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02 March 2022
in
Renewables

ESIA approval for Hope Wind project in Guyana

The Environmental and Social Impact Assessment (ESIA) for the Hope Wind Farm project on East Coast Demerara in Guyana has been approved.  Approval of Hope Energy...

02 March 2022
in
Oil & gas

Exxon to exit Russia, leaving $4bn in assets, Sakhalin LNG project in doubt

Exxon Mobil has announcd that it will exit Russia oil and gas operations that it has valued at more than $4 billion and halt new investment as a result of Moscow's...

02 March 2022
in
Metals and Mining

Metalloinvest seals sale of Ural Steel

Metalloinvest has completed the sale of its 100% stake in Ural Steel to Zagorsk Pipe Plant, one of Russia’s largest suppliers of large diameter pipes for oil and...

02 March 2022
in
Oil & gas

Troutman Pepper hires Melinda McGrath to energy practice

Melinda McGrath, a leading attorney with extensive knowledge of the Federal Energy Regulatory Commission, Natural Gas Act, and state regulatory matters, has joined...

02 March 2022
in
Metals and Mining

Cobalt Blue's Broken Hill gets Major Project status

Australia's federal government has granted Major Project status to ASX-listed Cobalt Blue for its A$560 million (about $406 million) Broken Hill project, in New South...

02 March 2022
in
Metals and Mining

Asia Broadband to buy Zodiac gold project in Mexico

Asia Broadband has signed a definitive purchase agreement to acquire a 100% interest in the Zodiac Gold Mine Project, in Buen Pais, Mexico. The company came to terms...

02 March 2022
in
Oil & gas

Italy 'freezes loan for Russian Arctic LNG 2 plant'

Russia's invasion of Ukraine has prompted Italy to put on hold its share of financing for the $21 billion Arctic LNG 2 project led by privately-owned Russian gas...

02 March 2022
in
Oil & gas

Shell to exit Russia after Ukraine invasion

Shell will exit all its Russian operations, including a major liquefied natural gas plant, becoming the latest major Western energy company to quit the oil-rich country...

01 March 2022
in
Renewables

More details on New York Bight winning bids

Further details have emerged on the sponsor line-ups behind the provisional winners for the six New York Bight leases auctioned by the US Bureau of Ocean Energy...

01 March 2022
in
Renewables

Duo win BoP contract for 3 Japanese offshore projects

Kajima Corporation and Van Oord have been selected as the preferred Balance of Plant contractors for three Japanese offshore wind projects with a combined capacity of...

01 March 2022
in
Power, Renewables

Grenergy enters US market with Sofos stake acquisition

Spanish renewables company Grenergy has entered the US market with the acquisition of a 40% stake in PV and battery developer Sofos Harbert Renewable Energy. Grenergy...

01 March 2022
in
Transport

PNC Infratech is lowest bidder for Uttar Pradesh HAM

PNC Infratech has been declared the lowest bidder for the National Highways Authority of India (NHAI) project for the 4-laning of a 33km section of NH 530B in the State...

01 March 2022
in
Power

InterGen's Gateway BESS awarded capacity contract

InterGen has been awarded a 15-year Capacity Market contract for its Gateway battery energy storage system (BESS) project as part of the Government’s annual...

01 March 2022
in
Social infrastructure

NZ Schools III PPP refinances

Commonwealth Bank has helped HRL Morrison & Co arrange a NZ$180 million ($120 million) sustainability loan to refinance NZ Schools III PPP's initial loan which...

01 March 2022
in
Power

Nebras Powers acquires stake in Bangladeshi power plant

Nebras Power Investment Management (NPIM) has completed the purchase of a 24% stake in Bangladesh-based Unique Meghnaghat Power Limited. The stake was acquired from...

01 March 2022
in
Renewables

Shell to acquire stake in WestWind Energy

Shell Energy Operations has signed an agreement to acquire 49% of Australian wind farm developer WestWind Energy Development for an undisclosed price. The company has a...

01 March 2022
in
Renewables

Pacifico signs first green loan with UBS

Pacifico Renewables Yield has signed a €35 million ($39 million) debut secured green loan private placement with UBS Asset Management. The loan has a fixed interest...

01 March 2022
in
Metals and Mining

IGO drops CSA acquisition bid

Australian miner IGO has discontinued negotiations with Glencore to buy its CSA copper mine in New South Wales, a week after entering exclusive discussions for the deal....

01 March 2022
in
Other

EBRD to suspend Russia and Belarus

The EBRD is just waiting on approval from its governors to suspend indefinitely Russia and Belarus’ access to EBRD finance and expertise. The bank’s governors...

01 March 2022
in
Power, Renewables

Orica and Origin study Hunter Valley green hydrogen hub

Orica and Origin have signed a MoU to conduct a feasibility study into the viability of a green hydrogen production facility in Australia's Hunter Valley as well as...