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18 October 2024
in
Metals and Mining

US pushes for ECA special creditor status for Reko Diq funding

The US has once again sought preferred creditor status for its export credit agency which is looking to lend around $1 billion to Pakistan's Reko Diq gold and copper...

18 October 2024
in
Metals and Mining

US Ex-Im issues LOI for $325m Graphite One financing

The Export-Import Bank of the United States is considering debt financing of up to $325 million to support Graphite One's plans for a complete domestic US supply...

18 October 2024
in
Chemicals/Petrochemicals

ECHEM to tap foreign banks for $700m

The Egyptian Petrochemicals Holding Company (ECHEM) is planning to secure $700 million in financing from foreign banks, sources said.The banks include Emirates NBD,...

18 October 2024
in
Metals and Mining

Torq signs Santa Cecilia project loan

Torq Resources has signed a loan of up to $1.81 million with Gold Fields. The loan will be drawn in tranches and enable Torq to make an underlying option agreement...

18 October 2024
in
Renewables

Poland plans €2bn green hydrogen project

The Polish government is planning to develop an up-to €2 billion ($2.2 billion) green hydrogen project in the country, with a view to supplying the H2 to the...

18 October 2024
in
Oil & gas

China to pump $1bn into Pakistan Refinery upgrades

China has agreed to provide $1 billion to Pakistan Refinery Limited (PRL) for its upgrade project.However, Chinese Investment Corporation has made it clear that it does...

18 October 2024
in
Oil & gas

Production sharing deals accepted for 5 Guyana offshore oil blocks

TotalEnergies, Qatar Energy, Petronas, Cybele Energy, Delcorp and International Group Investment have reached agreements with Guyana over terms of production sharing...

18 October 2024
in
Other

ICC unveils digital trade reliability assessment tool

The International Chamber of Commerce has launched a technical tool to assess the reliability of digital services or networks. The tool will facilitate the transfer of...

18 October 2024
in
Transport

JBIC funds container train transportation business in India

JBIC has signed a loan deal with India's Joshi Konoike Transport & Infrastructure (JKTI) to procure freight cars and provide container transport services. The...

18 October 2024
in
Oil & gas

Energy Transfer signs preliminary deal on Lake Charles project

Pipeline operator Energy Transfer has signed a preliminary contract with a consortium to build its proposed Lake Charles LNG plant, a filing with federal regulators on...

18 October 2024
in
Oil & gas

India's HPCL to start LNG terminal around year-end

India's Hindustan Petroleum (HPCL) is seeking a LNG cargo to commission its new import terminal in December or January, and is in talks with eight or nine companies...

18 October 2024
in
Metals and Mining

Cornish Metals seals more Vision Blue funds

Cornish Metals has signed a £7 million ($9.1 million) secured credit facility with Vision Blue Resources. Funds will be used to support the continued development of...

18 October 2024
in
Oil & gas

UK imposes sanctions on Russian oil and LNG vessels

Britain has imposed sanctions on 18 more Russian oil tankers and four LNG vessels, the largest batch of sanctions to date against Russia's so-called "shadow...

18 October 2024
in
Renewables

Vinson & Elkins expands energy transition and tax practices

Vinson & Elkins has added Jenny Speck as a Houston-based partner in its Energy Transition and Tax Practices. Speck joins from Bracewell.She advises clients on the...

18 October 2024
in
Metals and Mining

Aurum Resources makes takeover bid for Mako Gold

Aurum Resources has signed a bid implementation agreement with Mako Gold that will see Aurum acquire all issued shares and options of Mako.The off-market takeover bid is...

18 October 2024
in
Metals and Mining

Raiden Resources raises A$10m

Raiden Resources has completed the placement of 312,500,000 fully paid ordinary shares at A3.2c per share, raising A$10 million ($6.7 million) before costs. The placement...

17 October 2024
in
Renewables

Gevo SAF project granted conditional loan guarantee

The US Department of Energy (DOE) Loan Programs Office (LPO) has granted a conditional loan guarantee commitment to Gevo for its Net-Zero 1 project (NZ1) in South...

17 October 2024
in
Metals and Mining

Manara in talks to buy stake in First Quantum's Zambian mines

Saudi Arabia's Manara Minerals is closing in on a deal to buy a minority stake in Canadian miner First Quantum Minerals' Zambian copper and nickel assets, three...

17 October 2024
in
Transport

Carnival to sign ECA-backed loan imminently

Carnival Corporation is expected to sign a €4.5 billion ($5 billion) ECA-backed loan to finance the purchase of three new class of cruise ships from Fincantieri...

17 October 2024
in
Renewables

Ardian mulls co-investments in green hydrogen with Masdar, PIF

French private equity company Ardian is evaluating co-investment in green hydrogen projects with Abu Dhabi’s Masdar and exploring a tie up for joint deals in the...