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11 August 2025
in
Metals and Mining

Glencore shakes up trading team with head of coal to exit

The head of Glencore's huge coal-trading operation is leaving in the biggest shake-up of the company’s trading unit in years.The news comes after Glencore...

11 August 2025
in
Renewables

BHP leads global steelmakers group to study Asian carbon capture hubs

BHP is leading a global consortium of steelmakers to explore carbon capture, utilisation and storage (CCUS) opportunities across Asia, project manager Hatch said.The...

11 August 2025
in
Oil & gas

BW Energy signs $250m RCF

BW Energy has signed a $250 million corporate revolving credit facility with DNB Bank.  The facility provides enhanced financial flexibility to support ongoing field...

11 August 2025
in
Metals and Mining

Equinox Gold to divest Nevada mining projects to Minera

Equinox Gold has reached an agreement to divest its entire stake through Calibre USA Holdings in two Nevada-based mining projects to Minera Alamos for a total...

11 August 2025
in
Metals and Mining

EV battery giant CATL suspends mining project

Chinese battery maker Contemporary Amperex Technology (CATL) has suspended a major mining project.CATL, the world’s largest maker of batteries for electric...

11 August 2025
in
Oil & gas

Adnoc pens 10-yr LNG supply deal with Hindustan Petroleum Corporation

Adnoc Gas has signed a Heads of Agreement with Hindustan Petroleum Corporation Limited (HPCL) to supply 0.5 million metric tonnes per annum of LNG for a ten-year...

11 August 2025
in
Metals and Mining

Canada invests in Northcliff's New Brunswick tungsten project

The Canadian government has awarded Northcliff Resources a C$8.21 million ($5.9 million) grant to advance its Sisson tungsten/molybdenum project in New Brunswick.The...

08 August 2025

Turk Exim secures Shariah-compliant syndicated facility

Turk Exim Bank has secured a $145 million Shariah-compliant syndicated financing facility. The loan has been structured as a commodity murabaha with a tenor of three...

08 August 2025
in
Manufacturing & equipment, Power

Lyten acquires Northvolt assets in Sweden and Germany

Lyten has entered into a binding agreement to acquire all of Northvolt’s remaining assets in Sweden and Germany.This includes Northvolt Ett and Ett Expansion in...

08 August 2025
in
Renewables

Japan designates two Hokkaido sites for offshore wind auctions

The Japanese government has formally designated two areas off the southern coast of Hokkaido as promotion zones for upcoming offshore wind auctions. The sites,...

08 August 2025
in
Oil & gas

Hill International picked for $8bn Libya gas project

Mellitah Oil and Gas, a JV between Libya's National Oil Corporation and Italian energy company Eni, has appointed Hill International as project management consultant...

08 August 2025
in
Other

Poland rejects South Korea’s financing terms for K2 Tank export deal

Poland has rejected South Korea’s proposed financing terms for a second arms export contract worth $6.5 billion (KRW8.97 trillion), citing what it called...

08 August 2025
in
Oil & gas

KMG pens $2.8bn EPC contract for Tengiz field

KMG PetroChem, a subsidiary of Kazakhstan’s national oil and gas company KazMunayGas, has signed a $2.8 billion EPC contract for a gas separation facility at the...

08 August 2025
in
Manufacturing & equipment

Appian withdraws from PNG lime finance

Appian Capital Advisory Limited has withdrawn its proposed senior secured loan and royalty financing facility with Pacific Lime and Cement Limited for the Central Lime...

08 August 2025
in
Power

ACWA Power, SEC, KEPCO close $3.4bn power loan

ACWA Power, Saudi Electricity Company, and Korea Electric Power Corporation have secured SAR12.8 billion ($3.4 billion) in senior debt finance to develop the Rumah 1 and...

08 August 2025
in
Oil & gas

Yinson buys out $409m FPSO loan

Yinson Production has acquired the project loan associated with the FPSO Atlanta from Brazilian oil and gas company Brava Energia. The deal, completed with a cash...

08 August 2025
in
Oil & gas

Pakistan Refinery to import first Nigerian Bonny Light crude

Pakistan Refinery will import its first shipment of Nigerian Bonny Light crude oil from Vitol this September, two sources said. The 500,000-barrel cargo of...

08 August 2025
in
Oil & gas

KMG pens $2.8bn EPC contract for Tengiz field

KMG PetroChem, a subsidiary of Kazakhstan’s national oil and gas company KazMunayGas, has signed a $2.8 billion EPC contract for a gas separation facility at the...

08 August 2025
in
Renewables

Additional information on East Anglia Three project financing

Further detail has emerged on the project financing for Iberdrola and Masdar’s 1.4GW East Anglia Three offshore wind farm off the coast of the UK.East Anglia Three...

08 August 2025

Chexim to resume lending to Sri Lanka

The Export-Import Bank of China is set to disburse a fresh loan to Sri Lanka to finance the recommencing of the construction of the Sri Lanka central highway.If...