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News
11 June 2024
in
Renewables

Freeport East seals funds for hydrogen maritime projec

Freeport East has received significant investment in an international green hydrogen project to drive decarbonisation in the maritime sector. The Hydrogen Zero...

News
11 June 2024
in
Power

World Bank provides additional $1bn to DASU Hydropower Project

The World Bank has approved $1 billion in a second round of additional financing for the DASU Hydropower Stage I (DHP I) Project. The financing will support the...

News
11 June 2024
in
Metals and Mining

Osisko amends $50m credit facility

Osisko Development has entered into an amending agreement to the credit facility with National Bank of Canada, providing for a $50 million delayed draw term loan through...

News
11 June 2024
in
Waste and water

Jordan receives wastewater project funding

EBRD has signed an agreement with Jordan’s Ministry of Planning and International Cooperation to extend a financing package to the Water Authority of Jordan. The...

News
11 June 2024
in
Other

Taulia unveils two promotions

Working capital group Taulia has promoted Andy Lee to the role of Head of Receivables Finance and Chris Garrison to Head of Payables Finance. Based in New York, Lee...

News
11 June 2024
in
Oil & gas

NNPC, Golar plan to take FID on Nigerian FLNG project in 2024

Nigerian National Petroleum Corp and floating player Golar LNG plan to take a final investment decision on a floating LNG project offshore Niger Delta, Nigeria, by the...

News
11 June 2024
in
Metals and Mining

Nevada Copper files for bankruptcy, CEO steps down

Nevada Copper has filed for bankruptcy protection under Chapter 11 of the US Bankruptcy Code. The company, which owns the Pumpkin Hollow mine, will not continue...

News
11 June 2024
in
Oil & gas

Var all done with intra-group merger

Norwegian oil and gas player Var Energi has completed the merger with its wholly-owned subsidiary Var Energi Norge, previously known as Neptune Energy Norge.The Norwegian...

News
11 June 2024
in
Metals and Mining

Critical Metals to buy controlling stake in Greenland REE mine

Critical Metals has signed a binding heads of agreement to acquire a controlling interest in the Tanbreez rare earth mine, in Greenland, from a company controlled by...

News
11 June 2024
in
Metals and Mining

Rio Tinto buys Mitsubishi’s stake in Boyne aluminium smelter

Rio Tinto has agreed to acquire Mitsubishi Corporation’s 11.65% interest in Boyne Smelters (BSL), which owns and operates the Boyne Island aluminium smelter in...

News
10 June 2024
in
Infrastructure

Kexim mulls funds for Puerto Princesa airport expansion

The Export-Import Bank of Korea is considering providing financing for the expansion of the Puerto Princesa International Airport in the Philippines.The expansion is seen...

News
10 June 2024
in
Renewables

TotalEnergies and Air Products pen green hydrogen supply deal

TotalEnergies and Air Products have signed a 15-year agreement for the annual supply in Europe of 70,000 tonnes of green hydrogen starting in 2030. This first...

News
10 June 2024
in
Metals and Mining

Blencowe signs first offtake MoU for Orom-Cross graphite

Blencowe Resources has signed its first nonbinding MoU for natural large flake concentrate offtake from the Orom-Cross graphite project, in Uganda.Under the terms of the...

News
10 June 2024
in
Renewables

Engelhart to acquire Trailstone

Engelhart Commodities Trading Partners has agreed terms to acquire Trailstone, a global energy and technology company, from Riverstone.Trailstone is a renewable energy...

News
10 June 2024
in
Other

Afreximbank supports Fidelity's acquisition of Union Bank UK

Afreximbank has disbursed a $40 million Intra-African Investment Facility to Fidelity Bank Nigeria to support Fidelity’s acquisition and recapitalization of Union...

News
10 June 2024
in
Oil & gas

Saudis said to hand about 60% of Aramco offer to foreigners

Foreign investors were allocated about 60% of the shares on offer in Saudi Aramco’s $11.2 billion stock sale, people familiar with the matter said, marking a...

News
10 June 2024
in
Metals and Mining

Zambia sees KoBold spending $2.3bn on copper mine

KoBold Metals, the Bill Gates-backed mining exploration company, could spend $2.3 billion to build a major new copper mine in Zambia, President Hakainde Hichilema...

News
10 June 2024
in
Metals and Mining

Mimosa suspends North Hill project

Mimosa Mining Company has put its $134 million North Hill project in Zinbabwe on hold due to a challenging operational environment, characterised by declining global...

News
10 June 2024
in
Metals and Mining

Nevada Copper fears shutdown without immediate funding

Nevada Copper has “significantly scaled down operations” at its Pumpkin Hollow mine after failing to secure necessary funding and fears that the business may...

News
10 June 2024
in
Oil & gas

New Zealand to introduce bill to reverse oil and gas exploration ban

New Zealand's government plans to introduce legislation to remove a controversial ban on offshore petroleum exploration to attract investment to the country's oil...