Finance Tag

BNP Paribas, France’s largest listed bank, has announced that it will no longer do business with companies working in shale oil or gas and it transitions to supporting renewable energy projects. The bank will stop working with and financing any companies or projects whose principal business...

Chinalco, China’s main mining company, has signed a preliminary deal with the Peruvian Government to expand the Toromocho copper mine. The agreement is part of a number of deals signed this week that will see China invest nearly US$5.3 billion into Peru’s resources sector. Chinalco is expected...

Rio Tinto (ASX:RIO) has announced a US$3 billion bond buyback plan to further reduce gross debt. Taking advantage of its strong liquidity, the mining giant has launched an offer to repurchase its US dollar-denominated bonds as part of an ongoing capital management plan. So far this year,...

UK solar projects have seen £11 billion of investment since 2013 and activity will continue to rise, according to the latest research. The UK Renewable Energy Finance 2016 report from Clean Energy Pipeline and TLT demonstrated a 14 per cent increase in tracked solar deals...

Rose Petroleum (AIM:ROSE) announced it has raised £800,000 to fund expansion into Cuba. The natural resources company is using the money to develop near term opportunities around the processing and manufacturing of gypsum and associated materials. Rose has already held talks with a Cuban government-owned...

Independent Oil and Gas (LSE:IOG) announced it has secured £13.6 million in funding to pursue its North Sea acquisition strategy. The financing from London Oil and Gas will service acquisitions of near term oil and gas developments and low-risk production assets in the North Sea. The development-focused...

SolarCity (NASDAQ:SCTY) has announced it has secured US$131 million to fund residential, commercial and military solar projects. The fund will cover the capital cost of solar system equipment and installation making it possible for solar energy to be cheaper for homeowners than electricity from the grid. The...