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09 April 2024
in
Metals and Mining, Power

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...

08 April 2024
in
Renewables

TES holds €140m fundraise

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...

08 April 2024
in
Power, Renewables

Green Volt offshore wind project secures onshore planning

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...

08 April 2024
in
Other, Power

MIGA guarantees Konexa project in Nigeria

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...

08 April 2024
in
Metals and Mining

US Ex-Im issues $1.8bn LoI for Stibnite Gold Project funding

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...

08 April 2024
in
Metals and Mining

Westgold to buy Karora Resources in $808m deal

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...

08 April 2024

Tat Yeen Yap moves to Maybank

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...

08 April 2024
in
Oil & gas

Possible breakthrough on Chinese funding for Eacop project

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...

08 April 2024
in
Oil & gas

TotalEnergies pushes back Papua LNG FID to 2025

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...

08 April 2024
in
Renewables

EC approves €350m to support renewable hydrogen production in Germany

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...

08 April 2024

Juuso Heinila appointed as CEO of Finnvera

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...

08 April 2024
in
Power

PV Power closes $300m loan for Nhon Trach 3 and 4 LNG power plants

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...

08 April 2024
in
Metals and Mining

Abra calls in administrators

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...

08 April 2024

Keynote: Ron on SACE’s fully caffeinated export and import strategy

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’....

08 April 2024

Mabanaft seals acquisition of WESTFA Energy

Hamburg-headquartered Mabanaft has completed the acquisition of WESTFA Energy, including all its subsidiaries and shareholdings. It follows the December 2023 agreement to...

08 April 2024
in
Renewables

Uniper delays H2Maasvlakte hydrogen project

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...

08 April 2024
in
Renewables

Freeths expands energy sector offering in the North

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...

08 April 2024
in
Oil & gas

Final investment decision taken on Brasse

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...

08 April 2024
in
Metals and Mining

Rio Tinto appoints Bold Baatar as Chief Commercial Officer

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...

08 April 2024
in
Renewables

Colombian DFI signs MIGA-backed loan

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...