Financing
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Lightsource BP Complete $380 MM Financing Package for Solar Projects
Wednesday, 27th January 2021
Lightsource BP company announced it has successfully completed the financing package of $380 million for Elm Branch and Briar Creek solar projects in Texas.
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Africa Energy Increases South African Presence
Wednesday, 26th August 2020
Oil and gas company, Africa Energy Corporation, has signed definitive agreements to increase the company’s effective interest in Block 11B/12B offshore South Africa from 4.9% to 10%.
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South Korea in Talks to Fund Solar Power Plant in Hurghada
Tuesday, 4th April 2017
South Korea is in talks to fund a 20MW solar power plant in Hurghada. -
Congo Received $250m to Support Oil Fields
Monday, 16th January 2017
Congo has signed a facility agreement with Afreximbank under which the Bank will provide $250m in future flow pre-financing to meet Brazzaville’s strategic plan for its oil fields. -
Tunisian Oil Firms Ramp up CSR Spending
Thursday, 4th August 2016
Four Tunisian oil companies located in the Kebili region spent $1.3m for private initiatives boosting development through small projects. -
Russia Gets Funding for Gas Plant from China
Wednesday, 4th May 2016
Two Chinese state banks have agreed to lend more than $12b to develop a Liquefied Natural Gas (LNG) plant in the Russian Arctic, in a boost for one of Russian President Vladimir Putin’s flagship projects. -
Petroleum Portfolio Expanding at National Bank of Egypt
Monday, 24th August 2015
A source informed Amwal Al-Ghad that the financing portfolio for the petroleum sector recorded loans and credits of EGP 41b ($5.2b) at the National Bank of Egypt (NBE). -
US Shale Oil Producers Struggle with Financing
Thursday, 2nd April 2015
Lenders are preparing to cut the credit lines to a group of junk-rated U.S. shale oil companies by as much as 30 percent in the coming days, dealing another blow as they struggle with a slump in crude prices, according to people familiar with the matter.
Latest News
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Norpetco Inaugurates HSE Project with $1.3 MM
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El Molla Attends the 5th IEF-EU Energy and Climate Day
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El Molla Showcases Ramallah Visit Results Before Cabinet
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Wintershall Dea Records High production level of 650,000 boe/d in Q4 2020
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 62.73 | +2.00% |
Crude Oil (Brent) Brent | USD/bbl | 65.70 | +1.99% |
NYMEX Natural Gas | USD/MMBtu | 2.79 | +0.65% |
OPEC Basket Price | USD/bbl | 65.42 | +2.22% |
Last Modified March 1, 2021