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News
09 October 2024

UKEF confirms support for Shotton Mill recycled paper project

UKEF has confirmed its support for a project to construct Britain's largest recycled paper manufacturing plant.The project, in Deeside, consists of the conversion and...

News
09 October 2024
in
Renewables

Scatec awarded €30m for Egyptian green hydrogen project

Scatec's €500 million Egypt Green Hydrogen project signed a €30 million grant deal with PtX Development Fund.The deal represents the first grant approved by...

News
09 October 2024
in
Renewables

Iraq to seek IFC finance for blue ammonia project

Iraq is set to hold talks with IFC to seek funds for its first blue ammonia project.The project is part of a “climatic and environment” strategy which...

News
09 October 2024
in
Oil & gas

Woodside completes deal for Tellurian

Woodside has completed the acquisition of Tellurian and its US Gulf Coast Driftwood LNG project for $1.2 billion including debt.Woodside also announced it had renamed the...

News
09 October 2024
in
Renewables

Denmark sets aside $4.2bn as part of 3rd CCS fund

The Danish Energy Agency has launched the tendering procedure for its third fund for CCS projects, with DKK28.7 billion ($4.2 billion) available for interested parties to...

News
09 October 2024
in
Agri/Soft Commodities

Valency secures PXF facility from IFC, Absa

IFC and Absa will provide a commodity trade finance facility to Singapore-based Valency International to support the company’s pre-export of agricultural...

News
09 October 2024
in
Oil & gas

Glencore's ex-head of oil faces 2027 trial on bribery charges

Glencore's former head of oil Alex Beard and five other ex-employees of the Swiss commodity trader will stand trial in a London court in 2027 on bribery...

News
09 October 2024

SACE backs Eagle Pictures financing

UniCredit and Mediocredito Centrale are supporting the international growth of Eagle Pictures with a financing of €10 million backed by SACE's Garanzia...

News
09 October 2024
in
Waste and water

Zoomlion Nigeria pens ECA-supported waste management deal

Zoomlion Nigeria has signed an ECA-supported €40 million waste management contract with Germany’s FIMA Industries and Faun Umwelttechnik.The deal - facilitated...

News
09 October 2024
in
Metals and Mining

Rio Tinto to buy Arcadium Lithium in $6.7bn deal

Rio Tinto will acquire Arcadium Lithium for $6.7 billion, in an agreed all-cash deal that would make it one of the world's largest lithium producers.Rio said it would...

News
09 October 2024
in
Metals and Mining

Zijin Mining to buy Newmont's Ghana gold project for $1bn

China's Zijin Mining will buy the Akyem Gold Mine Project in Ghana from US-based Newmont for $1 billion.The sale is a part of Newmont's ongoing programme to...

News
09 October 2024
in
Oil & gas

Vitol 'sells Venezuelan oil to Indian refiners'

Two Indian state refiners have bought 2 million barrels of Venezuelan crude from Vitol for November delivery as shipments to what was previously Venezuela's second...

News
09 October 2024
in
Oil & gas

Arbitration rules in favour of BP in Kosmos dispute

Kosmos Energy said a Paris-based arbitrator has ruled in favour of BP, prohibiting Kosmos from selling to third parties LNG from the Greater Tortue (GTA) project offshore...

News
09 October 2024
in
Renewables

Abraxas Power progresses green hydrogen project

Abraxas Power subsidiary Exploits Valley Renewable Energy Corporation (EVREC) has submitted the Environmental Assessment Registration with the Department of Environment...

News
08 October 2024
in
Renewables

Saudis set to invest $10bn in green hydrogen production

Saudi Arabia has launched a new company to finance green hydrogen production.The Public Investment Fund has set up Energy Solutions Company to invest at least $10 billion...

News
08 October 2024

Finnvera guarantees Wartsila's deliveries to Ghana

Finnvera has guaranteed Wartsila's deliveries to Ghana for a project to convert six W18V46 engines from heavy fuel oil operation to W18V50DF with multi fuel...

News
08 October 2024

EKN backs Intellego Technologies facilities

Intellego Technologies has secured a SEK30 million (almost $3 million) Nordea loan guaranteed by EKN, Sweden's export credit agency. Funds will be used to refinance...

News
08 October 2024
in
Manufacturing & equipment, Renewables

Plug Power signs supply framework with AGA

Plug Power has signed a binding framework agreement with Allied Green Ammonia (AGA) for the supply of 3GW of electrolyser capacity.The framework agreement follows the...

News
08 October 2024
in
Renewables

Henry Jin returns to Hunton Andrews Kurth

Henry Jin, an energy and infrastructure attorney who advises clients on renewable energy transactions, has rejoined Hunton Andrews Kurth as a partner in Washington, DC,...

News
08 October 2024

Italgas agrees to buy 2i Rete Gas

F2i and Finavias have agreed the sale of Italy’s second-largest natural gas distribution operator to Italgas for an equity value of €2.06 billion ($2.26...