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15 April 2024
in
Oil & gas

US regional banks step up fossil fuel loans

A number of US banks have stepped up support for oil & gas and coal in response to falling appetite among European lenders. According to Bloomberg analysis,...

15 April 2024
in
Manufacturing & equipment

Intesa closes ECA-backed loan with Misitano & Stracuzzi

Intesa Sanpaolo and SACE are joining forces to support the growth plans of Sicilian company Misitano & Stracuzzi. The company has received a €3 million ($3.2...

15 April 2024
in
Metals and Mining

Saudi Arabia may invest $1bn in Reko Diq mine

Saudi Arabia may invest up to $1 billion in Pakistan's Reko Diq copper-gold project. Shares are currently on offer from the state-owned Oil and Gas Development...

15 April 2024
in
Metals and Mining

Horizonte Minerals fails to secure rescue financing

Glencore-backed Horizonte Minerals has failed to secure a full financing package for the Araguaia nickel project as the company battles rising costs. It was revealed at...

15 April 2024

Pinaki Roy joins MonetaGo in India

Pinaki Roy has joined MonetaGo, a trade finance fraud mitigation fintech as senior advisor, based in India. Roy has an extensive career in trade finance and treasury, and...

12 April 2024
in
Chemicals/Petrochemicals, Oil & gas

UK government challenged over support for Project One despite Grangemouth closure

The UK government has been challenged over its decision to act as a guarantor for a petrochemical company that is threatening job losses in Scotland while building a...

12 April 2024
in
Infrastructure, Renewables

JBIC, DFC renew infrastructure, critical minerals MoU

JBIC and DFC have renewed their bilateral MoU to scale investments that target sectors including quality infrastructure, energy transition, and supply chains—...

12 April 2024
in
Power, Renewables

Pacific raises A$350m for off-grid projects

Pacific Energy has completed a new A$350 million ($225 million) debt facility to fund the roll out of remote and off-grid renewable energy systems.The latest facility...

12 April 2024
in
Renewables

PPC and MYTILINEOS sign agreement for 2GW solar portfolio

PPC Group and MYTILINEOS Energy & Metals have signed a Cooperation Framework Agreement for the development and construction of a portfolio of solar projects.The value...

12 April 2024

Origin names Tony Lucas as next CFO

Origin Energy Limited has appointed Tony Lucas as Chief Financial Officer, effective from July 1, 2024. Lucas is currently the Executive General Manager of...

12 April 2024
in
Manufacturing & equipment

SACE backs Intesa's loan to Yachtline Arredomare 1618

Intesa Sanpaolo has finalised a loan agreement of €3 million ($3.2 million) with Yachtline Arredomare 1618, with Futuro guarantee from SACE. The funds will be used...

12 April 2024
in
Power, Renewables

Origin acquires 1.5GW wind farm in NSW

Origin Energy Limited has entered into an agreement to acquire Virya Energy’s Yanco Delta Wind Farm in New South Wales’ South West Renewable Energy Zone...

12 April 2024
in
Renewables

French section of MosaHYc reaches FID but Germans wait on funds

Engie has announced that its subsidiary GRTgaz has taken a FID on the €110 million (about $117 million) hydrogen pipeline project MosaHYc, which will connect green...

12 April 2024
in
Metals and Mining

Gerald Group earns green loan status for $650m facility

Gerald Group has announced that its North American trading hub GT Commodities' borrowing base sublimit for low-carbon aluminum qualifies as a green sublimit to issue...

12 April 2024
in
Oil & gas

New Fortress Energy cuts London trading staff

New Fortress Energy has dismissed an LNG trader and a strategist in London, according to sources.The departures involved Peter Leoni, head of LNG supply and trading, and...

12 April 2024

Richard Holtum primed to take over at Trafigura

Jeremy Weir, longtime chief executive at commodities trader Trafigura, is priming successor Richard Holtum to take over when he decides to step back into a chairman role,...

12 April 2024
in
Infrastructure, Renewables

Pushing out ECA tenor envelopes

The export finance community’s calls for OECD reform are being answered. But amid the news certain ESG-friendly projects can tap longer tenors, there remains scepticism...

12 April 2024
in
Metals and Mining

Kuya Silver closes second tranche of private placement to restart Bethania mine

Kuya Silver has completed the second and final tranche of a non-brokered private placement. In partnership with Trafigura, which invested $970,000 through two of its...

12 April 2024
in
Oil & gas

Global Partners seals acquisition of liquid energy terminals

Global Partners has completed the acquisition of four liquid energy terminals for a total of $212.3 million from Gulf Oil Limited Partnership. With a combined shell...

12 April 2024
in
Other

WTO predicts global trade rebound but warns of downside risks

Global goods trade is expected to pick up gradually this year following a contraction in 2023 that was driven by the lingering effects of high energy prices and...