Petroleum Development Oman, who traditionally rely on state funding, has turned to commercial banks for finance in the wake of lower oil prices, as the oil company seeks...

The World Bank will bring in new bidding rules for infrastructure loans to stress the importance of the long-term effects of projects on the environment and people....

Former Bunge executive Pedro Parente has been named chief executive of Brazil's ailing state-run oil company Petrobras. Parente was also chief of staff of former...

Eng. Hani Salem Sonbol has been named as the new chief executive officer (CEO) of the International Islamic Trade Finance Corporation (ITFC), a member of the Islamic...

The Export-Import Bank of Korea (Kexim) is investing $10 million in Kolon Group's US-based drug-developing subsidiary TissueGene. It is Kexim's first equity...

Australian mining group OZ Minerals has designed a refining process that allows it to increase the quality of its copper concentrate and cut export costs. Hydromet...

Trade finance specialist Bolero has teamed up with Australia-based consulting and solutions group BSM Global. Customers using both companies can now use a single...

Maria Silvia Bastos Marques, the former chief executive of steelmaker Companhia Siderurgica Nacional, has been named as the new head of Brazilian state development...

The Korea Development Bank (KDB) and Export-Import Bank of Korea (Kexim) have been accused of lax management and so-called 'parachute appointments', where...

Texas-based Abraxas Petroleum has seen its borrowing base cut to $130 million, with a further reduction to $120 million due in October. The company is selling some...

An Export-Import Bank of Korea report has warned that the country's shipbuilders' worst-ever slump may stretch into next year, as demand for new ships is...

Global law firm Ince & Co has announced the partner promotion of Ronan Le Du in its Greek Piraeus office. He joined in 2006 and specialises in ship finance and...

Former XL Catlin underwriter Jonathan Bint has joined Lloyd's insurer Chaucer as political risk underwriter and analyst. He will help drive Chaucer's political...

Turkey's largest private bank, İşbank, has increased the size of its annual revolving credit facility last week - a $1.4 billion syndicated loan with a record 47...

Italian shipbuilding continues to boom with last month’s ECA-backed loan for a new vessel from Fincantieri.

The EBRD’s Trade Facilitation Programme is further embedding itself in countries of the new region – Jordan, Morocco, Tunisia, Turkey, Egypt and Cyprus – where financial...

CoinDesk has released its latest State of Blockchain report, and tackles the question of whether we are just a couple of years away from seeing the radical effect of...

The independent commodites trading houses which thrived as prices dropped had two things in common: They were not focused on upstream concessions, and they adjusted...

SWIFT discusses the "Blockchain: beyond the hype" session at its business Forum London 2016 and looks at how the conversation has moved from "what is...

Ukrlandfarming, the Ukranian agricultural holding group, has agreed to restructure debt on a loan worth almost $60 million with the Export-Import Bank of the United...