The Export-Import Bank of the United States is getting back in the business of helping to finance foreign coal power plants after its board voted unanimously to lift 12-year-old curbs on its lending.The decision comes just weeks after President Donald Trump signed an executive order directing US... More

Harbour and its partners – Pan American Energy, YPF, Pampa Energia and Golar LNG – have taken a final investment decision for the Southern Energy floating liquefied natural gas export project in Argentina.Harbour has a 15% interest in the project which envisages deploying two of Golar... More

Northern Oil and Gas has completed its semi-annual borrowing base redetermination under its reserves-based revolving credit facility. The elected commitment amount increased from $1.5 billion to $1.6 billion and the borrowing base remains unchanged at $1.8 billion. The US company’s bank group... More

Alexander Schober has been named as KfW IPEX-Bank's global head of the infrastructure sector.Schober has been working for KfW IPEX-Bank since 2008 and has been, among others, director of the representative office in Sao Paulo and head of digital infrastructure as well as energy infrastructure.... More

Africa Finance Corporation has appointed Ireti Samuel-Ogbu as chair of its board of directors. She succeeds Emeka Emuwa who has completed 12 years of service at AFC.Samuel-Ogbu brings a wealth of experience spread over three decades in Europe, Middle East, and Africa. Until recently, she led... More

Woodside has entered an agreement with bp to supply gas to the Louisiana LNG project in Calcasieu Parish, US.The agreement represents the first portion of a diverse feed gas portfolio that will support the project. Under the terms of the agreement, Louisiana LNG Gas Management (GasCo), a wholly... More

US-based industrial gas firm Air Products has suspended new capital spending on its $4.5 billion Louisiana blue hydrogen-to-ammonia project while it pursues a new strategy to sell parts of the scheme off, new CEO Eduardo Menezes said.Specifically, the company plans to sell off the ammonia production... More

MIGA has issued a trade finance guarantee of €146.4 million ($167 million) to Societe Generale for its loan to Togo, through the Ministry of Economy and Finance. The guarantee covers the risk of non-payment by the government on the short-term trade loan for up to three years.  ... More

Norway’s Equinor has agreed to sell for $3.35 billion its 60% operated interest in the Peregrino field offshore Brazil to Brazil’s largest independent Prio.Equinor has operated Peregrino field since 2009 and around 300 million barrels of oil have been produced by the asset since.... More

The regional government of Arequipa, Peru, has finalised the allocation of a 160-hectare land parcel in the strategic port city of Matarani, dedicated to producing green and blue hydrogen. This allocation forms part of the expansive Horizonte de Verano initiative, a clean ammonia venture valued... More

WTW has aquired CFS International into Willis, a WTW business. Founded in 1990, CFS has specialised in delivering trade credit insurance solutions to global firms. WTW says the deal represents continued investment in the growing trade credit business, while concurrently expanding geographic coverage... More

South Korea's government will work to "swiftly" implement KRW25 trillion ($17.5 billion) of policy financing for export companies following the planned passage of an extra budget bill by the National Assembly.Under the plan, the Export-Import Bank of Korea will offer KRW10 trillion in... More

S&P Global Ratings revised the credit outlook for Australia's Woodside to "negative" from "stable" after the energy company reached a final investment decision of $17.5 billion on its Louisiana LNG project.Woodside deciding to proceed with the project without a material... More

ADNOC Trading has signed an LNG supply agreement with India’s Hindustan Petroleum Corporation Limited (HPCL), a unit of the state-owned Oil & Natural Gas Corporation.The LNG will be received at the Chhara LNG terminal operated by HPCL LNG. According to the Indian player, it will be used to... More

INEOS and Covestro have signed a long-term agreement for the supply of natural gas for up to eight years, starting 2027. The deal provides long-term feedstock and energy security for Covestro’s European operations. INEOS first entered the LNG sector in June 2022, signing a 20-year... More

Oman's hydrogen agency, Hydrom, has launched its third round of auctions to allocate blocks of land for green hydrogen project development.Up to 300 square kilometres near the port town of Duqm is on offer, although potential bidders will have to propose projects with a minimum of 100 square... More

The US has signed a deal with Kyiv to share profits from the future sale of Ukraine's mineral and energy reserves, after months of tense negotiations.The deal aims to provide an economic incentive for the US to continue to invest in Ukraine's defence and reconstruction - as well as to... More

Ghana has reached a deal with nine more mining companies to purchase 20% of their gold production, aiming to consolidate a gold purchase programme meant to boost the country's gold reserves and stabilise its currency. Africa's top gold producer signed an agreement with members of an... More