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19 August 2024
in
Agri/Soft Commodities

Cocobod in talks with traders as predicted output falls

Cocobod is in talks with cocoa traders for up to $500 million in financing amid fears that its production figures will fall for the third consecutive year. Olam Group and...

19 August 2024
in
Transport

BW LPG acquires 12 VLGCs from Advance Gas

BW LPG Limited has entered into agreements to acquire 12 modern Very Large Gas Carriers (VLGCs) from Avance Gas Holdings Ltd. (AGAS) for $1.05 billion.The fleet comprises...

19 August 2024
in
Metals and Mining

Euler Hermes set to support EcoGraf graphite project

EcoGraf has secured confirmation that it is eligible for a $105 million loan in support of the Epanko Graphite Project under Germany's untied lending...

19 August 2024

Saudi Exim reveals 128% business uplift

Saudi Exim has revealed a 128% rise in its facilities for non-oil exports year-on-year for H1 2024 to SAR16.31 billion ($4.34 billion). This figure includes SAR7.03...

19 August 2024
in
Infrastructure

Timor-Leste proceeding with airport PPP

The government of Timor-Leste has given the go-ahead for a project to expand and modernise President Nicolau Lobato International Airport in Dili.The project includes...

19 August 2024
in
Infrastructure

BII to back Port of Banana project

British International Investment (BII) has committed to invest up to $35 million towards the development of the first phase of the first deepwater container port in DRC...

18 August 2024
in
Oil & gas

Gran Tierra Energy signs new $150m facility

Gran Tierra Energy through subsidiaries Gran Tierra Energy Colombia and Gran Tierra Colombia entered into a credit facility of up to $150 million. The facility...

16 August 2024
in
Metals and Mining

Chinalco 'eyes stake in biggest Philippine copper mine'

Aluminum Corp of China is considering investing in what is set to be the Philippines’ largest gold and copper mine as part of its efforts to boost its global...

16 August 2024
in
Transport

Carnival to sign $4.5bn ECA-backed loan next month

Carnival Corporation is expected to sign a $4.5 billion ECA-backed loan to finance the purchase of three new class of cruise ships from Fincantieri next month.BNP Paribas...

16 August 2024
in
Metals and Mining, Power

National Australia Bank rules out thermal coal lending

National Australia Bank has announced that it will not finance new-to-bank thermal coal mining customers or new thermal coal mining projects. It comes as leading...

16 August 2024
in
Oil & gas

LNG terminal operator sues European Commission over aid to rival

The operator of Germany's first onshore LNG terminal is suing the European Commission for approving state subsidies for a rival terminal, the Hanseatic Energy Hub...

16 August 2024

UKEF financials reveal increase in claims for 2024

The recent release of UKEF’s financial accounts for the 2023-24 period has revealed that claims paid increased dramatically to £258 million ($333 million)....

16 August 2024
in
Oil & gas

Barclays Capital and ENI sign US LNG supply and marketing deal

Barclays Capital has signed a LNG supply and marketing agreement with Italy's ENI under which Barcap will market LNG supplied to the Cameron import terminal in...

16 August 2024
in
Renewables

Celtic Sea Power secures funds for offshore hydrogen project

Celtic Sea Power has secured Innovate UK funding to deliver its Milford Haven: Hydrogen Kingdom (MH: HK) project, focused on pioneering offshore hydrogen production.The...

16 August 2024
in
Metals and Mining

Canada injects $17m into Saskatchewan critical minerals

The Canadian Government is stumping up additional funding of over C$16 million ($17.6 million) to help commercialise new critical mineral discoveries in Saskatchewan.With...

16 August 2024
in
Metals and Mining

Victoria Gold under receivership order from Yukon Government

Victoria Gold says the Ontario Superior Court of Justice had granted an order appointing PricewaterhouseCoopers as the receiver and manager of the Victoria Gold...

16 August 2024

MIGA boosts Panama’s SMEs and affordable housing

MIGA has issued a guarantee of $584.6 million to JPMorgan Chase, HSBC, and Standard Chartered for their loans to Banco Nacional de Panama. The guarantee will cover...

16 August 2024
in
Other

DP World Trade Finance partners with BBK

The Bank of Bahrain and Kuwait (BBK) is partnering with DP World Trade Finance to boost its presence in Bahrain, Kuwait, UAE, India and Turkey.The partnership outlines a...

16 August 2024

Saudi Exim Bank, ICIEC partner to boost trade in OIC countries

ICIEC is expanding its cooperation with the Saudi EXIM Bank to boost trade within the Organization of Islamic Cooperation (OIC).The partnership has already led to access...

16 August 2024
in
Oil & gas

India’s IOC buys 3m bbls Oct-loading Murban crude, sources say

Indian Oil has purchased three million barrels of Abu Dhabi Murban crude for October loading via a tender, trade sources said.The robust demand for Abu Dhabi light grades...