Lightsource BP Complete $380 MM Financing Package for Solar Projects
Lightsource BP company announced it has successfully completed the financing package of $380 million for Elm Branch and Briar Creek solar projects in Texas.
Financing | Egypt Oil & Gas - Part 2
Africa Energy Increases South African Presence
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%.
South Korea in Talks to Fund Solar Power Plant in Hurghada
South Korea is in talks to fund a 20MW solar power plant in Hurghada.
Congo Received $250m to Support Oil Fields
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
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
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
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).
