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EBRD to become shareholder in Canadian investor Dundee Precious Metals to promote highest industry standards. The European Bank for Reconstruction and Development (EBRD) is investing C$ 43.7 million (approximately US$ 32.7 million equivalent) in the development of the Krumovgrad gold…

On the shortest day of 2016, the US Department of Energy announced that it has made the “first ever offer for a conditional commitment” of loan guarantees under its Advanced Fossil Energy project to Lake Charles Methanol, LLC, for a…

Power cuts are common in Uganda with several businesses suffering thousands of losses. In Soroti village located in the eastern part of Uganda, power shortage is common just like any other town in the country. Power shortage has severely affected…

Babcock & Wilcox Vølund has been awarded a contract worth approximately $35 million to design, supply and construct a waste to energy boiler for a combined heat and power plant in Boden, Sweden. Danish waste to energy technology firm, Babcock…

Shell has signed an agreement with Vitol Africa B.V. to sell its 20% shareholding in Vivo Energy for US$250 million. Completion of this transaction is expected during the first half of 2017, subject to regulatory approval. The sale is in…

If everything goes to plan, New York City and Long Island will be harnessing the Atlantic Ocean’s strong and dependable winds as a source of renewable energy. Norway’s biggest oil company will be developing an offshore wind farm outside of…

The World Bank has received a contribution of US$2.0 million from the Swedish International Development Agency (Sida) to provide Technical Assistance (TA) for improved solid waste management practices in Bosnia and Herzegovina. Technical Assistance activities will seek to strengthen the…