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26 July 2024
in
Oil & gas

Oil set for third weekly decline, pressured by Gaza ceasefire hopes

Oil prices slipped on 26 July and were on track for a third consecutive weekly decline, pressured by muted demand in China and hopes of a Gaza ceasefire...

26 July 2024
in
Oil & gas

Petrobras to buy back refinery from Mubadala

Brazil's state-run oil company Petrobras is wrapping up due diligence for a bid on the Mataripe refinery it sold to Abu Dhabi sovereign fund Mubadala for $1.65...

26 July 2024
in
Metals and Mining

Asian coal prices rangebound in Q3 with eyes on Indian appetite

The seaborne metallurgical coal market will likely remain rangebound in Q3 as cargo supplies offset the fears of tight supply following a mine incident, while the market...

26 July 2024
in
Power

ADB advising on future Kazakh hydro DBFOM concession auction

Asian Development Bank (ADB) has signed a transaction advisory services agreement with the Government of Kazakhstan for its Hydropower Development Program. ADB’s...

26 July 2024

Fitch affirms SACE at BBB stable

Fitch Ratings has affirmed SACE's long-term issuer default rating (IDR) at 'BBB' with a stable outlook. A full list of rating actions is below.The affirmation...

26 July 2024
in
Metals and Mining

Gold rises after sharp sell-off, focus shifts to US inflation data

Gold prices regained some ground on Friday after falling sharply in the previous session, ahead of key U.S. inflation data that could offer more cues on when interest...

26 July 2024
in
Waste and water

Georgia Global Utilities' green bond gets major DFI backing

Georgia Global Utilities (GGU), a subsidiary of Aqualia, has raised $300 million from a green bond issue. The deal features anchor investments from ADB ($40 million),...

26 July 2024
in
Infrastructure

€430m loan agreed for Spanish high-speed rail line

The EIB and the Spanish railway infrastructure company Adif Alta Velocidad (Adif AV) have signed a €430 million ($467 million) loan to build a high-speed rail...

26 July 2024
in
Transport

Asyad acquires Skybridge freight solutions

Omani global logistics provider Asyad Group has acquired freight forwarding companySkybridge Freight Solutions (SFS). The landmark acquisition is the group’s first...

26 July 2024
in
Metals and Mining

Anglo American agrees $195m sale for royalty assets

Anglo American has agreed to sell two royalty assets to Taurus Funds Management for $195 million. The deal is comprised of an upfront payment of $150 million and up to...

26 July 2024

KBC Bank UK joins UKEF financing scheme

KBC Bank is the latest lender to join a government scheme supporting UK exporters. The bank is now participating in the General Export Facility (GEF) scheme offered by UK...

26 July 2024
in
Metals and Mining, Oil & gas, Renewables, Telecoms and Communications

The new entrants fuelling a growing export finance market

The record surge in export finance volumes in 2023 was not just driven by existing banks writing larger tickets. TXF looks at the new lenders in export finance, and the...

26 July 2024
in
Other

UK joins groundbreaking global digital trade agreement

On 26 July, the UK joined a ground-breaking agreement which is designed to grow the economy by boosting global digital trade.  After five years of negotiations, the...

26 July 2024
in
Transport

Lobito minerals terminal receives first vessel

Trafigura has announced that a new mineral terminal at Angola's Port of Lobito has received its first vessel. The MV Lindsaylou, a bulk cargo vessel loaded with...

26 July 2024
in
Other

OpenText helps automate Egypt's DFI

OpenText announced that the Export Development Bank of Egypt (EBank Egypt) has utilised OpenText IT Operations Cloud solutions to increase efficiency and innovation.EBank...

26 July 2024

Thai Exim launches first blue bond

Thai Exim has issued its first locally denominated blue bond. Launched with Thai financial institutions, the bond carries a three-year tenor, an issue size of THB3...

25 July 2024

IDB and Kexim expand co-financing

The Inter-American Development Bank (IDB) and the Export-Import Bank of Korea (Kexim) have signed an agreement to expand the co-financing of sovereign guaranteed...

25 July 2024
in
Renewables

Shell takes FID in Refhyne 2

Shell has taken a final investment decision (FID) to progress a 100MW electrolyser project – Refhyne 2 – in Germany at the Shell Energy and Chemicals Park...

25 July 2024
in
Renewables

Emden hydrogen project progressing

Siemens Energy has been awarded a contract by German utility EWE to supply a 280MW electrolysis system.The plant in the German city of Emden is expected to go into...

25 July 2024
in
Renewables

UK's Great British Energy and The Crown Estate to team up

The UK government is introducing a bill to establish Great British Energy, a publicly owned clean energy company. Ahead of issuing the bill, the government revealed a...