UK energy regulator Ofgem has confirmed a decision to award an offshore transmission licence to Seagreen Phase 1 OFTO Project Limited.A consortium of Equitix Investment Management Limited, Kyuden International Corporation and Kyuden T&D Global CO was the successful bidder for the transmission... More

The New Jersey Economic Development Authority (NJEDA) is assessing options for the New Jersey Wind Port which it is developing on behalf of the New Jersey State.The offshore wind port is located in Lower Alloways Creek, Salem County, and is being developed in phases. Construction of a 30-acre parcel... More

TotalEnergies and Air Liquide are partnering to develop two projects in the Netherlands for the production and delivery of some 45,000 tonnes a year of green hydrogen produced using renewable power.The power will be generated mostly by the OranjeWind offshore wind farm, developed by TotalEnergies... More

Spanish gas grid operator Enagas plans to invest more than €4 billion ($4.18 billion) by the end of the decade, with more than three quarters of that earmarked for hydrogen infrastructure.With Spanish gas demand falling, Enagas has sold assets, reduced dividends and cut debt to fund plans to... More

Sponsors of the 923MW MacIntrye wind farm in Australia — Acciona and Ark Energy — signed a AU$450 million ($280 million) non-recourse K-Sure-backed facility to fund the scheme on 31 December 2024. The 15-year deal marked the eight ECA-backed loan and third onshore wind project in... More

Export-Import Bank of Malaysia has appointed Nurbayu Kasim Chang as its president and chief executive officer. She brings over 20 years of experience in structured corporate banking, Islamic finance and development finance.She joined EXIM Bank as the chief business officer in January 2023, and... More

Anglo American is selling its nickel business to MMG in a deal worth up to $500 million.The nickel business comprises two ferronickel operations in Brazil – Barro Alto and Codemin – and two high quality greenfield growth projects – Jacare and Morro Sem Bone.The agreed cash... More

Woodside Energy has held talks with several potential buyers of stakes in its Louisiana LNG plant, including Tokyo Gas, Japan's JERA and Saudi Aramco-backed MidOcean Energy, sources said.The timing of the stake sale is a test case for buoyant market expectations around LNG with the return of... More

Malaysia's Petronas is in talks with banks for a potential loan to fund an LNG project, sources said.The state-owned company, officially Petroliam Nasional Bhd, is seeking project financing of over $1 billion, said the people, who asked not to be named discussing private matters. The facility... More

President Donald Trump has nominated John Jovanovic to serve as Chairman and CEO of the Export-Import Bank of the United States.Jovanovic would become the first Serbian-American to lead the agency. A former director at DFC Belgrade, Jovanovic brings a background in finance and investment, with... More

ADB has approved a plan to scale up its operations by 50% over the next decade, leveraging its existing capital base to enhance its development impact across Asia and the Pacific.The Capital Utilization Plan (CUP) outlines a pathway for increasing ADB’s annual financing commitments from $24... More

Mining billionaire Robert Friedland’s latest venture, iron-ore producer Ivanhoe Atlantic, is seeking to raise as much as A$300 million (almost $190 million) from an IPO in Australia, sources said.Proceeds will be used to fund the development of the Kon Kweni project in Guinea, a major... More

Cyclone Metals has signed a $138 million joint venture agreement with Vale to develop the Iron Bear Project in Canada.Under the agreement, Vale may contribute up to $138 million (A$217.2 million) in funding for the Iron Bear Project in two phases to earn a 75% stake. If Vale elects to proceed to a... More

Lithium explorer and developer Winsome Resources has secured firm commitments to raise A$7.84 million through an institutional share placement as it advances its Adina lithium project in Quebec.The company has also launched a share purchase plan to allow existing shareholders to participate in the... More

The Spanish Congress has approved a proposal calling for the government to reverse the country's decision to phase out nuclear power. Spain's seven operating nuclear power reactors - Almaraz I and II, Asco I and II, Cofrentes, Trillo and Vandellos II - generate about 20% of its... More

The New York State Public Service Commission (NYPSC) has granted Equinor approval to build and operate offshore and onshore transmission facilities for Empire Wind 1.The transmission project includes two 230-kV high-voltage alternating current (HVAC) submarine export cables within a 15 mile... More

GreenGo Energy has sealed its first African agreement to develop a large-scale green hydrogen project in Mauritania.The agreement grants GreenGo Energy access to more than 100,000 hectares of land near Nouakchott to develop the Megaton Moon Green Hydrogen Project.GreenGo says the project adopts a... More

Brazilian oil and gas group Brava Energia has signed a deal with Trafigura for the sale of six million barrels of oil from the Atlanta field in Brazil’s Santos Basin.Brava Energia holds an 80% operating stake in the Atlanta field, while Westlawn owns the remaining 20%. The field is known for... More