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16 December 2024
in
Oil & gas

bp and XRG close deal to launch Arcius Energy

bp and XRG have reached financial close and completed formation of their new JV and international natural gas platform – Arcius Energy.Announced in February, Arcius...

16 December 2024
in
Renewables

Vireon attracts more funds for Finnish green hydrogen project

Business Finland has awarded a €3.8 million ($3.98 million) grant to Norwegian Hydrogen's refuelling subsidiary Vireon to support the construction of a 5MW...

16 December 2024
in
Metals and Mining

Agnico to acquire O3 Mining for $143m

Agnico Eagle Mines has announced the friendly acquisition of O3 Mining in a C$1.67 ($1.17) per share cash transaction, valued at around C$204 million ($143 million).O3...

16 December 2024
in
Metals and Mining

EDB rejects loan for Amulsar gold mine

Armenian Economic Minister Gevorg Papoyan has revealed that discussions are ongoing with commercial banks after the Eurasian Development Bank rejected a loan to operate...

16 December 2024
in
Power

Surkhandarya CCGT closes €1.2bn ECA/DFI-backed loan

A consortium known as SCE-Quvvat - comprising QuWatt, Siemens Energy, Nebras Power and EDF - has closed a €1.2 billion ($1.26 billion) ECA and DFI-backed project...

16 December 2024
in
Other

HSBC 'sent Stenn into administration over client list fears'

HSBC Holdings triggered the shuttering of trade finance firm Stenn Technologies after uncovering transactions that were supposed to be with key customers but were...

16 December 2024
in
Transport

Petrobras awards $2.8bn contracts for 12 new PSVs

Petrobras has awarded contracts worth BRL16.5 billion ($2.8 billion) for the construction of 12 platform supply vessels (PSVs).The company has awarded contracts to Edison...

13 December 2024
in
Renewables

Bpifrance, Credendo to back Rely's green hydrogen projects

Belgium-based Rely, the JV created by Technip Energies and John Cockerill to develop large-scale green hydrogen and Power-to-X production solutions, has signed an MOU...

13 December 2024

New SME, midcap role at Finnvera for Juha Ketola

Finnvera has appointed Juha Ketola as Executive Vice President responsible for SME and midcap financing and member of the Management Group. Ketola has acted as interim...

13 December 2024
in
Renewables

TKF awarded cable contract for Inch Cape Wind Farm

TKH Group subsidiary TKF has been awarded a turnkey inter-array cable contract by Inch Cape Offshore Limited for the Inch Cape Wind Farm, off the East Coast of...

13 December 2024
in
Renewables

Kansai to acquire a 49% interest in Iberdrola’s Windanker project

Kansai Electric Power has signed a share purchase agreement with Iberdrola to acquire a 49% stake in the Windanker offshore wind farm project, off the German coast.The...

13 December 2024
in
Renewables

Enefit submits EIA for Liivi Bay offshore wind project

Enefit Green has completed the environmental impact assessment for the Liivi Bay offshore wind farm in the Gulf of Riga.The project, off the coast of Estonia, is planned...

13 December 2024
in
Power

Australia’s opposition unveils $211bn nuclear plan

Australia’s main opposition group laid out a A$331 billion ($211 billion) plan to create a taxpayer-funded nuclear power industry in just over a decade, despite the...

13 December 2024
in
Power

US Ex-Im issues LOI for UK micro nuclear plant funding

US start-up Last Energy has received a tentative offer of $103.7 million in debt financing from the Export-Import Bank of the United States to set up the first of four...

13 December 2024
in
Renewables

DH2 Energy unveils Extremadura green hydrogen plans

DH2 Energy will invest €2.25 billion (about $2.36 billion) to develop 1.5GW of green hydrogen in Extremadura, Spain.The company's most advanced project under...

13 December 2024
in
Renewables

BOEM plans Gulf of Mexico wind auction

The Bureau of Ocean Energy Management (BOEM) has issued a Determination of Competitive Interest in two Wind Energy Areas (WEAs) in the Gulf of Mexico. The...

13 December 2024
in
Transport

Scorpio Tankers signs $500m revolver

Scorpio Tankers has received commitments for a revolving credit facility of up to $500 million.The RCF is a 100% revolving loan, which has a final maturity of seven years...

13 December 2024
in
Metals and Mining

Grid Metals signs deal with Teck to develop Makwa nickel project

Grid Metals has signed a definitive option and JV agreement with Teck Resources aimed at developing the Makwa nickel project in south-eastern Manitoba, Canada.This...

13 December 2024

Kazera signs mineral sands offtake deal with Fujax South Africa

Kazera Global subsidiary Whale Head Minerals (WHM) has signed a sales and offtake agreement for its heavy mineral sands production with Fujax South Africa – a...

13 December 2024

Keynote: Sparking a new chemical reaction at the BU with President Akita

Yuichiro Akita, President of the Berne Union and general manager, international and strategic policy, at Nippon Export and Investment Insurance (NEXI), explains his...