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28 August 2024
in
Renewables

Province pulls plug on gigawatt-scale HyEnergy project

Province Resources has shelved its 550,000 tonnes-per-year HyEnergy green hydrogen development, blaming the project's failure on the “unsupportive”...

28 August 2024
in
Transport

Qingdao Yangfan Shipbuilding signs Atradius-backed loan

Qingdao Yangfan Shipbuilding Co has signed a €24 million Atradius-backed loan to finance the purchase of one container ship.Signed on 26 July, the loan was provided...

28 August 2024
in
Oil & gas

New Zealand to reverse oil and gas exploration ban by year-end

The New Zealand government is planning to pass legislation by the end of the year to lift the ban on offshore oil and gas exploration.The development comes as the nation...

28 August 2024
in
Agri/Soft Commodities

Olam Agri appoints Baibhav Biswas as Country Head in Ghana

Olam Agri has appointed Baibhav Biswas as Country Head in Ghana. He takes over from Amit Agrawal, who has led the organisation for over 15 years. Biswas has held...

28 August 2024
in
Chemicals/Petrochemicals

Africa’s largest methanol plant gets AFC, IFC support

Africa Finance Corporation is arranging a project development facility to support the continent's largest gas-to-methanol plant.The project in Akwa Ibom, Nigeria,...

28 August 2024
in
Metals and Mining

Uranium firm ERA to raise A$880m at steep discount

Uranium mining company Energy Resources of Australia announced an A$880 million ($598 million) capital raise to fund rehabilitation work at the Ranger project area, in...

28 August 2024
in
Metals and Mining, Power, Renewables

Aggreko to expand Granny Smith mine's green power

Aggreko has unveiled plans to expand renewable energy and battery storage at Gold Fields’ Granny Smith mine in Laverton, Western Australia.The decarbonisation of...

28 August 2024
in
Metals and Mining

CuFe to divest JWD mine iron ore rights in WA to Newcam

CuFe has signed a binding term sheet for the sale of its iron ore rights at the JWD mine in Western Australia to Newcam for A$12 million ($8.1 million) in cash.The...

28 August 2024
in
Manufacturing & equipment, Renewables

Chinese investors to build small HPS and cement plant in Tyup

A small hydroelectric power station and a cement plant will be built in Tyup, Kyrgyzstan, by Chinese investors. The corresponding agreement was signed with...

28 August 2024
in
Oil & gas

Africa Oil gains right to acquire additional Impact shares

Africa Oil has signed a call and put option agreement with three shareholders in Impact Oil and Gas to purchase a material 7% interest in Impact. If exercised, the Option...

27 August 2024

Williamson adds to UKEF roles

Carl Williamson has been elevated within UK Export Finance to embrace a new role as director of trade and SME finance and co-head of the Business Group. Prior to joining...

27 August 2024
in
Renewables

Linde signs Path2Zero project supply deal

Linde has signed a long-term agreement for the supply of clean hydrogen to Dow’s Fort Saskatchewan Path2Zero Project. The company will invest more than $2...

27 August 2024

Waters to leave ICBC as head of global loan syndication

Mark Waters is set to leave ICBC as head of global loan syndication after joining the Chinese bank in December 2019. It is unclear who will replace Waters or where he...

27 August 2024
in
Oil & gas

ENI gets Indonesian approval for Geng North and Gehem fields

Indonesian authorities have approved Eni's Plan of Development of the Geng North and Gehem fields. The development of the two fields will create a new production...

27 August 2024
in
Renewables

AM Green Ammonia reaches FID on India project

AM Green Ammonia has taken a final investment decision for its first million-tonne project located in Kakinada, Andhra Pradesh, India. Reaching FID for this project...

27 August 2024
in
Metals and Mining

Lifezone and DFC in talks over Kabanga support

Lifezone Metals subsidiary Kabanga Nickel has signed a retainer letter with DFC to begin the evaluation process for political risk insurance coverage for future...

27 August 2024

JBIC funds Tsumura's Chinese production

JBIC has signed a JPY8.6 billion (about $59 million) loan with Tsumura & Co for the manufacturing of extract powder, an essential intermediate product for the...

27 August 2024
in
Oil & gas

Amigo LNG signs 20-year supply deal with E&H Energy

Amigo LNG, a subsidiary of Singapore-based LNG Alliance, has secured a long-term LNG supply agreement with E&H Energy of Malaysia.Starting in the third quarter of...

27 August 2024
in
Oil & gas

LNG entities under US sanctions to curb Russia's Arctic LNG 2 project

The US imposed sanctions on over 400 entities and individuals for supporting Russia's war effort in Ukraine, the State Department said.The list includes companies...

27 August 2024
in
Oil & gas

Qatar strikes another 15-year LNG supply deal with Kuwait

Qatar has agreed to supply Kuwait with three million tonnes per annum of LNG for 15 years, the second such deal since 2020 as Kuwait imports the fuel to help meet rising...