ChemOne's PEC project secures $3.5bn but faces further delay
ChemOne Group's Pengerang Energy Complex (PEC) has successfully negotiated terms on an ECA-backed $3.5 billion financing package. Pricing on the 16-year loan is high...
ChemOne Group's Pengerang Energy Complex (PEC) has successfully negotiated terms on an ECA-backed $3.5 billion financing package. Pricing on the 16-year loan is high...
Orsted has secured around DKK1 billion ($140.8 million) for its Greater Changhua 4 offshore wind project in Taiwan.The financing package will be supported by guarantees...
The Brazilian Senate has adopted a bill regulating offshore wind licensing, development and operation that was first introduced in 2021. The bill establishes an...
ADNOC has signed a third SPA for the lower-carbon Ruwais LNG project, this time with Germany’s EnBW. The 15-year SPA for supplying 0.6 million tonnes per annum of...
The Philippines’ Department of Energy (DOE) will hold the fifth round of the Green Energy Auction (GEA-5), exclusively dedicated to offshore wind projects, in Q3...
Glencore has hired ex-BP trader Aditya Ravavarapu to lead its Asian crude oil trading team in Singapore, sources said.Ravavarapu is currently on gardening leave and will...
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...
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...
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...
Armenian Economic Minister Gevorg Papoyan has revealed that discussions are ongoing with commercial banks after the Eurasian Development Bank rejected a loan to operate...
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...
HSBC Holdings triggered the shuttering of trade finance firm Stenn Technologies after uncovering transactions that were supposed to be with key customers but were...
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...
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...
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...
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...
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...
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...
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...
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...