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News
07 September 2017

Madhya Pradesh tears up Sky Power Solar PPAs

Delays in commissioning the 50MW Sky Power Solar project, in the Rajgarh district, India, have caused the Madhya Pradesh Power Management Company Limited to cancel...

News
07 September 2017

Iran-Oman gas pipeline extension could signal cheaper imports for India

A 1,300 km, $4 billion undersea natural gas pipeline could connect Iranian gas reserves with Indian consumers via Oman's LNG plants, according to an Associated...

News
07 September 2017

Canadian Solar acquires 80MW Brazilian solar project

Manufacturer and developer Canadian Solar has agreed to acquire the PV project located at Guimarania, in the state of Minas Gerais. A 20-year PPA was awarded...

News
07 September 2017

Enea plans 500MW thermal project in Poland

The Polish energy minister has said that the state-owned utility Enea is expecting to develop a $1.4 billion power plant project that will use gasified coal sourced...

News
07 September 2017

Senex Energy set to be awarded Surat basin lease

Brisbane-headquartered Senex Energy has been selected as the preferred tenderer for a petroleum lease in the Surat basin, to supply gas to the domestic market. Senex...

News
07 September 2017

UK trade minister Lord Price quits role after just 1 year

Lord Price has quit as a UK government trade minister after just a year in the role. International trade minister Greg Hands will take over the former Waitrose boss's...

News
07 September 2017

Britain still wants funding from the EIB after Brexit

The UK's Brexit Secretary David Davis still wants Britain to have access to European Investment Bank funds after the country leaves the EU. The lender has funded...

News
07 September 2017

DLT not ready to replace settlement systems: BoJ, ECB

Blockchain technology is still too immature to be used to replace real-time gross settlement systems at the Bank of Japan and the European Central Bank, they said in a...

News
07 September 2017

UPS Capital names new president

US-based alternative lender UPS Capital has named Mark Robinson as its new president, just weeks after announcing a partnership with accounts payable company Payoneer to...

News
07 September 2017

ADB sells record $4bn 5-year global benchmark bond

The Asian Development Bank (ADB) returned to the US dollar bond market with the pricing of a $4 billion five-year global benchmark bond issue, proceeds of which will be...

News
07 September 2017

Kenya's Jamii Bora Bank launches trade finance products

Kenya's Jamii Bora Bank has started offering trade finance, including letters of credit, a customs duty facility, local purchase order financing, invoice discounting,...

News
07 September 2017

Alvaro Lario to leave IFC for International Fund for Agricultural Development

The IFC has revealed that Alvaro Lario, a principal portfolio manager within its Treasury Liquid Asset Management group, is to leave to take up a senior assignment with...

News
07 September 2017

Treasurers failing to exploit tech: Deloitte

Corporate treasurers are struggling to exploit technological innovations, with over a fifth of treasury management systems relying on spreadsheets, according to...

News
07 September 2017

Maersk to deploy blockchain maritime insurance solution

Shipping giant Maersk plans to deploy a blockchain-based marine insurance solution with insurers MS Amlin and XL Catlin following a successful pilot with Microsoft and...

News
07 September 2017

JBIC considering financing Novatek's Arctic LNG-2 project

The Japan Bank for International Cooperation (JBIC) may finance Arctic LNG 2, the second LNG plant of Russia's Novatek. JBIC has already provided $238 million for...

News
06 September 2017

Opportunity of the day: Dubai Municipality to raise funds for deep tunnel project; EPC contract likely by 1Q18

KPMG International has been appointed as a consultant by Dubai Municipality to assist in raising finance under a public-private partnership for a deep tunnel project,...

Perspective
06 September 2017

New ECA Verizon's

Serial bond issuer Verizon Communications closed two $2 billion ECA-backed deals in July to finance the purchase of telecoms equipment from Ericsson and Nokia. The deals,...

News
06 September 2017
in
Oil & gas

OVVL pulls one taker in syndication

ONGC Videsh Vankorneft (OVVL) – a subsidiary of Indian state-owned oil major ONGC – has closed syndication on its dual-currency $844 million equivalent loan....

News
06 September 2017

Metro Manila Subway Project moves closer to realisation

National Economic and Development Authority's (NEDA) Investment Coordination Committee has approved the P355 billion, 25-km underground transport system. The final...

News
06 September 2017

NGCP cleared for Visayas-Mindanao Interconnection Project

The Energy Regulatory Commission (ERC) has given grid operator National Grid Corp. of the Philippines (NGCP) permission for a P52 billion connection of the two island...