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09 February 2024
in
Metals and Mining

Erdene seals debt financing for Bayan project

Erdene Resource Development has secured debt finance agreements for up to $80 million with Mongolian Mining to fund construction of the high-grade, open-pit Bayan Khundii...

09 February 2024
in
Oil & gas

Vitol approached Italy's Moratti family over Saras stake

Vitol has approached Italy's Moratti family over the possibility of buying their controlling stake in oil refiner Saras, a source said, confirming an earlier...

09 February 2024
in
Metals and Mining

Canada Nickel plans $1bn nickel-processing plant in Ontario

Canada Nickel plans to raise $1 billion for the construction of a nickel-processing plant in Ontario. The initiative aims to position the company as an alternative...

09 February 2024
in
Metals and Mining

Rio Tinto, BHP, BlueScope collaborate on ironmaking ESF plant

In a move towards decarbonizing steel production, Rio Tinto and BHP, in partnership with BlueScope, have announced their joint investigation into the development of...

09 February 2024
in
Oil & gas

Construction of Mozambique LNG to resume mid-2024

TotalEnergies hopes to resume construction on its giant Mozambique LNG project by the middle of 2024, according to Patrick Pouyanne, CEO of TotalEnergies.TotalEnergies...

09 February 2024
in
Other

Assured Guaranty names new global head of origination

Nicholas Proud has been appointed Global Head of Origination of Assured Guaranty's financial guaranty business. Dominic Nathan will assume Proud’s...

09 February 2024

AfDB and TDB form partnership

AFDB has announced a follow-up equity investment of $15 million in the Trade and Development Bank Group’s Class C Green+ shares to support clean technology and low...

09 February 2024
in
Metals and Mining

BMG acquires option over niobium/REE project

BMG Resources has acquired an exclusive option for a 90% interest in three exploration licences located in a region of Western Australia where niobium and rare earth...

09 February 2024
in
Metals and Mining

Alliance Nickel inks term sheet for future offtake from WA mine

Alliance Nickel has agreed a non-binding team sheet with Samsung SDI for future offtake of battery-grade nickel and cobalt sulphate products from the NiWest nickel and...

08 February 2024
in
Power, Renewables

Bpifrance renews investment in Langa International

Bpifrance has renewed its investment in independent French renewable electricity developer Langa International as part of an €85 million capital increase. Management...

08 February 2024
in
Power

GCCI lobbies US Ex-Im for gas to energy project

The Georgetown Chamber of Commerce (GCCI), Guyana's oldest private sector organization, has reached out to the Export-Import Bank of the UNited States in a lobbying...

08 February 2024
in
Oil & gas

Saudi Arabia 'to hire Goldman, Citi, HSBC for Aramco share sale'

Saudi Arabia is set to hire Citigroup, Goldman Sachs, and HSBC Holdings for a secondary share sale in Saudi Aramco, a deal that would raise about $20 billion, it was...

08 February 2024
in
Renewables

Strategic Biofuels and SCOA sign JDA

Strategic Biofuels and Sumitomo Corporation of Americas (SCOA) have entered into a joint development agreement for the Louisiana Green Fuels (LGF) project in...

08 February 2024
in
Transport

GoZero closes funding for EV fleet roll-out

Commonwealth Bank (CBA) has closed $80 million ($52 million) in asset finance facilities with GoZero Group. GoZero helps public and private transport and logistics...

08 February 2024
in
Renewables, Transport

Kenya to partner with NEXI on $500m Samurai Bond

Kenya has entered into a MoU with NEXI for the issuance of a Samurai Bond worth KES80 billion ($495.6 million). A Samurai Bond is a yen-denominated bond issued in Tokyo...

08 February 2024
in
Oil & gas

Woodside and Santos scrap talks on $52bn merger

Australia's Woodside Energy and Santos have ended talks to create a possible A$80 billion ($52 billion) global oil and gas giant. Santos flagged that it would look...

08 February 2024
in
Renewables

Petrobras to invest $18m in green hydrogen pilot

Petrobras is partnering with Brazilian renewable energies innovation institute SENAI-ER to build a pilot electrolysis plant to study aspects of the green hydrogen value...

08 February 2024
in
Power, Renewables

EIB issues final tranche of €1.9bn financing Tyrrhenian Link financing

The EIB and Terna signed the contract for the final tranche of the €1.9 billion financing of the Tyrrhenian Link, the submarine electricity cable connecting the...

08 February 2024
in
Metals and Mining

Pilbara upgrades offtake deal with Chengxin Lithium

Australian lithium producer Pilbara Minerals has amended a spodumene-concentrate supply deal with lithium chemicals producer Chengxin Lithium Group, raising agreed sales...

08 February 2024
in
Oil & gas

Freeport LNG seals third US Exim-backed supplier credit

Freeport LNG Marketing signed a $90 million US Exim-backed supplier credit to fund procurement from its US suppliers on 28 December 2023. Proceeds will also be used for...