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News
09 April 2024

Nigeria to receive $1.05bn Afreximbank loan in May

The Nigerian government is set to obtain a syndicated loan worth $1.05 billion by the end of May. The loan, backed by oil, aims to revive the Nigerian economy and improve...

News
09 April 2024
in
Metals and Mining

Azure Minerals approves Rinehart-SQM takeover

Shareholders in Azure Minerals have approved the Australian lithium miner’s takeover by billionaire Gina Rinehart’s private company Hancock Prospecting and...

News
09 April 2024

ACME, Hydrogenious sign Oman-Europe hydrogen value chain MoU

ACME Group and Hydrogenious LOHC Technologies have signed an MoU to collaborate on a feasibility study to explore the joint development of large-scale hydrogen supply...

News
09 April 2024

Global Infrastructure Hub to join the World Bank

Global Infrastructure Hub is joining the World Bank’s Infrastructure Practice Group as an associated trust fund to the Public Private Infrastructure Advisory...

News
09 April 2024
in
Oil & gas

Shell considers quitting London for New York

Shell is considering quitting the LSE for New York in what would be the biggest blow to the UK’s struggling stock market so far.Wael Sawan, the oil giant’s...

News
09 April 2024
in
Oil & gas

TotalEnergies raises natural gas production in the US

TotalEnergies has entered into an agreement with Lewis Energy Group to purchase the latter’s 20% interest in Dorado leases in Eagle Ford shale. These Dorado leases...

News
09 April 2024
in
Metals and Mining

Orion divests 8% interest in Sweetwater Royalties

Orion Resources Partners has sold an 8% minority interest in Sweetwater Royalties to a Canadian pension fund. The transaction, valued at approximately $100 million,...

News
09 April 2024
in
Other

Antares syndicate launches credit and political risks consortium

Antares Global has announced that Antares syndicate 1274 has launched a consortium for the underwriting of credit and political risk insurance.The consortium, already...

News
09 April 2024

Votorantim Cimentos renews and upsizes facility

Finacity has renewed and upsized its existing IFRS off-balance sheet trade receivables securitisation for Votorantim Cimentos North America.The transaction allows for up...

News
09 April 2024
in
Metals and Mining, Power

BMO drops anti-coal policy amid Wall Street rebuke of ESG

BMO Bank quietly dropped its policy restricting lending to the coal industry in late 2023, helping it avoid being labeled an energy “boycotter” in West...

News
08 April 2024
in
Renewables

TES holds €140m fundraise

Tree Energy Solutions (TES) has held a €140 million ($152 million) fundraising round to support the development of its key e-NG projects.The company received strong...

News
08 April 2024
in
Power, Renewables

Green Volt offshore wind project secures onshore planning

The Green Volt floating offshore wind farm in Scotland, being developed by Flotation Energy and Vargronn, has been granted full onshore planning approval.Located 80km off...

News
08 April 2024
in
Other, Power

MIGA guarantees Konexa project in Nigeria

The World Bank Group’s Multilateral Investment Guarantee Agency (MIGA) has issued a $16.29 million guarantee to Konexa Power Holdings PCC of Mauritius.The guarantee...

News
08 April 2024
in
Metals and Mining

US Ex-Im issues $1.8bn LoI for Stibnite Gold Project funding

Perpetua Resources has received a Letter of Interest from US Ex-Im for potential debt financing of up to $1.8 billion for its Stibnite Gold Project, in Idaho.The 15-year...

News
08 April 2024
in
Metals and Mining

Westgold to buy Karora Resources in $808m deal

Australia's Westgold Resources will acquire Toronto-listed Karora Resources in a cash-and-stock deal worth about A$1.23 billion ($808.36 million), seeking its gold...

News
08 April 2024

Tat Yeen Yap moves to Maybank

Tat Yeen Yap has joined Maybank in Singapore as head of supply chain solutions, from financial fraud mitigation fintech, MonetaGo. Yap was appointed as head of product...

News
08 April 2024
in
Oil & gas

Possible breakthrough on Chinese funding for Eacop project

China has invited Uganda's Energy minister to Beijing to discuss the country's $5 billion crude oil pipeline - signalling a possible breakthrough in Uganda's...

News
08 April 2024
in
Oil & gas

TotalEnergies pushes back Papua LNG FID to 2025

TotalEnergies and its partners have postponed a FID on the planned Papua LNG export project in Papua New Guinea.The decision was revealed during a meeting between Patrick...

News
08 April 2024
in
Renewables

EC approves €350m to support renewable hydrogen production in Germany

The European Commission has approved a €350 million ($379.2 million) German scheme aimed at supporting the production of renewable hydrogen through the use of the...

News
08 April 2024

Juuso Heinila appointed as CEO of Finnvera

Finnvera has appointed Juuso Heinila as its new CEO, effective from June 1, 2024. Heinila has been part of the Finnvera team since 2016 and is currently the Executive...