(Herald Review, 15 November 2013, Decatur) After a year as gloomy as the bottom of a mineshaft, Caterpillar Inc. woke up to a bright ray of sunshine Thursday. The U.S. Export-Import Bank wants to say “yes” to making a $694 million loan that will help support more than 3,000 jobs, including...
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2013/11/30
Country: Australia, USA
ECAs: Export-Import Bank of the United States
Issue: Oil, Gas and Mining
2013/10/31
Issue: Oil, Gas and Mining
Member: Both ENDS, Corner House, Finance & Trade Watch, Euronatura, Friends of the Earth Japan, Les Amis de la Terre, , Re:Common, urgewald
September 13, 2013
Participants to the Export Credit Arrangement
Members of the Export Credit Group
To the Participants and the Members:
We are writing to...
2013/09/30
Issue: BRIC countries, Oil, Gas and Mining
(Alliance News, 23 September 2013, London) - Aureus Mining Inc. Monday said the Export Credit Insurance Corporation of South Africa has approved export credit support for the company's US$88 million project debt finance facility to fund the development of its Liberian New Liberty Gold Project,...
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2013/09/30
Country: Australia, USA
ECAs: Export-Import Bank of the United States
Issue: Oil, Gas and Mining
(Heritage Foundation, 3 September 2013, Washington) For some lawmakers, corporate welfare is okay, unless it hurts someone in their district. Four lawmakers from Minnesota and Michigan are up in arms over a proposed $650 million financing deal for...
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2013/09/30
Country: Australia
ECAs: Export Finance and Insurance Corporation
Issue: Oil, Gas and Mining
Jubilee Australia has teamed up with a group of Sydney visual artists to create a visual arts installation for the Sydney Fringe Festival that profiles the themes in Jubilee Australia's 2012 report ...
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2013/09/01
Country: Australia
Issue: Oil, Gas and Mining
(Bloomberg, Sydney, 11 August 2013) Gina Rinehart, chairwoman of Roy Hill Holdings Pty, is seeking about A$4 billion (US$3.56 billion) from export credit agencies, Banks are betting the economics behind Rinehart’s 21-year-long ambition outweigh concern that $250 billion of planned mines will...
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2013/07/29
Country: Australia, Japan
ECAs: Japan Bank for International Cooperation, Nippon Export and Investment Insurance
Issue: Oil, Gas and Mining
(Reuters, Sydney, 18 July 2013) Australian mining magnate Gina Rinehart's $10 billion Roy Hill iron ore project has overcome key hurdles holding up debt negotiations, a move that could pave the way for the mine to start producing by September 2015, sources said on Thursday... Export credit...
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2013/05/29
Country: Australia
ECAs: Export Finance and Insurance Corporation
Issue: Oil, Gas and Mining
(New Matilda, Paddington NSW Australia, 14 May 2013) Julia Gillard visited ExxonMobil's new gas project in PNG on Friday. It's the biggest development ever in the Pacific - and Australia is one of its main financers, writes Luke Fletcher of Jubilee Australia. On Friday the Prime Minister was...
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2013/04/29
Country: Australia, China, Italy, Japan, USA
ECAs: EXIM Bank China, Export Finance and Insurance Corporation, Export-Import Bank of the United States, Japan Bank for International Cooperation, Nippon Export and Investment Insurance, SACE S.p.A.
Issue: Oil, Gas and Mining
Member: Les Amis de la Terre,
(Banktrack, Nijegen, 18 April 2013) A coalition of seven NGOs (BankTrack, Jubilee Australia, Pacific Environment, Act Now! PNG, Mineral Policy Institute, International Accountability Project and Friends of the Earth France) today sent a letter to seventeen banks that are already involved in the...
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Briefings & reports from ECA watch members
2013/04/19
Issue: Corruption, Oil, Gas and Mining, Transparency
ARCHIVE ONLY - NOT MAINTAINED Nigeria's Bonny Island LNG Project Corruption Case Summary
Brown & Root (KBR), the British subsidiary of Halliburton, has been accused of offering a USD $180M bribe to Nigerian officials to secure a contract for the...
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Briefings & reports from ECA watch members
2013/04/19
Issue: Oil, Gas and Mining
ARCHIVE DOCUMENT ONLY - NOT MAINTAINED
Background on Sakhalin:
Sakhalin's waters contain some of the richest fisheries on the Pacific Rim with a salmon fishery unrivalled anywhere in Russia. It is also home to 25...
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Briefings & reports from ECA watch members
2013/04/18
(August 19, 2005) The Baku-Tiblisi-Ceyhan (BTC) pipeline is the most controversial pipeline in the world. This doubious honour is due to its damaging geo-political, environmental and social impacts, its role in augmenting the power of corporate interests over national...
more Dodgy Deal: Baku-T’bilisi-Ceyhan oil pipeline (BTC pipeline)
Issue: Oil, Gas and Mining
Member: FERN
Briefings & reports from ECA watch members
2013/04/16
Issue: Climate Change, European Union, Oil, Gas and Mining
Member: FERN
...
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2013/03/29
(Chemicals-Technology News, London, 13 March 2013) Al-Karaana Petrochemical Complex is a proposed olefins and derivatives plant, which will be located at Ras Laffan Industrial City in northern Qatar. The project is being developed by a joint venture (JV) of Qatar Petroleum (BP), which holds an 80%... more
Issue: Oil, Gas and Mining
2013/02/28
(RigZone, Houston, 20 February 2013) Pacific Drilling has announced the signing of a $1 billion senior secured credit facility agreement to finance construction of 2 offshore oil drilling rigs, the Pacific Sharav (... more
Issue: Climate Change, Oil, Gas and Mining