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26 September 2022
in
Renewables

Shell pulls out of Irish offshore wind projects

Shell is withdrawing from the Western Star and Emerald offshore wind projects in Ireland that it was developing with Simply Blue Group. According to a joint...

26 September 2022
in
Metals and Mining

Zimbabwe approves $2.83bn metals investment

Zimbabwe’s government has approved a proposal from a group of Chinese investors to establish a $2.83 billion battery-metals park. In a fresh attempt to...

26 September 2022
in
Oil & gas

Woodside, EDL sings Pluto LNG deal

Sheffield Resources’ JV with Yansteel, Kimberley Mineral Sands, has signed a five-year agreement with Woodside Energy and EDLLNG Fuel to Power.Woodside and EDL will...

26 September 2022
in
Metals and Mining

Skeena closes C$34.5m bought deal

Skeena Resources has closed its bought-offering of 5,702,479 shares of the company at C$6.05 each, raising C$34.5 million ($25.4 million).The company will use the...

26 September 2022
in
Oil & gas

Glencore receives $486m penalty in oil pricing case

Glencore has been sentenced by a US District Judge to $486 million in fines and forfeiture for conspiring to manipulate US oil price benchmarks during 2012-16.The Swiss...

26 September 2022
in
Oil & gas

PGNiG signs 10-year gas sales contract with Norway

Norwegian state-owned energy giant Equinor signed a long-term gas sales agreement with its Polish counterpart PGNiG.The agreement is for ten years with a volume of around...

23 September 2022
in
Oil & gas

NNPC in talks with US Ex-Im and DFC over gas projects

The Nigerian National Petroleum Company has opened talks with DFC and US Ex-Im to seek financing for its multi-billion-dollar gas projects.NNPC CEO Mele Kyari said:...

23 September 2022
in
Infrastructure

UKEF considering funds for 103km Zanzibar road project

UKEF is considering a funding application for a project to construct three main roads in Unguja and Pemba islands, Zanzibar. Negotiations are ongoing and full details on...

23 September 2022
in
Other

IDB directors 'vote unanimously to fire president'

IDB’s board of directors have reportedly voted unanimously to recommend firing President Mauricio Claver-Carone after an ethics committee found misconduct.Reuters...

23 September 2022
in
Power

US DOE opens $7bn funding round for hydrogen hubs

The US Department of Energy has opened an application round for the $7 billion programme to create regional clean hydrogen hubs (H2Hubs) across the countryFor this...

23 September 2022
in
Metals and Mining

OZ Minerals takes A$1.7bn FID at West Musgrave

Copper miner OZ Minerals has taken a final investment decision on the A$1.7 billion ($1.13 billion) West Musgrave copper/nickel project, in Western Australia.All key...

23 September 2022
in
Oil & gas

M6 announces NG3 FID, seals two acquisitions

M6 Midstream has announced a final investment decision on its new natural gas gathering and carbon capture project, New Generation Gas Gathering (NG3).The project will...

23 September 2022

US Ex-Im, K-Sure sign co-financing agreement

US Ex-Im and K-Sure signed an agreement that will provide joint support for US and Korean export projects in new and strategic industries, including critical...

23 September 2022
in
Manufacturing & equipment

Sustainable STEEL Principles launch with 6 top-lenders signed on

Six lenders have joined the Sustainable STEEL Principles, the first Climate-Aligned Finance agreement for lenders in the steel industry.Under RMI’s leadership,...

23 September 2022
in
Oil & gas

Ban on gas fracking in England lifted

Britain has formally lifted a moratorium on fracking for shale gas in England that has been in place since 2019.The government said strengthening the country's energy...

23 September 2022
in
Metals and Mining

Glencore to acquire Newmont’s stake In MARA project

Glencore will acquire Newmont’s 18.75% shareholding in the MARA Project, in the Catamarca province of Argentina.Glencore will own 43.75% of MARA. The company will...

23 September 2022
in
Oil & gas

Cameroon and Vitol reach deal over refinery debt restructure

Cameroon's national oil refining company, SONARA, has reached a deal with Vitol to restructure its commercial debt towards the Dutch energy and commodity trading...

23 September 2022

Jian Johnson joins CAM as financing practice partner

Jian Johnson has joined Cyril Amarchand Mangaldas as a partner in its Financing Practice. Prior to joining CAM, Johnson worked in the corporate legal group at ICICI...

23 September 2022
in
Oil & gas

Pieridae in talks with govt, TC Energy to ensure LNG project supply

Pieridae Energy, one of the companies proposing an LNG gas terminal on Canada's east coast, has asked the federal government to help ensure pipeline operator TC...

23 September 2022
in
Metals and Mining

Rio Tinto, Shougang Group explore steel decarbonisation solutions

Rio Tinto and steel producer Shougang Group have signed an MoU to promote research, design and implementation of low-carbon solutions for the steel value chain. The...