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06 September 2024

ADB to devote half its lending to climate finance by 2030

ADB has approved a new goal to devote 50% of its annual lending to climate finance by 2030 and boost private sector capital mobilization as part of a sweeping strategy...

26 June 2024

Global 2024 Export, Project & Development Finance, Athens: The Oracle speaks

The Delphic Oracle has spoken at TXF Global Export Finance Athens 2024 and the auguries are generally good for the export finance industry. We dig through some of the...

20 June 2024

The TXF Export Finance Survey pt 3: Centring sustainability?

There’s agreement between lenders, ECAs and borrowers that sustainability needs to be at the heart of the export finance market. But they remain some distance apart on...

13 June 2024

The TXF Export Finance Survey pt 2: Geopolitical turmoil

All geopolitical crises are not alike. The issues affecting the market in 2023 may have profound macroeconomic effects, but they have limited direct impacts on export...

11 June 2024
in
Metals and Mining

Nevada Copper files for bankruptcy, CEO steps down

Nevada Copper has filed for bankruptcy protection under Chapter 11 of the US Bankruptcy Code. The company, which owns the Pumpkin Hollow mine, will not continue...

04 June 2024

The TXF Export Finance Survey pt 1: Not feeling it quite yet

The macro environment is still a little unsettled. So the industry is not completely willing to accept the good news on transaction volumes.

03 June 2024
in
Metals and Mining

IXM co-head of refined metals is leaving

IXM’s co-head of refined-metals trading is leaving the company, the latest in a series of personnel changes at the trading house owned by Chinese miner CMOC...

30 May 2024
in
Renewables

EU green lights €1.4bn in state subsidies for hydrogen projects

The European Commission has agreed state subsidies for a range of projects aimed at using hydrogen to replace fossil fuels in tranport.Airbus, BMW and Michelin are among...

25 April 2024
in
Oil & gas

Ithaca and Eni reach deal for upstream assets deal in the UK

Ithaca Energy has reached an agreement with Eni regarding the upstream assets of its UK business. Under the proposed deal, Eni UK will be issued ordinary shares that...

22 March 2024
in
Oil & gas

Greg Joiner to head Shell Energy unit

Shell has appointed Greg Joiner to head its Shell Energy unit, which oversees renewable generation, gas and power marketing, as part of a broader reshuffle of the trading...

11 March 2024
in
Oil & gas

Shell's LNG, gas and power trading boss Hill to move on

Steve Hill, Shell's head of LNG, natural gas and power trading, is leaving the company.Hill chose to leave, Shell said, adding he would hand over his responsibilities...

08 March 2024
in
Chemicals/Petrochemicals, Oil & gas, Other, Power, Renewables, Transport

Drilling into the data: Export finance 2023 report out now

The publication of TXF Intelligence’s export finance data report for 2023 confirms the headlines – it was a very productive year for the industry. Read on to find the...

23 February 2024
in
Renewables

Plans unveiled for Japan's largest green hydrogen project

Japanese oil & gas firms Eneos and Idemitsu Kosan signed an MoU with utility Hokkaido Electric Power Company to develop a green hydrogen project with at least 100MW...

16 February 2024

New ECA finance role at Neom for Ewing

Tom Ewing has moved to Neom in the ECA financing team. He joins from Mizuho Bank in London, where he had been since January 2021 as director in the power and advisory and...

09 February 2024
in
Oil & gas

Petrobras back in Africa with stakes in 3 Shell blocks

Petrobras has come back to Africa’s oil and gas exploration playground, thanks to the acquisition of interests in three Shell-operated exploration blocks located...

02 January 2024
in
Renewables

EAIF provides $30m to AXIAN for renewable energy expansion

The Emerging Africa Infrastructure Fund (EAIF), is providing a $30 million senior secured loan facility to AXIAN Energy. This financing is part of AXIAN Energy's...

22 December 2023
in
Power

NER and Ascend close energy storage insurance policy for ERCOT market

New Energy Risk (NER) and Ascend Analytics have closed an industry-first energy storage insurance policy.The policy will enable the financing of a portfolio of grid-scale...

07 December 2023

CGI: Green light on trade digitisation, how banks can avoid stalling

Recent legislative developments on trade digitisation in the UK and long-awaited API standards for guarantees and standby LCs from SWIFT and ICC, have given banks the...

30 October 2023
in
Telecoms and Communications

Tom Bartlett to retire as CEO of American Tower Corp

Tom Bartlett, CEO and director of the Board of Directors at American Tower Corporation (AMT), will retire from the company from February 1, 2024.Bartlett joined American...

27 October 2023
in
Chemicals/Petrochemicals, Metals and Mining

Lithium mining: Matching financing to friendshoring

What the collapse of a promising lithium acquisition says about the challenges in financing big-ticket mining assets in developed markets.