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29 August 2024
in
Oil & gas

Oando seals $783m deal for Nigerian Agip Oil Company

Oando has completed its acquisition of 100% of the shareholding interest in the Nigerian Agip Oil Company (NAOC) from Italy's Eni.The $783 million transaction sees...

29 August 2024
in
Oil & gas

Mexico Pacific signs 20-year LNG supply deal with POSCO

Mexico Pacific has entered into a long-term LNG sales and purchase agreement with South Korean energy company POSCO International.  Under the SPA, POSCO will...

29 August 2024
in
Power, Renewables

energyRe raises new platform debt

energyRe has closed a $300 million financing designed to support development expenses and collateral obligations of the company's newly capitalised renewable energy...

29 August 2024
in
Renewables

Port of Brisbane hydrogen hub plan unveiled

Lion Energy has entered into a definitive joint development agreement with DGA Energy Solutions Australia and Samsung C&T to develop a renewable hydrogen hub at the...

29 August 2024
in
Oil & gas

Gunvor H1 profit halves as energy-trading boom slows

Gunvor Group posted its lowest first-half profit since 2021, the latest evidence of how margins for energy trading houses are coming off record highs. First-half profit...

29 August 2024
in
Renewables

Liquid Wind chosen as project developer for Swedish eMethanol plant

Uniper has selected Liquid Wind for the development of the NorthStarH2 project in Ostersund, Sweden. Uniper aims to produce over 100,000 tonnes of eMethanol for the...

29 August 2024
in
Metals and Mining

KDG to acquire majority interest in MC Mining for $90m

South African coal miner MC Mining has entered into an agreement with Hong Kong-listed coal mining and trading group Kinetic Development Group, which will acquire a 51%...

29 August 2024
in
Oil & gas

Qatar said to be last bidder for Russia’s German Rosneft assets

Qatar is the last remaining bidder for the seized German operations of Russia’s state-controlled oil company Rosneft, sources said.A Qatari delegation visited...

29 August 2024
in
Oil & gas

Eni's Geng North gas project to start in 2027

Indonesia expects Eni's nearly $12 billion Geng North gas project to start production in late 2027, among the fastest developments the country has ever seen, the head...

29 August 2024
in
Renewables

Hygreen to invest €2bn into Spanish green hydrogen project

Hygreen Energy will invest up to €2 billion ($2.2 billion) into a green hydrogen production project in the Andalusian region of Spain.Additionally, the Chinese...

29 August 2024
in
Oil & gas

Eco (Atlantic) Oil and Gas seals Block 3B/4B farm down

Eco (Atlantic) Oil & Gas has completed a farm down of a 13.75% participating interest in Block 3B/4B offshore South Africa and transfer of operatorship of the block....

29 August 2024
in
Metals and Mining

BHP doubles down on copper growth after better-than-expected profit

BHP will focus on growing its copper business through existing and incoming projects after its failed attempt to buy Anglo American, it said as it reported a...

28 August 2024
in
Metals and Mining

NAIF approves funding for Hemi project

De Grey Mining has agreed terms with Northern Australia Infrastructure Facility for a A$150 million (about $102 million) loan to support development of the Hemi Gold...

28 August 2024

OeKB issues 3rd GBP benchmark

OeKB has issued its third GBP benchmark deal of the year with a volume of £300 million and a June 2029 maturity.With a spread over Sterling Midswaps of 34 basis...

28 August 2024
in
Metals and Mining

PIF-backed firm bids for 15% stake in Reko Diq

Manara Minerals, backed by the Saudi Arabian sovereign fund PIF is bidding for a 15% stake in Pakistan’s Reko Diq mining project in a deal that could see an...

28 August 2024
in
Renewables

Thai Exim supports Gunkul's renewable energy investments

The Export-Import Bank of Thailand has signed a THB2.325 billion (about $68 million) to support Gunkul Engineering's investment in renewable energy business via the...

28 August 2024
in
Other

Angeliki Kalligiannaki is EBRD's new head of Greece

EBRD has appointed Angeliki Kalligiannaki as its new Head of Greece.Kalligiannaki currently serves as Associate Director, Senior Banker, in the Manufacturing and Services...

28 August 2024
in
Renewables

Uzbek pilot renewable hydrogen project secures funds

A pilot renewable hydrogen facility in Uzbekistan consisting of a 20MW electrolyser and a greenfield 52MW wind power plant has received a $65 million financial...

28 August 2024
in
Infrastructure, Transport

AIIB approves Kochi Metro Phase II loan

Asian Infrastructure Investment Bank (AIIB) has approved a $122.32 million loan for the $229.8 million Kochi Metro Phase II project in India. The deal has been under...

28 August 2024
in
Oil & gas

Goldman commodities trading co-head Qin Xiao to leave

Goldman Sachs commodities trading co-head Qin Xiao is leaving the firm just months after taking on a leadership role for the business.Xiao plans to leave at the end of...