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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
PetroVietnam Power has finalised a deal with Citibank and ING for a $300 million short-term loan. The funds will be used to support the construction of the Nhon Trach 3...
Abra Mining has appointed administrators, calling in Richard Tucker and Robert Hutson of KordaMentha. The company, a joint venture between Galena Mining (60%) and CBH...
Michal Ron, Chief International Business Officer at SACE, discusses Italy’s record export finance volumes as it moves into ‘fifth gear’ on its ambitious ‘push strategy’....
Hamburg-headquartered Mabanaft has completed the acquisition of WESTFA Energy, including all its subsidiaries and shareholdings. It follows the December 2023 agreement to...
Uniper has admitted its flagship green hydrogen project in the Netherlands, H2Maasvlakte in the Port of Rotterdam, will be delayed despite recently being on course to...
Freeths has established a new energy offering in the North of England with the appointment of Partner Deborah Harvey, expanding on its wider national practice.Joining...
A group of Norweigan oil and gas firms have made a final investment decision on its Brasse field in the northern North Sea.The field is set to be renamed Bestla and will...
Rio Tinto has appointed Bold Baatar to the role of Chief Commercial Officer. Bold will succeed Alf Barrios, following his decision to retire from the company.Bold, who is...
Colombian development bank FDN signed a COP700 million ($185 million) MIGA-covered loan on 12 February this year. Proceeds will be used for funding relevant financing...