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...

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...

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...

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...

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...

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...

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...

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

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...

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...

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...

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...

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...

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...

McKinsey & Company has released a report on commodity trading in 2024, highlighting the opportunities in cross-commodity trading and power. While volatility has...

While the growth of untied ECA lending provides flexibility for ECAs to compete with non-OECD ECAs, the inconsistent methodologies of this nascent product are a reminder...

Olam Agri has secured a $625 million murabaha facility that marks its first Shariah-compliant financing. The diversified group of investors includes lenders from the UAE,...

South Korea’s Ministry of Trade, Industry & Energy has granted RWE a 495MW Electricity Business Licence (EBL) to develop the Seohae offshore wind project.The...

Trafigura CFO Christophe Salmon and executive director Jose Maria Larocca are set to retire. Stephan Jansma, CFO Asia Pacific, will take over the role of CFO....

Hochschild Mining has completed the sale of its Crespo silver project in southern Peru to Kina Mining Peru. Under the terms of the agreement, Hochschild will receive $15...