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10 April 2024
in
Oil & gas

Lukoil acquires 50% stake in Kalamkas Sea project

Lukoil has finalised the acquisition of a 50% stake in the Kalamkas Sea project from KazMunayGas (KMG) in a deal valued at $200 million. With this acquisition, Lukoil...

10 April 2024
in
Agri/Soft Commodities

Czarnikow reveals record 2023 profits

Czarnikow has revealed record annual profits for 2023 amounting to $93.9 million. This figure marks a 21% year-on-year increase from $77.6 million in 2022.Overall...

10 April 2024
in
Oil & gas

PetroVietnam Gas signs LNG supply deal with EVN

PetroVietnam Gas has sealed an agreement with Vietnam's power utility EVN to supply LNG. Under the deal, PV Gas, the operator of the Thi Vai LNG terminal, will...

09 April 2024
in
Renewables

H2Sines.Rdam project quietly dropped

H2Sines.Rdam, a proposed 400MW green hydrogen project in Portugal has been quietly scrapped, according to co-developer Engie.The project was being developed by Engie,...

09 April 2024
in
Infrastructure

Two Colombia highway projects reach financial close

KMA Construcciones and Grupo Ortiz have achieved a financial close for the concessions of two 5G highways in Colombia: Autopista Magdalena Medio (Troncal del Magdalena 1)...

09 April 2024
in
Power

Globeleq's Red Sands awarded preferred bidder status

Globeleq's Red Sands project, in the Northern Cape, has been awarded preferred bidder status in South Africa's Energy Storage Capacity Independent Power Producer...

09 April 2024
in
Metals and Mining

Volt’s funding pipeline exceeds A$150m

Critical minerals and battery materials company Volt Resources has submitted multiparty bids for nondilutive funding that have the potential to deliver more than A$150...

09 April 2024
in
Oil & gas

Chevron finally exits Myanmar

Chevron has finally exited Myanmar, giving away its stake in the producing Yadana gas asset to existing operator PTTEP of Thailand and partner state-owned Myanma Oil...

09 April 2024
in
Chemicals/Petrochemicals, Infrastructure, Oil & gas

WFW expands pan-Asian energy offering with double partner hire

Watson Farley & Williams has appointed energy experts Clarinda Tjia-Dharmadi and Merrick White as partners in Singapore. They join from McDermott, Will &...

09 April 2024
in
Renewables

OCP, Fortescue unveil green hydrogen, ammonia JV

OCP Group and Fortescue Energy have unveiled a JV in Morocco. The partnership aims to supply green hydrogen, ammonia, and fertilizers to Morocco, Europe, and...

09 April 2024
in
Oil & gas

Shell, Aramco 'in final stage of Pavilion Energy talks'

Shell and Saudi Aramco, which are competing to buy the assets of Temasek-owned LNG trading firm Pavilion Energy, are now locked in price negotiations after completing the...

09 April 2024
in
Renewables

IFC, BNPP Poland launch SRT transaction to increase climate finance in Poland

IFC and BNPP Poland have announced a new Synthetic Significant Risk Transfer transaction, which will help increase sustainable finance for renewable energy, water...

09 April 2024
in
Other

VTX, Yes Bank partner on trade finance

Vayana TradeXchange has formed a trade finance partnership with Yes Bank. The partnership aims to provide competitively priced credit solutions to both buyers and sellers...

09 April 2024
in
Other

Africa50 helps Zeepay raises equity to support expansion

Fintech company Zeepay Ghana has completed an equity investment by pan-African investment firms Africa50, Oikocredit, Injaro, Verdant Capital Hybrid Fund, and I&P....

09 April 2024

Nigeria to receive $1.05bn Afreximbank loan in May

The Nigerian government is set to obtain a syndicated loan worth $1.05 billion by the end of May. The loan, backed by oil, aims to revive the Nigerian economy and improve...

09 April 2024
in
Metals and Mining

Azure Minerals approves Rinehart-SQM takeover

Shareholders in Azure Minerals have approved the Australian lithium miner’s takeover by billionaire Gina Rinehart’s private company Hancock Prospecting and...

09 April 2024

ACME, Hydrogenious sign Oman-Europe hydrogen value chain MoU

ACME Group and Hydrogenious LOHC Technologies have signed an MoU to collaborate on a feasibility study to explore the joint development of large-scale hydrogen supply...

09 April 2024

Global Infrastructure Hub to join the World Bank

Global Infrastructure Hub is joining the World Bank’s Infrastructure Practice Group as an associated trust fund to the Public Private Infrastructure Advisory...

09 April 2024
in
Oil & gas

Shell considers quitting London for New York

Shell is considering quitting the LSE for New York in what would be the biggest blow to the UK’s struggling stock market so far.Wael Sawan, the oil giant’s...

09 April 2024
in
Oil & gas

TotalEnergies raises natural gas production in the US

TotalEnergies has entered into an agreement with Lewis Energy Group to purchase the latter’s 20% interest in Dorado leases in Eagle Ford shale. These Dorado leases...