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News
10 May 2017

Tokyo Gas America buys 30% equity stake in Castleton Resources

Castleton Resources was formed from the purchase of the $1 billion Carthage upstream and midstream assets bought from Anadarko Petroleum combined with existing Castleton...

News
10 May 2017

Trump puts forward FERC nominations

US President Donald Trump has named his two choices to fill vacant commissioner roles with the Federal Energy Regulatory Commission (FERC). Senator Mitch McConnell's...

News
10 May 2017

MAXpower falters on repayments

Indonesian gas-fired power developer MAXpower has failed to meet a quarterly principal repayment on a $222 million five-year corporate facility it raised from...

News
10 May 2017

EnBW green lights 112MW Albatros wind farm

German utility Energie Baden-Württemberg (EnBW) has approved final decisions on the financing and construction of the North Sea wind farm. Construction will be...

News
10 May 2017

Late payments for UK SMEs - a £266bn problem

Research commissioned by Crossflow Payments and YouGov points to a loss of £266 billion in UK SME turnover due to late payments, the equivalent of 15%...

News
10 May 2017

GE Renewable agrees on 199.5MW of wind to China

GE Renewable Energy will supply Chinese developer HECIC 81 wind turbines for the Senjitu III and Qiansongba onshore wind projects in the Hebei province of China. The...

News
10 May 2017

Odisha seeks quick action on Bhedabahal UMPP revision

The Indian state is urging the government to speed up revising the standard bidding documentation that is delaying the 4GW ultra mega power project. The new documentation...

News
10 May 2017

Avangrid buys 50% stake in Vineyard Wind project

Spanish utility company Iberdrola has bought into the large-scale wind project through its American subsidiary Avangrid. Offshore wind developer Copenhagen Infrastructure...

Perspective
10 May 2017

Cyber security: More than just tech

Andrew Taylor, CEO of BeCyberSure, explains why investing in people, processes and governance offers treasurers a better defence against cyber-attacks than technology,...

News
10 May 2017

New Indian solar tariff cheaper than coal

The Bhadla solar phase four auction for 50MW and 100MW packages saw the winning bids all record new lows. Phelan Energy and Avaada Power quoted Rs2.62 per unit while...

News
10 May 2017

Petrobras looks to sell Texas refinery for $200m

Brazilian oil giant Petrobras is looking to sell its refinery in Pasadena, Texas, for less than $200 million - far less than its $1.2 billion purchase price. The...

News
10 May 2017

Noble likely to record net loss of $130m for Q1

Hong Kong-based trader Noble Group is likely to record a net loss of about $130 million for the three months ended March 31, 2017. It said a tough operating environment...

News
10 May 2017

Basware strengthens its Purchase-to-Pay suite

Finland-based Basware has announced that its Purchase-to-Pay (P2P) solution has been strengthened with a new strategic sourcing offering, providing customers with a full...

News
10 May 2017

Cybercriminals resort to 'human' tactics to commit fraud

A new report from Verizon warns cybercriminals are using more 'human' tactics - like conversing with employees - to commit financial fraud and data hacks. It...

News
10 May 2017

Covington & Burling to open Johannesburg project finance office

US-based law firm Covington & Burling is to open an office in Johannesburg, as part of an expansion of the firm's project finance capability. The office will be...

News
10 May 2017

Invoicing start-up SpiderG targets revenue rise

Pune-based SpiderG is targeting revenue of INR15 million ($232,023) this year, rising to INR20 million in 2018. The e-invoicing technology provider for SMEs is also...

News
10 May 2017

Reed Smith boosts Energy & Natural Resources team

International energy and infrastructure project finance partner Andrei Baev has joined Reed Smith in London from Chadbourne & Parke. The law firm also hired Peter...

News
10 May 2017

Comparable risk-reward analysis of trade receivables is critical

As more opportunities become available for non-banks to invest in trade receivables, comparable investment return analysis will be critical to perform. Would-be investors...

News
10 May 2017

EBRD extends trade finance limit to Alpha Bank Cyprus

The European Bank for Reconstruction and Development (EBRD) is providing a €10 million trade finance facility to Alpha Bank Cyprus to strengthen the integration of...

News
10 May 2017

First Data CEO confident of full-year guidance

First Data's CEO has dismissed the payment processing company's weak first-quarter figures as "transitory", saying he is confident it will meet its...