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08 April 2024
in
Power

PV Power closes $300m loan for Nhon Trach 3 and 4 LNG power plants

PetroVietnam Power has finalised a deal with Citibank and ING for a $300 million short-term loan. The funds will be used to support the construction of the Nhon Trach 3...

08 April 2024
in
Metals and Mining

Abra calls in administrators

Abra Mining has appointed administrators, calling in Richard Tucker and Robert Hutson of KordaMentha. The company, a joint venture between Galena Mining (60%) and CBH...

08 April 2024

Keynote: Ron on SACE’s fully caffeinated export and import strategy

Michal Ron, Chief International Business Officer at SACE, discusses Italy’s record export finance volumes as it moves into ‘fifth gear’ on its ambitious ‘push strategy’....

08 April 2024

Mabanaft seals acquisition of WESTFA Energy

Hamburg-headquartered Mabanaft has completed the acquisition of WESTFA Energy, including all its subsidiaries and shareholdings. It follows the December 2023 agreement to...

08 April 2024
in
Renewables

Uniper delays H2Maasvlakte hydrogen project

Uniper has admitted its flagship green hydrogen project in the Netherlands, H2Maasvlakte in the Port of Rotterdam, will be delayed despite recently being on course to...

08 April 2024
in
Renewables

Freeths expands energy sector offering in the North

Freeths has established a new energy offering in the North of England with the appointment of Partner Deborah Harvey, expanding on its wider national practice.Joining...

08 April 2024
in
Oil & gas

Final investment decision taken on Brasse

A group of Norweigan oil and gas firms have made a final investment decision on its Brasse field in the northern North Sea.The field is set to be renamed Bestla and will...

08 April 2024
in
Metals and Mining

Rio Tinto appoints Bold Baatar as Chief Commercial Officer

Rio Tinto has appointed Bold Baatar to the role of Chief Commercial Officer. Bold will succeed Alf Barrios, following his decision to retire from the company.Bold, who is...

08 April 2024
in
Renewables

Colombian DFI signs MIGA-backed loan

Colombian development bank FDN signed a COP700 million ($185 million) MIGA-covered loan on 12 February this year. Proceeds will be used for funding relevant financing...

08 April 2024
in
Infrastructure

NIB finances Latvia’s air traffic navigation investments

NIB has signed a nine-year loan with Latvian air transport infrastructure company Latvijas Gaisa Satiksme to co-finance its 2024–2026 investment programme for air...

08 April 2024
in
Metals and Mining

Orion to divest 8.3% Capstone stake

Three Orion funds are planning to divest an 8.3% stake in Capstone Copper, an Americas-focused copper mining company. The secondary offering is anticipated to have a...

08 April 2024
in
Oil & gas

Granite Ridge Resources expands revolver

Granite Ridge Resources has increased the borrowing base on its RCF from $275 million to $300 million. The company also raised the aggregate elected commitments by 25% to...

08 April 2024
in
Oil & gas

Cedar LNG costs rise to $3.4bn, ARC supply deal signed

Pembina Pipeline has warned that costs on the Cedar LNG project have risen to $3.4 billion as the company works toward a FID by the middle of this year.The cost for Cedar...

08 April 2024
in
Oil & gas, Other

Lula mulls putting BNDES president in charge of Petrobras

Brazilian President Lula is considering appointing Aloizio Mercadante, currently the president of BNDES, as the replacement for Jean Paul Prates at the helm of...

08 April 2024
in
Metals and Mining

Court approves Winsome’s Renard project option

Winsome Resources has paid a C$4 million (about $2.9 million) option fee to secure the acquisition rights for the Renard project, in Quebec.This comes as the Superior...

08 April 2024
in
Metals and Mining

Santacruz, Glencore amend terms of sale of Bolivian mining assets

Santacruz Silver Mining has reached a binding agreement with Glencore entities to amend certain transaction documents related to the prior sale of Glencore's Bolivian...

08 April 2024
in
Oil & gas

Vitol 'posts $13bn profit in 2023'

Vitol made a net profit of $13 billion in 2023, the Financial Times reported, citing people with knowledge of the company's results. This is down from a...

08 April 2024
in
Other

Leslie Maasdorp to step down as VP of NDB

Leslie Maasdorp is stepping down as Vice President of the New Development Bank after serving for nine years.Maasdorp was appointed Vice President by the Cabinet in July...

05 April 2024
in
Infrastructure

Montenegro airports final bids progressing

Final offers for a 30-year concession to run Montenegro’s two international airports, in Podgorica and Tivat, are expected to be submitted by this summer. IFC is...

05 April 2024
in
Renewables

Solarig acquires land for Spanish SAF project

Solarig has reached an agreement with the Castilla y Leon authorities to acquire land for a project to produce sustainable aviation fuel in Soria, Spain.The Numantia SAF...