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18 June 2024

Equinor and GRTgaz plan French CO2 transport

Equinor and French gas transmission operator GRTgaz have signed a project development agreement (PDA) for a transport system for captured CO2.The development will consist...

18 June 2024
in
Oil & gas, Renewables

D'Artagnan CO2 project gets EC support

The European Commission is supporting Air Liquide and Dunkerque LNG's CO₂ transport and export infrastructure project.The D'Artagnan project, part of the...

18 June 2024
in
Other

Santander, EIB Group support Spanish SMEs

The EIB Group - EIB and European Investment Fund - has invested €530 million in senior and mezzanine tranches of a new Banco Santander asset-backed securitisation...

18 June 2024
in
Oil & gas

Trafigura agrees to pay $55m to settle CFTC charges

A unit of Trafigura has agreed to pay a $55 million civil fine to settle US Commodity Futures Trading Commission charges of fraud, manipulation and impeding whistleblower...

18 June 2024
in
Chemicals/Petrochemicals

Financial alliances build as Citgo share auction enters last mile

At least five groups of investors submitted binding bids this month in a US court-ordered auction of shares in Citgo Petroleum's parent, and three have secured...

18 June 2024
in
Renewables

Essar to invest $3.6bn in GW-scale renewable hydrogen plant

Essar Group plans to invest INR300 billion ($3.6 billion) into building out 1GW of electrolyser capacity in the Indian city of Jamnagar in the western state of...

18 June 2024
in
Agri/Soft Commodities

EU regulators to decide on Bunge and Viterra's $34bn deal by July 18

US grains merchant Bunge and Glencore-backed Viterra's plan to create a $34 billion agricultural trading giant will be decided by EU antitrust regulators by July 18,...

18 June 2024
in
Other

DZ Bank adopts Surecomp's RIVO platform

DZ Bank is adopting Surecomp's collaborative trade finance platform RIVO. The Frankfurt-based lender will use RIVO for real-time corporate communication, transaction...

18 June 2024
in
Other

EDB & Commercial Bank of Dubai form trade partnership

Emirates Development Bank and Commercial Bank of Dubai have entered into a strategic partnership to enhance international trade services in the UAE.Under this strategic...

18 June 2024
in
Metals and Mining

Cornish Metals sells Nickel King Property

Cornish Metals has announced the sale of its Nickel King Property in Sudbury, Ontario, Canada. The company has entered into a binding agreement to sell the property to an...

18 June 2024

ADB makes $50m commitment to accelerate APAC energy transition

ADB signed a $50 million commitment to Actis Asia Climate Transition Fund to help accelerate the clean energy transition and address development challenges arising from...

18 June 2024
in
Metals and Mining

Peru miner Volcan eyes $200m in further asset sales

Volcan Cia Minera, the Peruvian zinc miner that was recently acquired by Argentine group Integra Capital, said it is pushing ahead with plans to sell non-core assets as...

18 June 2024
in
Other

EBRD lends €15m to Intesa Sanpaolo Banka

EBRD is providing funding to Intesa Sanpaolo Banka Bosnia and Herzegovina consisting of €7 million under the SME Go Green Programme and €8 million under the Go...

17 June 2024

Pilot Energy placement supports Australian CO2 storage project

Pilot Energy Limited (PGY) has received commitments of A$4 million ($2.6 million) in a placement to sophisticated, institutional and professional investors. Pilot is...

17 June 2024
in
Oil & gas

Fraud police probing ex-Glencore staff plan to press charges

British prosecutors investigating former Glencore employees over bribery allegations said they plan to bring long-awaited criminal charges. More than 18 months after...

17 June 2024
in
Oil & gas

BNP, Kexim cut ties with Santos’ Barossa gas project

BNP Paribas and the Export-Import Bank of Korea have ended their financial support for Santos’ Barossa gas project.France's BNP Paribas is no longer acting as a...

17 June 2024
in
Metals and Mining

US Ex-Im issues LOI for C3's La Cobaltera project financing

Chilean Cobalt Corp (C3) has received a non-binding Letter of Interest from the Export-Import Bank of the United States for a potential debt funding package of up to $317...

17 June 2024
in
Oil & gas

Cedar LNG FID planned in next two weeks

Pembina Pipeline is planning a final investment decision (FID) for the Cedar LNG project in Canada within the next two weeks.The proposed $4 billion FLNG facility in...

17 June 2024

SLB closes joint venture with Aker Carbon Capture

Oilfield services company SLB has completed the acquisition of 80% of Aker Carbon Capture (ACC) shares in Aker Carbon Capture Holding (ACCH).SLB announced in March that...

17 June 2024
in
Transport

Hyundai Rotem wins express train supply deal from Uzbekistan

Hyundai Rotem, a South Korean rolling stock and defense equipment maker, has secured a KRW270 billion ($196 million) order from Uzbekistan to supply high-speed trains....