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News
09 September 2024
in
Transport

Northvolt to halt some ops, cut jobs amid tough EV market

Swedish battery maker Northvolt has announced a series of measures - including job cuts and halting some operations - in a bid to ride out the EV slump.The company...

News
09 September 2024
in
Metals and Mining

EDC mulls $500m funding for Canada Nickel project

Export Development Canada has issued a Letter of Interest to Canada Nickel for potential long-term debt financing of up to $500 million for the Crawford Nickel Sulphide...

News
09 September 2024
in
Other

ADB president Masatsugu Asakawa to leave in February

ADB president Masatsugu Asakawa has announced his intention to step down from his position, effective February 23, 2025.It was reported earlier that Japan is set to back...

News
09 September 2024
in
Power

Chexim approves funds for Bistrica HPPs

The Export-Import Bank of China has approved a loan of about €70 million ($77.4 million) to Bosnia's Serb Republic for the construction of three HPPs on the...

News
09 September 2024
in
Renewables

FID taken on 100GWh Finnish biogas plant

Manure-based liquified biogas (LBG) firm Suomen Lantakaasu and its partner, food group Atria Oyi, have taken a final investment decision on a 100GWh biofuel production...

News
09 September 2024

Texel hires brokers Helene Heas and Davis Ng

Credit and political risk insurance group Texel has unveiled the appointments of Helene Heas and Davis Ng in its Singapore office as brokers.Heas comes from Coface, where...

News
09 September 2024
in
Renewables

EBRD funds 116MW of Turkish onshore wind capacity

EBRD is providing a loan of $60 million (€55 million) to Turkiye’s Borusan EnBW Enerji to finance the development and construction of 116MW of onshore...

News
09 September 2024
in
Renewables

Kenya unveils Geothermal Risk Underwriting Facility.

The Insurance Regulatory Authority (IRA) of Kenya has announced the Geothermal Risk Underwriting Facility.The program aims to leverage local insurance to de-risk...

News
09 September 2024
in
Oil & gas

Nigeria licenses first floating LNG plant for export and domestic use.

Nigeria's oil regulator has granted UTM Offshore the first license to operate a floating LNG plant to tap flared gas from an ExxonMobil oil field in the Niger...

News
09 September 2024
in
Oil & gas

Norway attracts 21 bidders in latest exploration round

Norway's offshore exploration licensing round in mature areas, launched in May 2024, has attracted bids from 21 firms, including Shell, ConocoPhillips, Equinor, Aker...

News
09 September 2024
in
Renewables

India unveils draft green hydrogen certification scheme

India’s Ministry of New and Renewable Energy (MNRE) has unveiled a draft green hydrogen certification scheme that would allow producers to prove that their product...

News
09 September 2024
in
Infrastructure

DLA Piper hires projects partner Nikhil Markanday

DLA Piper has hired Nikhil Markanday as a partner in its projects team - part of its International Finance practice group - based in London.Joining from King &...

News
09 September 2024
in
Oil & gas

ADNOC, IndianOil pen LNG supply HOA

ADNOC has entered into a 15-year heads of agreement with state-owned IndianOil for the supply of 1 million tonnes/year of LNG.The LNG will primarily be sourced from...

News
09 September 2024

UKEF steps up export deals to francophone Africa

The UK has stepped up business in French-speaking West and Central Africa as it seeks new frontiers for its exports.UKEF was backing transactions in francophone Africa...

News
09 September 2024

EBRD and investors acquire Egypt’s Tamweely

EBRD is taking a minority equity stake in Tamweely Microfinance, an Egyptian non-bank financial services company, specialising in serving micro and small businesses.EBRD...

News
09 September 2024
in
Metals and Mining

Nexus raises A$4.1m for Wallbrook project

Nexus Minerals has received firm commitments for a placement of new fully paid ordinary shares to raise A$4.1 million (about $2.7 million) to support its Wallbrook...

News
09 September 2024
in
Oil & gas

Egypt seeks rare LNG cargoes for winter, squeezing supply

Egypt is seeking winter cargoes of LNG for the first time in years, highlighting a deepening energy shortage that will increase global competition for the...

News
09 September 2024
in
Other

Drip clinches $113m to propel global trade finance innovation

Digital trade finance platform Drip Capital has secured a $113 million funding round. The funding includes a $23 million equity investment from Japanese institutional...

News
09 September 2024
in
Metals and Mining

China lodges WTO complaint over Canada’s EV and metal tariffs

China will take Canada to the World Trade Organization to challenge Ottawa’s decision to impose new tariffs of up to 100% on Chinese-made electric vehicles, steel...

News
09 September 2024
in
Metals and Mining

Cunningham signs $152m deal to buy out American Creek Resources

Cunningham Mining has sealed a definitive agreement to acquire all issued and outstanding common shares of American Creek Resources in an all-cash deal valued at around...