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...
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...
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...
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...
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...
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...
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...
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...
The Insurance Regulatory Authority (IRA) of Kenya has announced the Geothermal Risk Underwriting Facility.The program aims to leverage local insurance to de-risk...
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...
Norway's offshore exploration licensing round in mature areas, launched in May 2024, has attracted bids from 21 firms, including Shell, ConocoPhillips, Equinor, Aker...
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...
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 &...
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...
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...
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...
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...
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...
Digital trade finance platform Drip Capital has secured a $113 million funding round. The funding includes a $23 million equity investment from Japanese institutional...
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...
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...