Brazilian oil firm Petrobras saw its credit rating take a hit yet again as Fitch has them even junkier than before, now at BB- from BB. The company has well over $100...

The Asian Infrastructure Investment Bank has approved a loan of up to $60 million for a project to increase power generation capacity in Bangladesh and help the country...

China Development Bank (CDB) and United Bank for Africa have signed a $100 million seven-year loan deal to finance the development of small and medium-sized...

Citi has appointed Debopama Sen as its Singapore and Asean head for its treasury and trade solutions (TTS) business. She will be based in Singapore and report to Rajesh...

The Guam Power Authority has issued a bid request to establish 40MW of solar capacity in the South Finagayan area of Dededo. This is Phase 3 of a renewable energy...

Ivor Frischknecht has decided not to seek a third term as CEO of the Australian Renewable Energy Agency and will step down in August when his current term ends.

Platte River Power Authority has issued a request for proposals for a minimum of 20MW of new solar capacity and is looking for up to 5MW of energy storage to supply its...

The developer WPD was awarded  50MW of capacity in the latest German onshore wind auction for its Lange Heide 2, Hofgeismar, Schlenzer, Hohenseefeld...

The Turkish Energy Minister has announced that a tender for the country's first offshore wind facility, to be located in the Aegan Sea, will be carried out under the...

The Johannesburg Stock Exchange (JSE) is expecting to begin listing project bonds in the second week of March as South Africa plans a large infrastructure investment over...

Pattern Energy Group Inc has agreed to acquire a 206MW portfolio of renewable projects from Pattern Energy Group LP and Japanese renewables developer Green...

Spanish oil firm Repsol has agreed to sell a 20% stake in utility Gas Natural SDG to Rioja Bidco Shareholdings that is controlled by private equity firm...

The UK's Federation of Small Businesses (FSB) wants Royal Bank of Scotland (RBS) to reinvest in small businesses after the lender posted its first profit in a...

The Philippine Competition Commission (PCC) has found that the $1.9 billion purchase of AES' 630MW coal-fired power plant in Masinloc by San Miguel's SMC Global...

Mining giant Glencore's deal to buy aluminium from Rusal will be renewed from 2019, but the tonnage is likely to be much lower as the Russian producer taps into...

The Infrastructure Development Company Ltd (IDCOL) has been mandated to raise $63 million term loan for a 100MW heavy fuel oil-fired power project being developed by...

Singapore-based commodity trader Olam International reported a 159.3% rise in its fourth-quarter net profit to $201.4 million (S$265.1 million). The figure was boosted by...

Archer Daniels Midland (ADM) has agreed to form a soybean joint venture in Egypt with fellow US agricultural merchant Cargill to take advantage of strong demand for...

Norsk Hydro has made a binding offer to buy a Rio Tinto aluminum plant in Iceland for $345 million. The proposed deal, which is expected to close in the second...

The Reserve Bank of India has given an ultimatum to banks that they must integrate Swift into their core banking solutions by 30 April. It follows a recent strings of...