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03 July 2025
in
Oil & gas

Entergy completes sale of gas assets to Delta Utilities

Entergy has completed the sale of its gas distribution business to Delta Utilities, which now takes over service in Baton Rouge and New Orleans.Delta Utilities, backed by...

03 July 2025
in
Chemicals/Petrochemicals, Renewables

GCF approves $50m for Atome’s Villeta green fertiliser project

The Green Climate Fund has approved $50 million in concessional finance for Atome’s green hydrogen-based fertiliser project in Villeta, Paraguay.The concessional...

03 July 2025
in
Renewables

H2Apex completes deal for 1GW Lubmin hydrogen project from HH2E

H2Apex Group has completed the acquisition of a second green hydrogen project in Lubmin, Germany, from the insolvent HH2E.The Rostock-based project developer has promised...

03 July 2025
in
Manufacturing & equipment, Power

Lyten acquires Northvolt’s Gdansk battery plant

Lyten has acquired Northvolt's battery energy storage systems plant in Gdansk, the largest facility of its kind in Europe.Lyten will immediately restart battery...

03 July 2025
in
Oil & gas

Orlen pens fresh Naftogaz gas supply contract

Orlen has entered into a new contract to supply 140 million cubic metres of natural gas to Naftogaz of Ukraine over the coming months. The gas, sourced from the US,...

03 July 2025
in
Oil & gas

DNO secures North Sea gas offtake, $500m financing facility

Norwegian oil and gas operator DNO has entered into an offtake agreement with France’s Engie for DNO’s Norwegian gas production and secured a related offtake...

03 July 2025
in
Infrastructure

Energy & infra partner Winburne joins Willkie

Blake Winburne has joined Willkie Farr & Gallagher as a partner in the corporate & financial services department. He is based in the firm’s Houston office...

03 July 2025
in
Metals and Mining

Alcoa seals divestment of 25.1% stake in Ma’aden JV for $1.3bn

Alcoa has announced the closure of its sale of a 25.1% ownership interest in the Ma’aden JV to the Saudi Arabian Mining Company, also known as Ma’aden.The...

03 July 2025
in
Metals and Mining

Aluminerie Alouette 'to invest $1.1bn in Quebec'

Aluminerie Alouette, an aluminum producer partially owned by Rio Tinto, plans to invest up to C$1.5 billion ($1.1 billion) to modernise its facilities in northern...

03 July 2025
in
Oil & gas

Vitol 'submits bid above $10bn for Citgo'

Global oil trading house Vitol led a consortium that placed a bid above $10 billion for PDV Holding, the parent company of Venezuela-owned US refiner Citgo Petroleum,...

03 July 2025
in
Metals and Mining

Leo eyes acquisitions after cashing in on Goulamina exit

Leo Lithium has confirmed receipt of the final proceeds from the sale of its interest in the Goulamina lithium project, in Mali, raising $177.6 million including...

03 July 2025
in
Oil & gas

Delfin agrees Siemens turbine capacity for US LNG project

Delfin Midstream secured an agreement with Siemens Energy to reserve four SGT-750 Gas Turbine Mechanical Drive Packages for its LNG liquefaction system, supporting a...

03 July 2025

Glencore launches $1bn buyback as Viterra deal closes

Glencore plans to buy back up to $1 billion of its shares following the completion of the sale of its agricultural business to Bunge. The deal to sell the Viterra unit...

02 July 2025
in
Renewables

Belgium postpones Princess Elisabeth wind tender

The Belgian Council of Ministers has postponed the tender for an offshore wind farm in the Princess Elisabeth Zone I until 2026.Minister of Energy Mathieu Bihet cited...

02 July 2025
in
Manufacturing & equipment

Crystal seals ECA-backed financing for 2 newbuilds

Crystal has finalised a Sace-backed export credit financing facility for its two newbuilds at Fincantieri.The banking consortium was led by Citibank, London branch; along...

02 July 2025
in
Renewables

H2Brazil commits $1.53bn to 2 green hydrogen projects

H2Brazil is investing more than €1.3 billion ($1.5 billion) in a pair of green hydrogen projects.The centrepiece is a massive industrial plant in Uberaba’s...

02 July 2025
in
Other

Asset & Resource Management announces new CEO

Trade finance veteran George RR Wilson has been appointed CEO of Asset & Resource Management Holding Company.He will lead the newly established ARM African Trade...

02 July 2025
in
Oil & gas

TotalEnergies to resume $20bn Mozambique LNG project

TotalEnergies has announced plans to restart operations at its $20 billion Mozambique LNG project before the end of 2025.The project was suspended in 2021 due to...

02 July 2025
in
Other

New CEO of Allianz Trade UK, Ireland begins

Matt Williams has taken up his role of CEO for Allianz Trade in the UK & Ireland. He succeeds Sarah Murrow who has transitioned to CEO of Allianz Trade in the...

02 July 2025
in
Oil & gas

Pakistan looking to sell excess LNG amid supply glut curbing local gas output

Pakistan is exploring ways to sell excess LNG cargoes amid a gas supply glut that could cost domestic producers $378 million in annual losses, according to a presentation...