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News
08 July 2024
in
Infrastructure

JICA issues final tranche of Mumbai Metro Line 3 loan

JICA has issued the fifth and final tranche of its INR44.7 billion ($545.6 million) ODA loan for the Mumbai Metro Line 3 Project. Line 3, the last remaining part of the...

News
08 July 2024
in
Oil & gas

Ruwais LNG to earmark 40% stake 'to 4 majors'

ADNOC has earmarked a 40% stake in its Ruwais LNG project to Shell, TotalEnergies, BP, and Mitsui, sources said.The four companies are expected to get a stake of 10% each...

News
08 July 2024
in
Metals and Mining

AMI looking for expansion loan

Indonesian miner Amman Mineral Internasional (AMI) is seeking a loan of up to $1.5 billion to expand its Batu Hijau mine, the country’s second-largest copper and...

News
08 July 2024
in
Metals and Mining

Bowen seals Broadmeadow East mine stake sale

Bowen Coking Coal has sold its 10% interest in the Broadmeadow East Mine, in Queensland, to MPC Lenton, a wholly-owned subsidiary of the Formosa Plastics Group for A$13...

News
08 July 2024
in
Oil & gas

Mitsui secures funding for Block B project in Vietnam

Three Mitsui Oil Exploration (MOECO) companies have secured financing to develop the Block B gas field located off the southwest coast of Vietnam and build pipelines to...

Perspective
08 July 2024

TXF Athens: ADB’s verdant green horizons

Bart Raemaekers, head of guarantees and syndications at ADB, outlines how the bank’s $13 billion pipeline is leveraging de-risking elements to meet a strong commercial...

News
08 July 2024
in
Metals and Mining

Vedanta arranges $250m to settle Zambian mine debts

Vedanta Resources has arranged the financing it needs to start paying creditors of its Konkola Copper Mines in Zambia as it takes steps to revive operations after...

News
08 July 2024
in
Metals and Mining

KGL to raise up to $15.1m for Jervois project

KGL Resources has announced an entitlement offer to raise A$15.1 million (about $10.2 million).The offer is not underwritten and is subject to a minimum raise condition...

News
08 July 2024

NIB supports SMEs in Faroe Islands and Greenland

Nordic Investment Bank and the Faroese Foroya Banki have signed a DKK300 million ($43.5 million) loan agreement for on-lending to SMEs and small mid-caps, as well as...

News
08 July 2024
in
Metals and Mining

MACH takes over Rex's Hillside project

Indonesian group MACH will acquire all the shares in Rex Resources that it does not already own at A$0.47 apiece in an offer valued at about A$393 million ($265...

News
05 July 2024
in
Metals and Mining

GoviEx faces setback as Niger revokes mining licence

The Niger government has revoked the mining rights of GoviEx Uranium for the Madaouela uranium project, situated in the Agadez region in the northern part of the...

News
05 July 2024
in
Power

Song Hau 2 Power Plant appoints Mexim as MLA

The Export-Import Bank of Malaysia Berhad (Mexim) has been appointed MLA to raise up to $2.68 billion for the first ultra- supercritical technology coal plant in...

News
05 July 2024
in
Manufacturing & equipment

Ecopro Hungary signs three ECA-backed deals

Ecopro Hungary signed three seven-year ECA-backed deals to finance the procurement of manufacturing equipment from Korean exporters on 27 June.The first deal is a $180...

Perspective
05 July 2024

Data dive: SACE surfs the wave, and makes its own ones

SACE has recorded huge increases in activity in recent years, primarily in support of domestic priorities. But is it pushing hard enough into the sectors and geographies...

News
05 July 2024
in
Chemicals/Petrochemicals

Wolf takes FID on C$1bn NGL system expansion

Wolf Midstream has taken a positive final investment decision to proceed with its C$1 billion ($735 million) NGL North Phase Two project. The project will significantly...

News
05 July 2024
in
Renewables

EU dangles €200m green hydrogen carrot in front of Argentina

EU energy commissioner Kadri Simson has effectively offered €200 million ($216 million) of funding to Argentina to develop green hydrogen projects that could export...

News
05 July 2024
in
Oil & gas

Croatian LNG terminal operator to award new capacity expansion contracts

State-owned LNG terminal operator LNG Croatia has launched a tender for two contracts related to the capacity expansion of the FSRU-based LNG import facility on the...

News
05 July 2024
in
Metals and Mining

European Lithium unveils plans for Saudi hydroxide plant

European Lithium has announced a shareholders agreement with Obeikan Group to construct and commission a large-scale hydroxide processing plant in Saudi Arabia to convert...

News
05 July 2024
in
Power

Trafigura and Promarks sign preliminary agreement on Angola power project

Trafigura and engineering company Promarks have signed an MoU with the government of Angola to conduct a technical and economic viability study and develop a...

News
05 July 2024
in
Metals and Mining

Canada approves Glencore takeover of Teck coal unit, with conditions

The Canadian government has approved Glencore’s $6.93 billion acquisition of miner Teck Resources’ steelmaking coal unit with strict conditions to preserve...