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In:

Metals and Mining, Oil & gas

Region:

Europe

Daniel Pembrey

Reporter

With further US sanctions looming over Russia, and uncertainty over what form they will take, a backlog of commodity-linked deals is growing. But Russian borrowers and traders have become increasingly adept at sanctions compliance and are continuing to develop new protective measures.

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Taean: A Korean offshore wind test case for ECAs

Perspective

03 September 2026

Taean: A Korean offshore wind test case for ECAs

The embryonic Korean offshore wind market is a long way off project finance adolescence. A viable ECA-backed template for big-ticket projects is set to emerge next year – but...

Serica and Adura: A modest comeback for North Sea RBLs

Perspective

03 September 2026

Serica and Adura: A modest comeback for North Sea RBLs

Serica Energy’s oversubscribed $750 million refinancing and Adura’s $3 billion RBL show that bank liquidity is returning to the UK’s North Sea. But it is returning on terms...

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ECAs in Asia: Exploring frictions holding up ECA support

Video

26 August 2026

ECAs in Asia: Exploring frictions holding up ECA support

Ahead of Asia 2026, TXF gathered a handful of ECAs to outline why international ECA support still struggles to land in Asia — and where it is starting to work.

Perspective

03 September 2026

Taean: A Korean offshore wind test case for ECAs

The embryonic Korean offshore wind market is a long way off project finance adolescence. A viable ECA-backed template for big-ticket projects is set to emerge next year – but international sponsors looking to farm down assets remain wary of the sector.

Perspective

03 September 2026

Serica and Adura: A modest comeback for North Sea RBLs

Serica Energy’s oversubscribed $750 million refinancing and Adura’s $3 billion RBL show that bank liquidity is returning to the UK’s North Sea. But it is returning on terms that favour the larger, diversified producers created by consolidation.