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BB Energy refinances RCF

Energy trader BB Energy has closed on a new $245 million revolving credit facility that replaces and extends existing debt

ACWA Power signs Bangladesh power pact

Riyadh-based ACWA Power has signed a memorandum of understanding with the Bangladesh Power Development Board to develop a $3 billion regasified LNG combined-cycle power plant and LNG terminal complex

Trans-Oil closes latest PXF

Moldovan agribusiness Trans-Oil International has closed on a new $150 million pre-export financing facility that was significantly oversubscribed

US Exim signs huge lending agreement with Iraq

Export-Import Bank of the United States has signed a new memorandum of understanding with Iraq’s Ministry of Finance, committing to funding of between $3 billion and $5 billion

Brazil registers four more for oil auction

Brazil’s oil and gas regulator ANP has added the last four companies to the list of pre-qualified institutions to participate in the 6th bidding round under the production sharing agreement, which will award some blocks that are part of the gigantic oil fields of the pre-salt region

Petrobras contracts two FPSOs

Petrobras has signed letters of intent with Japan's Modec and Malaysia's Yinson for the chartering of two floating production storage and offloading platforms for 25 years each

ADB promotes PPP expert

Amer Chowdhury has been promoted to senior PPP specialist, in transaction advisory services in the Office of PPP at the Asian Development Bank

EBRD to invest in Egyptian renewables developer

The European Bank for Reconstruction and Development is considering an equity investment of up to $60 million into Egyptian renewables developer Infinity Energy

Indian gas distributor added to Total and Adani's JV

French oil and gas giant Total and Indian conglomerate Adani Group have agreed on the addition of Adani's natural gas distribution company in India to their 50/50 joint venture platform for the Indian natural gas sector announced last year

Neptune Energy grows North Sea portfolio

Neptune Energy is to acquire Edison E&P’s UK and Norwegian assets – contingent on Energean completing its acquisition of the wider Edison business

ConocoPhillips finds a buyer for northern Oz assets

Co-investor Santos has signed a deal to buy the northern Australia business of ConocoPhillips for up to $1.465 billion, taking over its stakes and operatorship for the Darwin LNG facility and various upstream fields including the Barossa development

World Bank approves funding for Afghan gas-to-power

The World Bank Group approved on 10 October a $98.8 million financing package to support two greenfield gas-fired power projects in northern Afghanistan

New general counsel at EBRD

The European Bank for Reconstruction and Development has appointed Michael Strauss as its new general counsel

BNDS lends on Brazilian transmission project

Brazilian development bank BNDES will provide all of the debt funding for Chimarrão Transmissora de Energia's R2.24 billion transmission project

Afreximbank eyes LSE listing

African Export-Import Bank has announced it is considering an initial public offering on the main LSE market

Banks partner with USAID to support coffee farming

Three commercial banks have partnered with Neumann Kaffee Grupe (NKG), sustainable trade initiative IDH, and USAID to provide finance to small holder coffee farmers in Kenya, Honduras and Mexico

GT Commodities close inaugural revolver

The North American trading hub of metals merchant Gerald Group has closed on a $300 million syndicated revolving credit facility

ADB selects adviser on Timor-Leste Bay Port project

The Asian Development Bank has named an engineering firm as project performance support adviser on a PPP project in Timor-Leste, following a month-long review