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04 July 2024
in
Oil & gas

Aramco, ADNOC 'weighing bids for Santos'

Saudi Aramco and Adnoc have been separately considering bids for Santos, according to reports. Both Saudi Aramco and ADNOC have been conducting preliminary evaluations of...

04 July 2024
in
Power

Trafigura JV seals deal for Texas power plant

Trafigura and its JV partner Frontier Group of Companies have acquired the Mountain Creek power plant in Texas from a group of financial investors for an undisclosed...

04 July 2024
in
Metals and Mining

Rio Tinto ups stake in Sovereign Metals with $12.4m investment

Rio Tinto is investing A$18.5 million ($12.4 million) to increase its stake in Australia’s Sovereign Metals, which is advancing the Kasiya rutile-graphite project...

04 July 2024

Afreximbank raises authorised capital

Afreximbank's shareholders have approved an increase in the authorised share capital from $5 billion to $25 billion. The bank says the increase recognizes its growth...

04 July 2024
in
Oil & gas, Transport

Vitol secures 3 LNG bunkering vessels

Vitol has secured three LNG Bunkering Vessels through its shipping company, Vitol International Shipping.The vessels were secured via a seven-to ten-year time charter...

04 July 2024
in
Renewables

NIB finances integrated wood pellet and bioenergy plant

Nordic Investment Bank has signed a seven-year loan agreement of NOK300 million ($28.4 million) with Moelven Industrier. The loan will finance a new integrated wood...

04 July 2024
in
Metals and Mining

Diamcor closes second tranche of C$2,006,300 financing

Diamcor Mining has completed the second and final tranche of its non-brokered private placement, raising an additional C$600,300. This brings the total proceeds to...

03 July 2024
in
Renewables, Transport

EDC and SK Group sign trade, investment MoU

Export Development Canada and South Korean giant SK Group have signed an MoU to advance export trade and investments between the two countries.With a focus on two of...

03 July 2024
in
Metals and Mining

Glencore 'withdraws Kazzinc sale after offers fall short'

Glencore has abandoned plans to sell its stake in Kazakh mining company Kazzinc after potential buyers failed to match its valuation, people familiar with the situation...

03 July 2024
in
Telecoms and Communications

SACE to support French-Italian bid for Bangabandhu Satellite-2?

Bangladesh - following previous proposals from Russia and France over the past two years -  has received a third financial and technical offer for the Bangabandhu...

03 July 2024
in
Infrastructure

World Bank guarantee platform is open with $20bn target

The World Bank Group guarantee platform - which brings together products offered by the World Bank, IFC and MIGA - has been officially launched. It aims to boost WBG...

03 July 2024
in
Power

South Africa seeks to renegotiate coal pact tied to $2.6bn

South Africa is seeking to alter the terms of a landmark agreement under which it promised to cut its reliance on coal in exchange for access to financing.The government...

03 July 2024
in
Renewables

Italy assigns more post-Covid funds to green hydrogen projects

The Italian government has allocated an additional €90 million ($96.6 million) to green hydrogen production projects in abandoned industrial areas, as part of an...

03 July 2024
in
Metals and Mining

Ramelius signs A$175m revolving debt facility

Ramelius Resources has executed a syndicated facility agreement with ANZ, Commonwealth Bank of Australia, National Australia Bank, Natixis CIB, and Westpac Banking...

03 July 2024
in
Transport

EMT Madrid to expand zero-emissions urban bus fleet

EIB and Madrid's Empresa Municipal de Transportes (EMT) have signed a €50 million ($54 million) loan to finance the expansion of EMT's zero-emissions bus...

03 July 2024
in
Power

Albihouth Waste To Energy project financing signed

Standard Chartered has underwritten and syndicated project financing for the development, construction and operation of a waste-to-energy plant in Abu Dhabi. The borrower...

03 July 2024
in
Telecoms and Communications

PAIX Data Centres expands capacity in Ghana to 1.2MW

PAIX Data Centres has announced the expansion of its facility in Accra to 1.2MW.The expansion comes at a pivotal time as the demand for reliable and scalable data centres...

03 July 2024
in
Metals and Mining

EBRD promotes green transition in Moroccan mining sector

EBRD is boosting energy efficiency in Morocco by providing a MAD150 million ($15 million million) loan to Procaneq, a subsidiary of Procan Group, which serves the mining...

03 July 2024
in
Oil & gas

NFE puts LNG export facility in Florida up for sale

New Fortress Energy has struck a deal with an undisclosed compatriot middle-market infrastructure fund to unload its liquefaction and storage facility in Miami. The...

03 July 2024
in
Renewables

Yara, Scatec, ECHEM and MOPCO sign renewable ammonia offtake deal

Scatec, ECHEM and MOPCO have agreed on Heads of Terms for renewable ammonia offtake from Egypt with Yara.Last year, Scatec, the Egyptian Petrochemicals Holding Company...