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News
18 June 2024
in
Chemicals/Petrochemicals

Financial alliances build as Citgo share auction enters last mile

At least five groups of investors submitted binding bids this month in a US court-ordered auction of shares in Citgo Petroleum's parent, and three have secured...

News
18 June 2024
in
Agri/Soft Commodities

EU regulators to decide on Bunge and Viterra's $34bn deal by July 18

US grains merchant Bunge and Glencore-backed Viterra's plan to create a $34 billion agricultural trading giant will be decided by EU antitrust regulators by July 18,...

News
18 June 2024

ADB makes $50m commitment to accelerate APAC energy transition

ADB signed a $50 million commitment to Actis Asia Climate Transition Fund to help accelerate the clean energy transition and address development challenges arising from...

News
18 June 2024
in
Metals and Mining

Peru miner Volcan eyes $200m in further asset sales

Volcan Cia Minera, the Peruvian zinc miner that was recently acquired by Argentine group Integra Capital, said it is pushing ahead with plans to sell non-core assets as...

News
18 June 2024
in
Other

EBRD lends €15m to Intesa Sanpaolo Banka

EBRD is providing funding to Intesa Sanpaolo Banka Bosnia and Herzegovina consisting of €7 million under the SME Go Green Programme and €8 million under the Go...

News
17 June 2024

Pilot Energy placement supports Australian CO2 storage project

Pilot Energy Limited (PGY) has received commitments of A$4 million ($2.6 million) in a placement to sophisticated, institutional and professional investors. Pilot is...

News
17 June 2024
in
Oil & gas

Fraud police probing ex-Glencore staff plan to press charges

British prosecutors investigating former Glencore employees over bribery allegations said they plan to bring long-awaited criminal charges. More than 18 months after...

News
17 June 2024
in
Oil & gas

BNP, Kexim cut ties with Santos’ Barossa gas project

BNP Paribas and the Export-Import Bank of Korea have ended their financial support for Santos’ Barossa gas project.France's BNP Paribas is no longer acting as a...

News
17 June 2024
in
Metals and Mining

US Ex-Im issues LOI for C3's La Cobaltera project financing

Chilean Cobalt Corp (C3) has received a non-binding Letter of Interest from the Export-Import Bank of the United States for a potential debt funding package of up to $317...

News
17 June 2024
in
Oil & gas

Cedar LNG FID planned in next two weeks

Pembina Pipeline is planning a final investment decision (FID) for the Cedar LNG project in Canada within the next two weeks.The proposed $4 billion FLNG facility in...

News
17 June 2024

SLB closes joint venture with Aker Carbon Capture

Oilfield services company SLB has completed the acquisition of 80% of Aker Carbon Capture (ACC) shares in Aker Carbon Capture Holding (ACCH).SLB announced in March that...

News
17 June 2024
in
Transport

Hyundai Rotem wins express train supply deal from Uzbekistan

Hyundai Rotem, a South Korean rolling stock and defense equipment maker, has secured a KRW270 billion ($196 million) order from Uzbekistan to supply high-speed trains....

News
17 June 2024
in
Oil & gas

China loans delay plunges Eacop partners into crisis

A massive hole remains in the financing structure of the East African Crude Oil Pipeline, more than a year since Chinese financiers and the developers entered...

News
17 June 2024
in
Renewables

bayernets receives funding for AUGUSTA pipeline

Transmission system operator bayernets is investing €210 million ($225 million) in the energy infrastructure in Bavaria, which will also improve...

News
17 June 2024
in
Renewables

IFC funds Brookfield’s Bikaner solar power project

IFC is helping to fund a 550MWp solar power project in Bikaner, Rajasthan, India, being developed by Brookfield Asset Management.The development bank has committed $105...

News
17 June 2024
in
Other

Garanti BBVA renews sustainability-linked syndicated loan

Garanti BBVA renews its $435 million sustainable syndicated loan.Garanti BBVA announced the renewal of its sustainable syndicated loan. The bank plans to use the loan to...

News
17 June 2024
in
Metals and Mining

Serbia 'to give green light for Rio Tinto lithium mine'

Serbian President Aleksandar Vucic is preparing to give Rio Tinto the green light to develop Europe's largest lithium mine two years after Belgrade called off the...

News
17 June 2024
in
Oil & gas

Petrobras names new management team

The chief executive of Petrobras, Magda Chambriard, has announced her new management team. Fernando Melgarejo, appointed as chief financial officer, will take over...

News
17 June 2024

IFC supports sustainable textile manufacturing in Bangladesh, India

To support sustainable textile manufacturing and improve the sector's resource efficiency in Bangladesh and India, IFC is partnering with EPIC Group to help finance...

News
17 June 2024
in
Power

NEK gets EIB support for hydropower plants

EIB will provide advisory support to Bulgaria’s state-owned power utility Natsionalna Elektricheska Kompania (NEK) to prepare the construction of two large pumped...