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28 May 2024
in
Metals and Mining

South32 signs earn in deal with Hammer Metals

South32 has entered an earn-in agreement with Hammer Metals, providing the opportunity to acquire an 80% interest in the Isa Valley Project, part of Hammer’s Mount...

28 May 2024
in
Renewables

Aramco 'eyes stake in Repsol’s renewables business'

Saudi Aramco is interested in acquiring a minority stake in the renewable energy division of Spanish oil company Repsol.This development comes as Repsol seeks investment...

24 May 2024
in
Manufacturing & equipment

US Ex-Im backs SC's loan to FEICOM for equipment purchase

The Government of Cameroon has secured loan agreements to finance the shipment of civil engineering equipment worth XAF50.25 billion ($83 million) from the US to...

24 May 2024
in
Oil & gas

Petrobras approves Magda Chambriard as new CEO

Petrobras' board has approved the nomination of Magda Chambriard as the company's new chief executive.Chambriard, a four-decade industry veteran, has already...

24 May 2024
in
Metals and Mining

Metinvest secures BSTDB funding for Ukrainian mining

BSTDB is providing a new €10 million ($10.8 million) short-term facility to one of the subsidiaries of Metinvest Group.The loan aims to enhance the export of iron...

24 May 2024
in
Oil & gas

Equinor unveils $1bn investment in Troll field

Equinor and its partners will invest just over NOK12 billion (around $1.13 billion) to further develop the gas infrastructure in the Troll West gas province in the North...

24 May 2024
in
Metals and Mining

Lundin links $2.55bn loan facilities to ESG targets

Lundin Mining has made changes to its credit facilities, including a $1.75 billion RCF and a $800 million term loan, to introduce a sustainability-linked loan structure....

24 May 2024
in
Oil & gas

ADNOC, Aramco mull bids for Shell's South Africa assets

ADNOC and Saudi Aramco are among companies weighing bids for Shell's downstream assets in South Africa, sources said.South Africa's Sasol is also considering an...

24 May 2024
in
Infrastructure, Transport

CIB loans C$150m for CANXPORT phase I

The Canada Infrastructure Bank (CIB) has closed a C$150 million ($109 million) loan to the Prince Rupert Port Authority (PRPA) for first phase of the CANXPORT project.The...

24 May 2024

KUKE, Caixa partner on financing Polish export-oriented investments

KUKE and Caixabank have joined forces to offer financing solutions for Polish enterprises aiming to develop production related to export activities.As part of KUKE's...

24 May 2024
in
Other

Swift extends ISO 20022 across entire payment chain

Swift has unveiled plans to help financial institutions streamline the cross-border payments experience for their corporate customers by extending ISO 20022 across the...

24 May 2024
in
Metals and Mining

NioCorp engages JP Morgan for Elk Creek ECA financing

NioCorp has engaged JPMorgan to seek debt financing for its proposed Elk Creek critical minerals project. The company aims to secure this financing with the support of...

24 May 2024

Hoping for clear skies for transition, innovation, cyber and geopolitics, at BU Oslo

At the Berne Union’s flagship spring meeting in Norway, enthusiasm over opportunities for ECAs on climate and energy transition, technology and innovation, were balanced...

24 May 2024
in
Oil & gas

National Grid seeks buyer for Europe's biggest LNG terminal

National Grid is looking to sell its Grain LNG terminal in the UK, Europe's largest such facility, in a bid to streamline operations.Located on the Isle of Grain in...

24 May 2024
in
Infrastructure

Afreximbank to provide $115m to NRZ

The National Railways of Zimbabwe (NRZ) is on track to secure the $115 million loan facility from Afreximbank after the Government approved the establishment of a SPV...

24 May 2024
in
Oil & gas

Repsol awarded US license to operate in Venezuela

Spain's Repsol has obtained a license from the US to keep operating in Venezuela after May 31.Oil firms that want to stay in Venezuela have been applying for permits...

24 May 2024
in
Renewables

AfDB issues EoI for floating solar project feasibility study

AfDB has extended a request for EoI, asking for consulting firms to provide services under SEFA’s Africa Hydropower Modernization Program to support the bank and...

24 May 2024
in
Renewables

AfDB'S SEFA funds mini-grid pilot programme

AfDB has approved $8 million to support the rollout of a pioneering pilot mini-grid programme with potential Africa-wide benefits.The funding, provided by the...

24 May 2024
in
Renewables

Queensland blocks Glencore's carbon storage project over groundwater risk

A Glencore carbon capture and storage project in eastern Australia cannot go ahead because it could irreversibly harm groundwater used by farmers, a state government...

24 May 2024
in
Metals and Mining

Aris Mining increases stake in Soto Norte project

Aris Mining has entered into an agreement with MDC Industry Holding Company (Mubadala) to acquire an additional 31% joint venture interest in the Soto Norte gold-copper...