is signed

The People's Committee of the northeastern coastal region of Quang Ninh in Vietnam has signed a contract for the VND11 trillion ($474.4 million) Van Don-Mong Cai...

03 October 2018
in
Renewables

Azure closes $88m financing of 200MW Bhadla solar project

Indian solar energy producer Azure Power has closed the Rs6 billion ($88 million) financing of a 200MW solar power plant to be set up at the Bhadla Solar Park in...

03 October 2018
in
Oil & gas

TransCanada to proceed with Coastal GasLink pipeline

TransCanada Corporation has announced that it will proceed with construction of the Coastal GasLink pipeline project following LNG Canada's positive final investment...

03 October 2018
in
Renewables

Statkraft completes acquisition of wind developer Element Power

Statkraft, Europe's largest producer of renewable energy, has acquired 100% ownership of Element Power Group's wind development businesses from the...

03 October 2018
in
Chemicals/Petrochemicals

Aegean Marine Petroleum Network president McIlroy to leave

International marine fuel logistics company Aegean Marine Petroleum Network has announced that President Jonathan McIlroy will leave the company on November 15. Kostas...

03 October 2018

Eximchain unveils supply chain platform on blockchain

Eximchain has launched its supply chain platform on blockchain with the support of China-based sourcing platform YOOSourcing and tech firm Enigma. Eximchain - founded...