Trafigura Pte, the Singapore arm of commodity trader Trafigura, paid $4.3 billion in oil-related payments to state entities in 2013. The deals in Colombia, Ghana,...

Export credit agency, the Japan Bank for International Cooperation (JBIC), will include eastern Russia in Japan's plans to fund infrastructure projects in Asia....

Lightstream Resources, a Canadian oil and gas group, has had the borrowing base under its credit facility reduced to $550 million from $750 million. The credit...

Societe Generale Corporate & Investment Banking has appointed Sylvie Leclercq as managing director, head of export finance for Hong Kong. She will work closely...

The limit of lending by Brazil's state-run development bank BNDES has been cut by the country's national monetary council. The limit of its subsidised lending...

Canadian oil and gas company Ikkuma Resources has had the borrowing base under its syndicated credit facilities reduced to $65 million from $75 million. Ikkuma's...

Indonesia will next year ditch the US dollar in favour of the yuan in its trade with China. It is hoped the move will help save foreign exchange reserves and reduce...

Singapore-headquartered agricultural trader Olam International will form a joint venture in Japan with its strategic partner Mitsubishi Corp to increase local...

Profits and revenues at Asia's big three commodity traders - Noble Group, Olam International and Wilmar International - were hit in the third quarter by a drop in...

Rabobank and export credit insurer Atradius Dutch State Business (Atradius DSB) have combined to help arrange project financing for two onshore wind farms in Finland....

Specialist financier Falcon Group has appointed three senior originators to develop its forfaiting capabilities. The new hires, Ray Webb, Martin Betts and Keith...

Energy trader Vitol Dubai has bought a 15% stake in Pakistan-based fuel oil storage and trading company Hascol Petroleum. The deal is believed to include an option for...

The Russian Agency for Export Credit and Investment Insurance (EXIAR) and the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) have signed...

Chad has become the 38th country to join the Cairo-based African Export-Import Bank (Afreximbank). The official accession document was signed by Chad's Minister of...

The Kuwait Investment Authority - the country's sovereign wealth fund - has allocated another $500 million to investment projects in Russia in partnership with the...

Fondo Sviluppo Export, a fund created by Italian export credit agency SACE, is underwriting a €10 million bond issued by Italian machinery producer SCM Group. The...

Sumitomo Mitsui Banking Corporation Europe (SMBCE) and Mizuho have arranged and signed a €132 million ($142.7 million) loan facility with the Azerbaijan state-owned...

USA-headquartered energy company Triangle Petroleum has had the borrowing base under its senior credit facility reaffirmed at $350 million. No terms of the credit...

Russian gold and silver producer Polymetal has sealed a four-year pre-export finance facility agreement for $245 million with an opportunity to raise it to $350...

The commodities team of international law firm Holman Fenwick Willan (HFW) has been boosted by the appointment of trade finance specialist Philip Prowse. He joins the...