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07 February 2024
in
Oil & gas

Centrica signs LNG supply deal with Repsol

UK-based energy firm Centrica has signed a deal to buy 1 million tonnes of LNG shipments from Spain's Repsol between 2025 and 2027. All of the cargoes are expected to...

07 February 2024
in
Infrastructure

BNDES approves financing for port of Paranagua logistics modernization

BNDES has greenlit financing totalling BRL495 million ($99.5 million) for the enhancement of logistics infrastructure at the Port of Paranagua, situated in the state of...

07 February 2024
in
Agri/Soft Commodities, Waste and water

ECAs fund irrigation project in Nigeria

CBM Developments Company has signed an agreement with the Niger State Government to undertake the irrigation development of 50,000 hectares of land within the state.The...

07 February 2024
in
Transport

Samsung Heavy Industries lands $3.4bn order for 15 LNG carriers

South Korean shipbuilder Samsung Heavy Industries has secured a contract to construct 15 LNG carriers.The contract, worth KRW4.57 trillion ($3.44 billion), is the largest...

07 February 2024
in
Metals and Mining

Chexim to issue $350m loan for Bolivian zinc refinery

Bolivia's government will ink a $350 million deal with China to build the South American country's first zinc refining plant.The 20-year loan from the...

07 February 2024

Orrick adds project finance advisor in Chicago

Orrick has hired project finance and tax equity advisor Alejandra Garcia Earley to its Energy & Infrastructure team as a partner in Chicago.She advises tax equity...

07 February 2024
in
Infrastructure, Transport

Peru receives interest for Tren Macho modernisation

Proinversion has received interest from nine companies for the modernisation of the Huancayo – Huancavelica Railway in Peru.The deadline to submit prequalification...

07 February 2024
in
Renewables

EU to help fund La Robla green hydrogen project

Spanish utility Naturgy Energy and gas grid operator Enagas expect to receive a €42 million ($45.1 million) grant from the European Union to support their La Robla...

07 February 2024
in
Power, Renewables, Telecoms and Communications, Transport

EIB issues €3.2bn for clean energy, transport and business investment

The EIB has approved €3.2 billion of new financing to support clean energy, transport, corporate research and development, and business investment.The board approved...

07 February 2024
in
Renewables

EBRD guarantees €25m for Tsenovo solar plant

The EBRD is guaranteeing up to €25 million ($26.8 million), under its risk-sharing framework, for a loan extended by UniCredit to the Tsenovo solar plant in...

07 February 2024

New role at Lloyds for Sengupta

Surath Sengupta has joined Lloyds Banking Group as managing director and head of trade and working capital innovation and transformation. Until April 2023, Sengupta was...

07 February 2024
in
Metals and Mining

Gecamines, EGC secure mining rights in Congo's cobalt sector

Gecamines and its subsidiary Entreprise Generale du Cobalt (EGC) have finalized an agreement granting EGC exclusive mining rights to five key mining areas. This agreement...

07 February 2024
in
Other

Finverity names leadership changes

Trade and supply chain finance group Finverity has unveiled a number of changes to its executive team.Symmie Swil has been promoted to the role of Chief Operating...

07 February 2024
in
Metals and Mining

Trafigura, Kamoa-Kakula sign up to be first Lobito railway corridor customers

Trafigura and Kamoa-Kakula have agreed long-term commitments to transport minerals via the Lobito Atlantic Railway for a minimum term of six years. The terms of the...

07 February 2024
in
Other

Ebury launches direct currency solution for Brazil

Ebury has introduced a new solution facilitating direct transactions between the Brazilian real and the Chinese yuan. Traditionally, transactions between Brazil and...

07 February 2024
in
Metals and Mining

High Court backs traditional owners over mine project

Traditional owners from the Gulf of Carpentaria region, off the northern coast of Australia, have won a High Court appeal preventing Glencore expanding on to Aboriginal...

07 February 2024
in
Oil & gas

DNO acquires stake in Arran Field

DNO Exploration UK will purchase a 25% stake in the Arran field on the UK Continental Shelf from ONE-Dyas E&P. The cash component of the deal amounts to $70 million,...

07 February 2024
in
Other

Commerzbank chooses Surecomp's DOKA-NG

Commerzbank has chosen to deploy Surecomp's DOKA-NG solution for back-office trade finance processing across multiple entities. DOKA-NG will be hosted in the...

07 February 2024
in
Oil & gas

Tokyo Gas acquires stake in ARM Energy Trading

ARM Energy Holdings has announced that Tokyo Gas America has acquired a minority equity interest in a newly-formed entity, ARM Energy Trading. ARM Energy Trading is...

07 February 2024
in
Metals and Mining

Kathleen Quirk is new CEO of Freeport-McMoRan

Freeport-McMoRan has appointed Kathleen Quirk as President and Chief Executive Officer to be effective at the annual meeting of shareholders on June 11, 2024. Quirk will...