Addax Energy has closed its inaugural committed unsecured revolving credit facility totaling $195 million. The facility was substantially oversubscribed and upsized from its initial launch amount of $125 million. It attracted 15 existing and new relationship banks.The revolver contains a 364-day...
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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