In depth
13 June 2024

The TXF Export Finance Survey pt 2: Geopolitical turmoil

All geopolitical crises are not alike. The issues affecting the market in 2023 may have profound macroeconomic effects, but they have limited direct impacts on export finance. More

News
20 June 2024

ReGen III moves forward with DOE loan application

ReGen III Corp (GIII) has advanced its prospects of receiving a US Department of Energy (DOE) guaranteed loan for a proposed used motor oil (UMO) re-refinery project.The DOE’s Loan Programs Office (LPO) has determined that the company’s project in Texas City meets the definition of an... More

News
20 June 2024

Vulcan Energy to sign ECA financing by year end

Vulcan Energy will sign an ECA-backed financing package for its Zero Carbon Lithium project by the end of 2024. Financial close is scheduled for the beginning of 2025. Export Finance Australia, Export Development Canada, SACE and Bpifrance have all issued expressions of interest in the deal,... More

In depth
05 June 2024

Takeaways from the tea-party: TXF Amsterdam 2024

The 10th edition of the TXF Amsterdam Global Commodity Finance event has now passed, but what were the biggest talking points? Read on for the latest updates on growth in commodities, financing issues and the demands of sustainability. More

News
20 June 2024

TDB pens landmark SACE-backed facility

Eastern and Southern African Trade and Development Bank (TDB) has secured a €100 million financing backed by SACE's Push Facility to boost African-Italian business. The deal is the first Push Facility offered to a multilateral development bank.SMBC and Citi are MLAs, and SMBC is bookrunner... More

News
20 June 2024

China not continuing mega oil-backed loans to LatAm

China will not be resuming the mega oil-backed leaning of yesteryear as its focus turns to debt negotiations, according to the Inter-American Dialogue (IAD) and the Boston University (BU) Global Development Policy Center.A decade ago, Chinese lending to the Latin American-Caribbean region surpassed... More

News
20 June 2024

Environmental activists win landmark ruling over UK oil well plan

In a ruling that could prevent other new UK fossil fuel developments from going ahead, the Supreme Court has ruled that a local council wrongly ignored the impact of future emissions.Environmental campaigners had argued that planning permission to retain and expand an oil well site near London's... More

News
20 June 2024

Egypt seeks deferred payment in summer LNG tender

Egypt is seeking large volumes of gas from global markets this summer with deferred payments of up to six months, terms that market sources said would narrow the list of bidders and increase premiums at a time of high competing demand from Asia.In a tender that closes on June 26, Egypt's Natural... More

News
20 June 2024

South Korea’s first nuclear hydrogen project to be built by 2027

South Korea is to get its first nuclear hydrogen production plant by 2027.Hyundai Engineering & Construction, Samsung C&T, Doosan Energy and Korea Hydro & Nuclear Power (KHNP) were among the eight companies that agreed to build the 10MW pilot — which will utilise KRW29 billion ($21... More

News
20 June 2024

bp to acquire full ownership of bp Bunge Bioenergia

bp has agreed to acquire Bunge’s 50% holding interest in its bp Bunge Bioenergia JV.Upon completion, bp will become sole owner of the industrial scale sugarcane and ethanol business. The enterprise value of the stake to be acquired is approximately $1.4 billion. The acquisition will result in... More

News
20 June 2024

Oceans group takes UK government to court over oil & gas licences

A marine conservation group has initiated legal action against the UK government, claiming the Conservatives’ decision to issue North Sea oil and gas licences without taking into account their impact on the environment was unlawful.Oceana UK, part of an international conservation organisation,... More

News
20 June 2024

Australia antitrust concerns tangle Namoi Cotton bids

Australia’s antitrust watchdog has raised concerns around Olam Agri Holdings' proposed A$144 million ($96 million) takeover of Namoi Cotton, further complicating a tangled battle for one of Australia’s largest cotton processors.The Australian Consumer and Competition Commission,... More

Event
Oct 2 - Oct 3, 2024

Asia 2024: Agency, Energy & Infrastructure Finance

Marina Bay Sands, Singapore

A networking super-highway for the agency, energy & infrastructure finance world!

Full details
News
20 June 2024

KTH secures Afreximbank loan for Douala port expansion

UK firm Kharam Trading Holding has secured a €142 million (CFA93 billion) loan for Africa Port Development, a project company created for expanding the Douala Port, Cameroon.The money was secured from Afreximbank for constructing a bulk terminal on the right bank of the Wouri River at... More

News
20 June 2024

QatarEnergy, Exxon seek to remove contractor from Texas gas project

Owners of a $10 billion LNG project that has stalled with the bankruptcy of its main contractor are asking a court to immediately oust Zachry Industrial from the project, a court filing showed.Zachry, which held the lion's share of the contract to build Golden Pass LNG, filed for Chapter 11... More

News
20 June 2024

Afreximbank, Africa CDC in $2bn deal to support pharmaceutical manufacturing

Afreximbank and the Africa Centers for Diseases Control and Prevention (Africa CDC) have renewed their partnership with a new $2 billion cooperation agreement. Afreximbank has committed a $2 billion facility to the “Africa Health Security Investment Plan” to support the health... More

News
20 June 2024

US backs Angola plan to process critical minerals, export power

The US is backing Angola’s efforts to diversify from being an oil-dependent economy to becoming a critical-minerals processor and exporter of clean power.The southern African nation, one of the top crude producers on the continent, has become a focus for the US in its campaign to secure... More

News
20 June 2024

EIB lends €200m to Iren to boost electricity infrastructure

EIB and Iren Group have signed a €200 million ($215 million) financing deal to support the development and modernisation of electricity infrastructure in the municipalities of Parma, Turin and Vercelli.Funds will be used for the maintenance, renewal and development of existing distribution... More

News
20 June 2024

Swiss prosecutors start Glencore criminal probe

Glencore said the Office of the Attorney General of Switzerland has opened a criminal investigation into Glencore International AG for failure to have measures in place to prevent alleged corruption in the Democratic Republic of Congo. The commodity miner and trader said it will cooperate with the... More

News
19 June 2024

Simply Blue advances Irish sustainable fuel ambitions

Simply Blue Group has acquired land as part of its plans to develop a renewable energy park to produce sustainable fuels.  The land in Whitegate, adjacent to Ireland’s only oil refinery, has been zoned for industrial use for more than a decade. It is located near the high voltage... More

News
19 June 2024

Towngas and Veolia launch biogas-to-hydrogen pilot

The Hong Kong and China Gas Company (Towngas) and Veolia have launched a pilot project to convert biogas from a landfill site into hydrogen in Hong Kong.The project, located at the Sentx landfill site, is the state's first green hydrogen project and will have a projected daily production... More