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26 March 2024

Aspen promotes Karlsson

Aspen Insurance Holdings has promoted Sacha Karlsson to head of Credit and Political Risk.Based in London, Karlsson has been with Aspen since 2018 and brings more than 14...

26 March 2024
in
Oil & gas

Altamesa Energy signs L/C for Block 192

Altamesa Energy has signed a $26 million L/C with an international lender to secure a 61% stake in the License Agreement for the Block 192 oil field in Peru.State-owned...

26 March 2024

Keynote: EIFO’s Lundquist on turning professional pessimism into power

The Export and Investment Fund of Denmark (EIFO) has the ‘gift of wind’ which has helped it position itself as a changemaker in renewable energy financing. But it’s not...

26 March 2024
in
Oil & gas

Credit Agricole says it will not fund Rovuma, PNG LNG projects

Credit Agricole has vowed to not provide financing to two major LNG projects, citing commitments to refrain from new fossil fuel developments.The decision follows...

26 March 2024
in
Oil & gas

JBIC finances JERA's stake in Scarborough gas field

JBIC will provide a loan of up to $831 million to JERA Scarborough to fund its 15.1% interest in the Scarborough gas field. The loan will be co-financed with private...

26 March 2024
in
Other

AFC raises record $1.16bn syndicated loan

Africa Finance Corporation has closed its largest debt facility, a $1.16 billion syndicated loan.Initially launched at $1 billion, the three-year syndicated loan was...

26 March 2024
in
Oil & gas

FID taken on Hanseatic Energy Hub

Hanseatic Energy Hub has taken a final investment decision to construct Germany’s first land-based terminal for liquefied gases. The company's shareholders...

26 March 2024
in
Other

Kexim to open Polish office to support defence exports

Kexim is set to establish its first overseas office in Poland.A recent amendment to the Export-Import Bank of Korea Act has bolstered the ECA's financial capacity...

26 March 2024
in
Oil & gas

GAIL to commission its first green hydrogen project 'in April'

GAIL plans to commission its first green hydrogen project in central India in April, three company sources said.The 10MW proton exchange membrane electrolyser for the...

26 March 2024
in
Infrastructure

Simpson Thacher adds duo from Weil, Gotshal & Manges

Simpson Thacher & Bartlett has hired Paul Hibbert and Emma Serginson as partners in the firm's London office where they will focus on financing and credit matters...

26 March 2024
in
Oil & gas

ITFC to provide $1.4bn to Bangladesh Petroleum

ITFC will provide $1.4 billion to the Bangladesh Petroleum Corporation. The ITFC, part of Saudi Arabia's Islamic Development Bank, said the financing was aimed at...

26 March 2024
in
Chemicals/Petrochemicals

Norway approves construction of ammonia bunkering facility

The Norwegian Directorate for Civil Protection has granted approval for the construction of an ammonia bunkering facility at Fjord Base in Floro, Norway. Yara Clean...

26 March 2024
in
Oil & gas

Woodside completes sale of 10% Scarborough interest

Woodside Energy has completed the sale of a 10% nonoperating participating interest in the Scarborough JV to LJ Scarborough (LNG Japan). Woodside received $910 million...

26 March 2024
in
Power

Uzbek power plant upgrades taps ECA support

Uzbekistan is expected to sign a Kuke-backed loan to fund upgrades to a gas-fired power project in the central Asian country in H2 this year. Details around the...

26 March 2024
in
Transport

JBIC covers JPY100m loan to Actmetal Indonesia

JBIC has entered into a guarantee agreement to support Actmetal 's subsidiary, PT Actmetal Indonesia (AMC), in expanding its surface metal processing business for...

26 March 2024
in
Renewables

ABB and Cap Clean Energy partner on sustainable aviation fuel

ABB is partnering with Cap Clean Energy on sustainable aviation fuel production sites in the Canadian provinces of Manitoba, Saskatchewan and Alberta. As part of an...

26 March 2024
in
Transport

QatarEnergy and Nakilat firm up time-charter deal for 25 vessels

QatarEnergy has signed multi-year time-charter party agreements with Qatar Gas Transport Company Limited (Nakilat) for the operation of 25 LNG vessels as part of its...

26 March 2024
in
Metals and Mining

AuKing partners BSMC for Saudi mineral projects

AuKing Mining has signed an MoU with Barg Alsaman Mining Company (BSMC) to jointly explore and develop mineral projects in Saudi Arabia.The collaboration will concentrate...

26 March 2024
in
Metals and Mining

US announces $6bn to clean up heavy manufacturing

The first new US aluminum smelter in 45 years may be built as part of about $6 billion in grants the Biden administration is awarding to companies in a bid to clean-up...

26 March 2024
in
Other

Swift announces results of testing for CBDC interlinking solutions

Swift has announced the results of the second phase of sandbox testing for its central bank digital currency (CBDC) interlinking solution. The tests involved 38...