Shandong Qingyuan Group has signed a new $430 million one-year-and-four-month pre-financing facility that will be used to procure crude oil exclusively from Trafigura (also guarantor). The feedstock will then be refined into a base oil and sold to offtaker CNOOC. The deal comprises four tranches...
The release of Glencore’s half-year financial results disappointed its shareholders. Profits are down across its legendary energy trading arm, even while its metals business...
Irene Gambelli, subsidised financing manager at Maire Met Development, discusses her new role, and her work in liaising with MDBs and DFIs alongside ECAs to initiate, promote...
TXF spoke with Preslav Raykov, global head of trading at Eleen Marine about the importance of risk controls in the present geopolitical environment as well as strategies for aligning stakeholders across commodity supply chains.
The release of Glencore’s half-year financial results disappointed its shareholders. Profits are down across its legendary energy trading arm, even while its metals business records strong revenues. However, its unparalleled access to cheap liquidity should see it through another period of stagnant commodity prices.
Irene Gambelli, subsidised financing manager at Maire Met Development, discusses her new role, and her work in liaising with MDBs and DFIs alongside ECAs to initiate, promote and co-develop sustainable projects.
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