Export Development Canada (EDC) is extending a $200 to $300 million loan to Enbridge Inc to support the firm’s oil and gas expansion plans. EDC renewed the...

New Fortress Energy has closed a $700 million loan for the construction of a second floating LNG (FLNG) unit. The company's FLNG 1 recently began production in...

Swiss Re and the nature-based projects marketplace Goodcarbon have partnered on a new carbon credits insurance programme.  It will initially be available to...

Indonesia's state-owned refiner Pertamina will purchase Russian oil for the first time in 10 years. While Indonesia did not join the sanctions imposed on Russia in...

Anglo American is shrinking its trading unit as part of a major restructuring that comes in response to BHP's unsuccessful takeover bid. Sources have confirmed that...

Watchdogs in Canada and the UK have criticised the decision to approve the sale of Canadian mines to Glencore. In July Glencore closed a $7.3 billion deal to acquire Teck...

Ukraine’s NAEC Energoatom has closed on a £181 million ($233.9 million) UKEF-backed loan. The purpose of the loan, which was agreed in late 2023, is to ensure...

Pia Aaltonen-Forsell is joining Northvolt as its CFO from 1 August. Aaltonen-Forsell was CFO of sustainable stainless-steel company Outokumpu for five years. She replaces...

SACE has announced its first Push Strategy transaction in Benin – providing a guarantee covering a €120 million ($130 million) loan to the Ministry of Finance...

In this trade & export finance webinar, Sam Fowler-Holmes, Partner, and Daniela Barrdear, Counsel, consider some of the drivers behind the ever-growing trade finance gap...

The EBRD is providing a loan of up to €26.4 million ($28.62 million) to state-owned Macedonian Transmission System Operator AD (MEPSO).The loan will be used to fund...

Cargo Community Systems Japan (CCSJ) is adopting ONE Record – a supply chain system powered by CHAMP Cargosystems. CCSJ has identified a wide range of ONE...

A cargo of North Sea crude oil last week fetched up to $4 below the spot price in a sign that oil demand remains muted. According to traders familiar with the matter, the...

UAE-based OQ Trading signed a $1.175 billion borrowing base facility on 11 June this year. The one-year facility was provided by ING as documentation agent, in addition...

US natural gas producer EQT has acquired Equitrans Midstream. The deal will create a large-scale vertically integrated gas company with around $425 million in annual...

Swiss-based firm Breitling a signed €205 million ($222.1 million) term loan B on 5 July.  Proceeds will increase its outstanding €890 million term loan B...

MIGA has issued a 15-year guarantee to Credit Agricole covering the risk of non-honouring of financial obligations by a state-owned enterprise (NHFO-SOE) on a $532...

Energean has taken a final investment decision on its Katlan gas development, located offshore Israel in the Mediterranean Sea. The total capital expenditure is expected...

Eni is in talks with private equity group KKR over the sale of a $3.4 billion minority stake in its biofuels subsidiary. The company revealed that KKR has exclusive...

The Jawaharlal Nehru Port Authority has received approval from the Union government to establish India's first ever agricultural processing facility. At a total...